Worlds Balance Sheet Health

Financial Health criteria checks 2/6

Worlds has a total shareholder equity of $-3.4M and total debt of $773.3K, which brings its debt-to-equity ratio to -22.9%. Its total assets and total liabilities are $107.9K and $3.5M respectively.

Key information

-22.9%

Debt to equity ratio

US$773.28k

Debt

Interest coverage ration/a
CashUS$84.34k
Equity-US$3.37m
Total liabilitiesUS$3.48m
Total assetsUS$107.88k

Recent financial health updates

Recent updates

Financial Position Analysis

Short Term Liabilities: WDDD has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: WDDD 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: WDDD has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: WDDD'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: Whilst unprofitable WDDD has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: WDDD is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 10.7% per year.


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