Society Pass Balance Sheet Health
Financial Health criteria checks 4/6
Society Pass has a total shareholder equity of $5.0M and total debt of $21.3K, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are $16.4M and $11.3M respectively.
Key information
0.4%
Debt to equity ratio
US$21.31k
Debt
Interest coverage ratio | n/a |
Cash | US$4.40m |
Equity | US$5.03m |
Total liabilities | US$11.33m |
Total assets | US$16.36m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: SOPA's short term assets ($8.1M) do not cover its short term liabilities ($10.5M).
Long Term Liabilities: SOPA's short term assets ($8.1M) exceed its long term liabilities ($848.0K).
Debt to Equity History and Analysis
Debt Level: SOPA has more cash than its total debt.
Reducing Debt: SOPA's debt to equity ratio has increased from 0% to 0.4% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: SOPA has sufficient cash runway for 4 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: SOPA is forecast to have sufficient cash runway for 3 months based on free cash flow estimates, but has since raised additional capital.