SemiLEDs Balance Sheet Health

Financial Health criteria checks 2/6

SemiLEDs has a total shareholder equity of $3.1M and total debt of $4.0M, which brings its debt-to-equity ratio to 128.4%. Its total assets and total liabilities are $12.0M and $8.9M respectively.

Key information

128.4%

Debt to equity ratio

US$3.97m

Debt

Interest coverage ratio	n/a
Cash	US$1.61m
Equity	US$3.09m
Total liabilities	US$8.93m
Total assets	US$12.02m

Recent financial health updates

Recent updates

Does SemiLEDs (NASDAQ:LEDS) Have A Healthy Balance Sheet?

Apr 02

Is SemiLEDs (NASDAQ:LEDS) A Risky Investment?

Aug 19

Is SemiLEDs (NASDAQ:LEDS) A Risky Investment?

Apr 27

Here's Why SemiLEDs (NASDAQ:LEDS) Can Afford Some Debt

Aug 20

SemiLEDs GAAP EPS of -$0.20, revenue of $1.8M

Jul 12

Is SemiLEDs (NASDAQ:LEDS) Using Too Much Debt?

May 07

We Think SemiLEDs (NASDAQ:LEDS) Has A Fair Chunk Of Debt

Nov 05

SemiLEDs: Are We Really Doing This Again?

Jun 28

Is SemiLEDs (NASDAQ:LEDS) Using Too Much Debt?

Apr 09

SemiLEDs reports Q1 results

Jan 08

Financial Position Analysis

Short Term Liabilities: LEDS's short term assets ($6.4M) do not cover its short term liabilities ($6.6M).

Long Term Liabilities: LEDS's short term assets ($6.4M) exceed its long term liabilities ($2.3M).

Debt to Equity History and Analysis

Debt Level: LEDS's net debt to equity ratio (76.2%) is considered high.

Reducing Debt: LEDS's debt to equity ratio has reduced from 156.8% to 128.4% 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: LEDS has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: LEDS has less than a year of cash runway if free cash flow continues to grow at historical rates of 3.1% each year.

SemiLEDs Balance Sheet Health

Financial Health criteria checks 2/6

Key information

Recent financial health updates

Does SemiLEDs (NASDAQ:LEDS) Have A Healthy Balance Sheet?

SemiLEDs Believes It Regains Compliance with the Stockholders’ Equity Requirement Based Upon Conversion of the Notes and Repayment of the Loan Agreement

Is SemiLEDs (NASDAQ:LEDS) A Risky Investment?

SemiLEDs Corporation Provides Nasdaq Non-Compliance Update

Is SemiLEDs (NASDAQ:LEDS) A Risky Investment?

Here's Why SemiLEDs (NASDAQ:LEDS) Can Afford Some Debt

Recent updates

Second quarter 2024 earnings released: US$0.11 loss per share (vs US$0.11 loss in 2Q 2023)

SemiLEDs Corporation Provides Revenue Guidance for the Third Quarter Ending May 31, 2024

Does SemiLEDs (NASDAQ:LEDS) Have A Healthy Balance Sheet?

New major risk - Share price stability

First quarter 2024 earnings released: US$0.12 loss per share (vs US$0.11 loss in 1Q 2023)

SemiLEDs Corporation Provides Revenue Guidance for the Second Quarter Ending February 29, 2024

Founder exercised options to buy US$244k worth of stock.

SemiLEDs Believes It Regains Compliance with the Stockholders’ Equity Requirement Based Upon Conversion of the Notes and Repayment of the Loan Agreement

New minor risk - Shareholder dilution

Full year 2023 earnings released: US$0.55 loss per share (vs US$0.61 loss in FY 2022)

SemiLEDs Corporation to Report Q4, 2023 Results on Nov 10, 2023

New minor risk - Share price stability

Is SemiLEDs (NASDAQ:LEDS) A Risky Investment?

SemiLEDs Corporation Provides Nasdaq Non-Compliance Update

SemiLEDs Corporation Provides Revenue Guidance for the Fourth Quarter Ending August 31, 2023

Third quarter 2023 earnings released: US$0.15 loss per share (vs US$0.20 loss in 3Q 2022)

Is SemiLEDs (NASDAQ:LEDS) A Risky Investment?

Second quarter 2023 earnings released: US$0.11 loss per share (vs US$0.038 loss in 2Q 2022)

First quarter 2023 earnings released: US$0.11 loss per share (vs US$0.12 loss in 1Q 2022)

SemiLEDs Corporation to Report Q1, 2023 Results on Jan 03, 2023

Insufficient new directors

Full year 2022 earnings released: US$0.61 loss per share (vs US$0.68 loss in FY 2021)

SemiLEDs Corporation to Report Q4, 2022 Results on Nov 07, 2022

Insufficient new directors

Insufficient new directors

Here's Why SemiLEDs (NASDAQ:LEDS) Can Afford Some Debt

SemiLEDs Corporation, Annual General Meeting, Sep 13, 2022

Third quarter 2022 earnings released: US$0.20 loss per share (vs US$0.016 loss in 3Q 2021)

SemiLEDs GAAP EPS of -$0.20, revenue of $1.8M

SemiLEDs Corporation to Report Q3, 2022 Results on Jul 12, 2022

Is SemiLEDs (NASDAQ:LEDS) Using Too Much Debt?

Second quarter 2022 earnings released: US$0.038 loss per share (vs US$0.063 loss in 2Q 2021)

First quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

We Think SemiLEDs (NASDAQ:LEDS) Has A Fair Chunk Of Debt

Third quarter 2021 earnings released: US$0.016 loss per share (vs US$0.14 loss in 3Q 2020)

SemiLEDs: Are We Really Doing This Again?

SemiLEDs Corporation Unable to Forecast Revenue for the Third Quarter Ending May 31, 2021

Is SemiLEDs (NASDAQ:LEDS) Using Too Much Debt?

SemiLEDs Corporation Announces That the Company Is Unable to Provide Revenue Guidance for the Second Quarter Ending February 28, 2021

SemiLEDs reports Q1 results

SemiLEDs Corporation to Report Q1, 2021 Results on Jan 08, 2021

SemiLEDs Corporation Not Provides Earnings Guidance for the First Quarter Ending November 30, 2020

SemiLEDs Corporation to Report Fiscal Year 2020 Results on Nov 12, 2020

SemiLEDs Corporation Elects Edward Hsieh as Director

SemiLEDs Receives A Notice from the Nasdaq Stock Market

XianChang Ma completed the acquistion of Semileds International Corporation Limited from SemiLEDs Corporation (NasdaqCM:LEDS).

SemiLEDs Corporation Unable to Forecast Revenue for the Fourth Quarter Ending August 31, 2020

SemiLEDs Corporation to Report Q3, 2020 Results on Jul 10, 2020

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Cash Runway Analysis

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