8x8 Financial Health
How is 8x8's financial position?
Financial Health Score3/6
Financial Health Score 3/6
Short Term Liabilities
Long Term Liabilities
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.
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.