SciSparc Balance Sheet Health
Financial Health criteria checks 4/6
SciSparc has a total shareholder equity of $8.7M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $10.5M and $1.8M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$2.56m |
| Equity | US$8.66m |
| Total liabilities | US$1.83m |
| Total assets | US$10.48m |
Financial Position Analysis
Short Term Liabilities: SPRC's short term assets ($3.4M) exceed its short term liabilities ($1.8M).
Long Term Liabilities: SPRC's short term assets ($3.4M) exceed its long term liabilities ($26.0K).
Debt to Equity History and Analysis
Debt Level: SPRC is debt free.
Reducing Debt: SPRC currently has no debt however we can't compare to 5 years ago as we have no data for that period.
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: SPRC has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: SPRC has less than a year of cash runway if free cash flow continues to reduce at historical rates of 8.4% each year