Locafy Balance Sheet Health
Financial Health criteria checks 2/6
Locafy has a total shareholder equity of A$4.1M and total debt of A$271.6K, which brings its debt-to-equity ratio to 6.6%. Its total assets and total liabilities are A$6.8M and A$2.7M respectively.
Key information
6.6%
Debt to equity ratio
AU$271.60k
Debt
| Interest coverage ratio | n/a |
| Cash | AU$409.38k |
| Equity | AU$4.11m |
| Total liabilities | AU$2.65m |
| Total assets | AU$6.76m |
Financial Position Analysis
Short Term Liabilities: LCFY's short term assets (A$2.2M) do not cover its short term liabilities (A$2.4M).
Long Term Liabilities: LCFY's short term assets (A$2.2M) exceed its long term liabilities (A$302.4K).
Debt to Equity History and Analysis
Debt Level: LCFY has more cash than its total debt.
Reducing Debt: Insufficient data to determine if LCFY's debt to equity ratio has reduced 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: LCFY has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: LCFY has less than a year of cash runway if free cash flow continues to reduce at historical rates of 12% each year