8x8 Financial Health

How is 8x8's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: EGHT's short term assets ($263.7M) exceed its short term liabilities ($169.0M).

Long Term Liabilities: EGHT's short term assets ($263.7M) do not cover its long term liabilities ($602.2M).


Debt to Equity History and Analysis

Debt Level: EGHT's net debt to equity ratio (455.1%) is considered high.

Reducing Debt: EGHT's debt to equity ratio has increased from 0% to 609.5% 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: Whilst unprofitable EGHT has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: EGHT is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 15.6% per year.


Discover healthy companies