Starco Brands Balance Sheet Health
Financial Health criteria checks 5/6
Starco Brands has a total shareholder equity of $25.7M and total debt of $8.4M, which brings its debt-to-equity ratio to 32.7%. Its total assets and total liabilities are $83.3M and $57.7M respectively.
Key information
32.7%
Debt to equity ratio
US$8.39m
Debt
Interest coverage ratio | n/a |
Cash | US$1.76m |
Equity | US$25.67m |
Total liabilities | US$57.67m |
Total assets | US$83.35m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: STCB's short term assets ($25.2M) do not cover its short term liabilities ($57.7M).
Long Term Liabilities: STCB has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: STCB's net debt to equity ratio (25.8%) is considered satisfactory.
Reducing Debt: STCB 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: Whilst unprofitable STCB has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: STCB is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 7.3% per year.