Snipp Interactive Balance Sheet Health
Financial Health criteria checks 4/6
Snipp Interactive has a total shareholder equity of $6.6M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $15.3M and $8.7M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$5.54m |
Equity | US$6.62m |
Total liabilities | US$8.69m |
Total assets | US$15.31m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SNIP.F's short term assets ($9.0M) exceed its short term liabilities ($8.7M).
Long Term Liabilities: SNIP.F has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: SNIP.F is debt free.
Reducing Debt: SNIP.F had no debt 5 years ago.
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 SNIP.F has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if SNIP.F has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.