SeqLL Balance Sheet Health
Financial Health criteria checks 4/6
SeqLL has a total shareholder equity of $607.7K and total debt of $1.4M, which brings its debt-to-equity ratio to 226.2%. Its total assets and total liabilities are $4.4M and $3.8M respectively.
Key information
226.2%
Debt to equity ratio
US$1.38m
Debt
Interest coverage ratio | n/a |
Cash | US$2.69m |
Equity | US$607.74k |
Total liabilities | US$3.83m |
Total assets | US$4.44m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SEQL's short term assets ($2.7M) exceed its short term liabilities ($2.5M).
Long Term Liabilities: SEQL's short term assets ($2.7M) exceed its long term liabilities ($1.3M).
Debt to Equity History and Analysis
Debt Level: SEQL has more cash than its total debt.
Reducing Debt: SEQL had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: SEQL has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: SEQL has less than a year of cash runway if free cash flow continues to reduce at historical rates of 25.4% each year