Society Pass Balance Sheet Health
Financial Health criteria checks 2/6
Society Pass has a total shareholder equity of $553.3K and total debt of $421.6K, which brings its debt-to-equity ratio to 76.2%. Its total assets and total liabilities are $17.0M and $16.4M respectively.
Key information
76.2%
Debt to equity ratio
US$421.61k
Debt
| Interest coverage ratio | n/a |
| Cash | US$4.74m |
| Equity | US$553.32k |
| Total liabilities | US$16.43m |
| Total assets | US$16.98m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: SOPA's short term assets ($9.8M) do not cover its short term liabilities ($15.9M).
Long Term Liabilities: SOPA's short term assets ($9.8M) exceed its long term liabilities ($489.4K).
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 0.6% to 76.2% 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 less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: SOPA has less than a year of cash runway if free cash flow continues to reduce at historical rates of 30.2% each year