Duos Technologies Group Balance Sheet Health
Financial Health criteria checks 6/6
Duos Technologies Group has a total shareholder equity of $5.4M and total debt of $42.0K, which brings its debt-to-equity ratio to 0.8%. Its total assets and total liabilities are $12.8M and $7.5M respectively.
Key information
0.8%
Debt to equity ratio
US$41.98k
Debt
| Interest coverage ratio | n/a |
| Cash | US$2.44m |
| Equity | US$5.37m |
| Total liabilities | US$7.48m |
| Total assets | US$12.84m |
Recent financial health updates
Recent updates
Duos Technologies Group, Inc. (NASDAQ:DUOT) Screens Well But There Might Be A Catch
Mar 11
Analysts Just Shaved Their Duos Technologies Group, Inc. (NASDAQ:DUOT) Forecasts Dramatically
Nov 22Sentiment Still Eluding Duos Technologies Group, Inc. (NASDAQ:DUOT)
May 19Duos Technologies commences stock offering, updates Q3 revenue guidance
Oct 03Duos Technologies GAAP EPS of -$0.22, revenue of $3.62M
Aug 15Meaningful Progress At Duos Technologies
Apr 11Duos Technologies Is Back On Track
Jul 07Duos Technologies EPS misses by $0.82, misses on revenue
Nov 12Financial Position Analysis
Short Term Liabilities: DUOT's short term assets ($6.3M) exceed its short term liabilities ($3.2M).
Long Term Liabilities: DUOT's short term assets ($6.3M) exceed its long term liabilities ($4.2M).
Debt to Equity History and Analysis
Debt Level: DUOT has more cash than its total debt.
Reducing Debt: DUOT 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: DUOT has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: DUOT is forecast to have sufficient cash runway for 3 months based on free cash flow estimates, but has since raised additional capital.