Iveda Solutions Balance Sheet Health
Financial Health criteria checks 4/6
Iveda Solutions has a total shareholder equity of $5.5M and total debt of $829.4K, which brings its debt-to-equity ratio to 15%. Its total assets and total liabilities are $9.1M and $3.5M respectively.
Key information
15.0%
Debt to equity ratio
US$829.42k
Debt
| Interest coverage ratio | n/a |
| Cash | US$3.60m |
| Equity | US$5.53m |
| Total liabilities | US$3.53m |
| Total assets | US$9.06m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: IVDA's short term assets ($7.6M) exceed its short term liabilities ($3.1M).
Long Term Liabilities: IVDA's short term assets ($7.6M) exceed its long term liabilities ($420.0K).
Debt to Equity History and Analysis
Debt Level: IVDA has more cash than its total debt.
Reducing Debt: IVDA 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: IVDA has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: IVDA has less than a year of cash runway if free cash flow continues to reduce at historical rates of 42.1% each year