Spark Networks Balance Sheet Health
Financial Health criteria checks 0/6
Spark Networks has a total shareholder equity of $-38.6M and total debt of $107.5M, which brings its debt-to-equity ratio to -278.3%. Its total assets and total liabilities are $134.8M and $173.4M respectively. Spark Networks's EBIT is $13.5M making its interest coverage ratio 0.9. It has cash and short-term investments of $5.7M.
Key information
-278.3%
Debt to equity ratio
US$107.50m
Debt
| Interest coverage ratio | 0.9x |
| Cash | US$5.68m |
| Equity | -US$38.63m |
| Total liabilities | US$173.42m |
| Total assets | US$134.79m |
Recent financial health updates
Recent updates
Spark Networks (NASDAQ:LOV) Use Of Debt Could Be Considered Risky
Feb 25
Spark Networks: The Ugly Girl At The Prom
Oct 17Spark Networks reports Q2 results; narrows FY22 soft guidance
Aug 09Spark Networks (NASDAQ:LOV) Takes On Some Risk With Its Use Of Debt
Jun 07Spark Networks: Love Might Be In The Air Again
Jun 02Does Spark Networks (NYSEMKT:LOV) Have A Healthy Balance Sheet?
Apr 05How Much Did Spark Networks'(NYSEMKT:LOV) Shareholders Earn From Share Price Movements Over The Last Three Years?
Mar 08Spark Networks SE's (NYSEMKT:LOV) About To Shift From Loss To Profit
Feb 01What Type Of Shareholders Own The Most Number of Spark Networks SE (NYSEMKT:LOV) Shares?
Dec 26Spark Networks'(NYSEMKT:LOV) Share Price Is Down 54% Over The Past Three Years.
Nov 30
Financial Position Analysis
Short Term Liabilities: LOVL.Q has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: LOVL.Q 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: LOVL.Q has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: LOVL.Q'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: Insufficient data to determine if LOVL.Q has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if LOVL.Q has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.