authID Balance Sheet Health
Financial Health criteria checks 6/6
authID has a total shareholder equity of $13.2M and total debt of $224.4K, which brings its debt-to-equity ratio to 1.7%. Its total assets and total liabilities are $15.4M and $2.2M respectively.
Key information
1.7%
Debt to equity ratio
US$224.42k
Debt
Interest coverage ratio | n/a |
Cash | US$10.18m |
Equity | US$13.20m |
Total liabilities | US$2.21m |
Total assets | US$15.41m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AUID's short term assets ($10.9M) exceed its short term liabilities ($1.7M).
Long Term Liabilities: AUID's short term assets ($10.9M) exceed its long term liabilities ($549.4K).
Debt to Equity History and Analysis
Debt Level: AUID has more cash than its total debt.
Reducing Debt: AUID's debt to equity ratio has reduced from 12.7% to 1.7% 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: AUID has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: AUID has sufficient cash runway for 1.2 years if free cash flow continues to reduce at historical rates of 13.3% each year.