Newegg Commerce Balance Sheet Health
Financial Health criteria checks 6/6
Newegg Commerce has a total shareholder equity of $114.6M and total debt of $21.9M, which brings its debt-to-equity ratio to 19.1%. Its total assets and total liabilities are $378.4M and $263.8M respectively.
Key information
19.1%
Debt to equity ratio
US$21.94m
Debt
| Interest coverage ratio | n/a |
| Cash | US$49.68m |
| Equity | US$114.63m |
| Total liabilities | US$263.80m |
| Total assets | US$378.43m |
Recent financial health updates
Is Newegg Commerce (NASDAQ:NEGG) Weighed On By Its Debt Load?
Oct 23
Is Newegg Commerce (NASDAQ:NEGG) Using Debt In A Risky Way?
Feb 18Recent updates
Risks Still Elevated At These Prices As Newegg Commerce, Inc. (NASDAQ:NEGG) Shares Dive 25%
Dec 28Is Newegg Commerce (NASDAQ:NEGG) Weighed On By Its Debt Load?
Oct 23Newegg Commerce, Inc.'s (NASDAQ:NEGG) Shares Climb 50% But Its Business Is Yet to Catch Up
May 21Newegg Commerce, Inc.'s (NASDAQ:NEGG) 27% Share Price Surge Not Quite Adding Up
Mar 12Is Newegg Commerce (NASDAQ:NEGG) Using Debt In A Risky Way?
Feb 18Newegg Commerce, Inc.'s (NASDAQ:NEGG) 27% Price Boost Is Out Of Tune With Revenues
Dec 27Newegg Stock: Searching For A Bottom Following A Reset Of Expectations
Oct 06Newegg Commerce reports 1H results
Sep 02Newegg: Revenue Growth Supported By GMV Growth
Jul 21Returns At Newegg Commerce (NASDAQ:NEGG) Are On The Way Up
Jun 01Newegg Commerce, Inc.'s (NASDAQ:NEGG) 39% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/E Ratio
May 07Newegg Stock Forecast: Where Is It Heading In 2022?
Apr 18Newegg Commerce Inc.: Bullish With Several Tailwinds Driving Growth
Oct 08Newegg: Avoid The New Listing Hype
Jul 08Financial Position Analysis
Short Term Liabilities: NEGG's short term assets ($239.2M) exceed its short term liabilities ($198.2M).
Long Term Liabilities: NEGG's short term assets ($239.2M) exceed its long term liabilities ($65.6M).
Debt to Equity History and Analysis
Debt Level: NEGG has more cash than its total debt.
Reducing Debt: NEGG's debt to equity ratio has reduced from 49.2% to 19.1% over the past 5 years.
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 NEGG has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: NEGG is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 19.7% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/31 19:33 |
| End of Day Share Price | 2024/12/31 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Newegg Commerce, Inc. is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Michael Kupinski | NOBLE Capital Markets, Inc. |