Datasea Balance Sheet Health
Financial Health criteria checks 4/6
Datasea has a total shareholder equity of $4.1M and total debt of $1.1M, which brings its debt-to-equity ratio to 28.3%. Its total assets and total liabilities are $8.0M and $3.9M respectively.
Key information
28.3%
Debt to equity ratio
US$1.15m
Debt
| Interest coverage ratio | n/a |
| Cash | US$937.61k |
| Equity | US$4.06m |
| Total liabilities | US$3.89m |
| Total assets | US$7.96m |
Recent financial health updates
Recent updates
Positive Sentiment Still Eludes Datasea Inc. (NASDAQ:DTSS) Following 29% Share Price Slump
Aug 11
Not Many Are Piling Into Datasea Inc. (NASDAQ:DTSS) Stock Yet As It Plummets 35%
Jun 19Even With A 29% Surge, Cautious Investors Are Not Rewarding Datasea Inc.'s (NASDAQ:DTSS) Performance Completely
Apr 03Take 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 ($7.2M) exceed its short term liabilities ($3.8M).
Long Term Liabilities: DTSS's short term assets ($7.2M) exceed its long term liabilities ($132.5K).
Debt to Equity History and Analysis
Debt Level: DTSS's net debt to equity ratio (5.2%) is considered satisfactory.
Reducing Debt: DTSS's debt to equity ratio has increased from 0% to 28.3% 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 sufficient cash runway for more than a year 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 17.6% each year