Worlds Balance Sheet Health
Financial Health criteria checks 0/6
Worlds has a total shareholder equity of $-3.1M and total debt of $773.3K, which brings its debt-to-equity ratio to -24.6%. Its total assets and total liabilities are $265.4K and $3.4M respectively.
Key information
-24.6%
Debt to equity ratio
US$773.28k
Debt
Interest coverage ratio | n/a |
Cash | US$244.86k |
Equity | -US$3.14m |
Total liabilities | US$3.41m |
Total assets | US$265.40k |
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.
Debt Coverage: WDDD's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if WDDD's interest payments on its debt are well covered by EBIT.