Creatd Balance Sheet Health
Financial Health criteria checks 0/6
Creatd has a total shareholder equity of $-20.7M and total debt of $7.6M, which brings its debt-to-equity ratio to -36.7%. Its total assets and total liabilities are $2.9M and $23.6M respectively.
Key information
-36.7%
Debt to equity ratio
US$7.61m
Debt
| Interest coverage ratio | n/a |
| Cash | US$6.76k |
| Equity | -US$20.72m |
| Total liabilities | US$23.61m |
| Total assets | US$2.89m |
Recent financial health updates
Recent updates
Creatd makes key appointments
Sep 06Creatd to acquire additional stake in Dune, WHE Agency
Aug 18Creatd takes majority stake in stock trading social app Orbit Media
Aug 05Creatd to acquire plant-based food company, Brave; closes $2.15M in private placement
Jul 25Creatd reports Q2 results
Jul 14Creatd increases its ownership stake in Plant Camp to 89%
Jun 04Have Insiders Been Buying Creatd Inc. (NASDAQ:CRTD) Shares?
Feb 11
Creatd announces private placement for $7.77M
Dec 30Health Check: How Prudently Does Creatd (NASDAQ:CRTD) Use Debt?
Nov 18Creatd EPS misses by $2.54, misses on revenue
Nov 16Financial Position Analysis
Short Term Liabilities: CRTD has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: CRTD has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: CRTD has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: CRTD's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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: CRTD has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: CRTD has less than a year of cash runway if free cash flow continues to reduce at historical rates of 24.6% each year