Digital Brands Group Balance Sheet Health
Financial Health criteria checks 4/6
Digital Brands Group has a total shareholder equity of $2.7M and total debt of $7.5M, which brings its debt-to-equity ratio to 275.5%. Its total assets and total liabilities are $24.9M and $22.2M respectively.
Key information
275.5%
Debt to equity ratio
US$7.52m
Debt
| Interest coverage ratio | n/a |
| Cash | US$92.79k |
| Equity | US$2.73m |
| Total liabilities | US$22.21m |
| Total assets | US$24.94m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DBGI's short term assets ($6.6M) do not cover its short term liabilities ($21.4M).
Long Term Liabilities: DBGI's short term assets ($6.6M) exceed its long term liabilities ($794.5K).
Debt to Equity History and Analysis
Debt Level: DBGI's net debt to equity ratio (272.1%) is considered high.
Reducing Debt: DBGI 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: DBGI has sufficient cash runway for 0 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: DBGI is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.