Urgent.ly Balance Sheet Health
Financial Health criteria checks 0/6
Urgent.ly has a total shareholder equity of $-23.5M and total debt of $53.7M, which brings its debt-to-equity ratio to -228.5%. Its total assets and total liabilities are $59.9M and $83.4M respectively.
Key information
-228.5%
Debt to equity ratio
US$53.71m
Debt
| Interest coverage ratio | n/a |
| Cash | US$17.37m |
| Equity | -US$23.51m |
| Total liabilities | US$83.36m |
| Total assets | US$59.86m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ULY has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: ULY has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: ULY has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: ULY's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: ULY's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if ULY's interest payments on its debt are well covered by EBIT.