Sunstock Balance Sheet Health
Financial Health criteria checks 5/6
Sunstock has a total shareholder equity of $1.4M and total debt of $175.7K, which brings its debt-to-equity ratio to 12.8%. Its total assets and total liabilities are $2.1M and $777.7K respectively. Sunstock's EBIT is $204.0K making its interest coverage ratio 26. It has cash and short-term investments of $13.8K.
Key information
12.8%
Debt to equity ratio
US$175.68k
Debt
| Interest coverage ratio | 26x |
| Cash | US$13.79k |
| Equity | US$1.37m |
| Total liabilities | US$777.73k |
| Total assets | US$2.15m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SSOK's short term assets ($2.1M) exceed its short term liabilities ($615.2K).
Long Term Liabilities: SSOK's short term assets ($2.1M) exceed its long term liabilities ($162.5K).
Debt to Equity History and Analysis
Debt Level: SSOK's net debt to equity ratio (11.8%) is considered satisfactory.
Reducing Debt: SSOK had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: SSOK's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SSOK's interest payments on its debt are well covered by EBIT (26x coverage).