Datasea Balance Sheet Health
Financial Health criteria checks 3/6
Datasea has a total shareholder equity of $2.5M and total debt of $658.8K, which brings its debt-to-equity ratio to 26%. Its total assets and total liabilities are $4.9M and $2.4M respectively.
Key information
26.0%
Debt to equity ratio
US$658.82k
Debt
| Interest coverage ratio | n/a |
| Cash | US$437.72k |
| Equity | US$2.53m |
| Total liabilities | US$2.41m |
| Total assets | US$4.94m |
Recent financial health updates
Recent updates
Even With A 29% Surge, Cautious Investors Are Not Rewarding Datasea Inc.'s (NASDAQ:DTSS) Performance Completely
Apr 03
Take Care Before Jumping Onto Datasea Inc. (NASDAQ:DTSS) Even Though It's 46% Cheaper
Feb 14Datasea Inc. (NASDAQ:DTSS) Screens Well But There Might Be A Catch
Dec 28Datasea GAAP EPS of -$0.27, revenue of $17.08M
Sep 28Datasea stock gains 6% premarket on $4.4M procurement deal for 5G messaging services
Aug 23Datasea rallies on eight new orders for its smart push 5G messaging solution
Aug 08Datasea signs a $22.3M purchase agreement for providing 5G messaging services
Jul 18Datasea skyrockets 62% on establishing a new company to focus on 5G opportunities
Jan 14If You Had Bought Datasea (NASDAQ:DTSS) Shares A Year Ago You'd Have Earned 12% Returns
Jan 14
Financial Position Analysis
Short Term Liabilities: DTSS's short term assets ($4.1M) exceed its short term liabilities ($2.4M).
Long Term Liabilities: DTSS's short term assets ($4.1M) exceed its long term liabilities ($672.0).
Debt to Equity History and Analysis
Debt Level: DTSS's net debt to equity ratio (8.7%) is considered satisfactory.
Reducing Debt: DTSS's debt to equity ratio has increased from 0.1% to 26% 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: DTSS has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: DTSS has less than a year of cash runway if free cash flow continues to reduce at historical rates of 24.7% each year