Boxlight Balance Sheet Health
Financial Health criteria checks 4/6
Boxlight has a total shareholder equity of $35.1M and total debt of $38.8M, which brings its debt-to-equity ratio to 110.7%. Its total assets and total liabilities are $141.4M and $106.3M respectively.
Key information
110.7%
Debt to equity ratio
US$38.79m
Debt
| Interest coverage ratio | n/a |
| Cash | US$10.49m |
| Equity | US$35.05m |
| Total liabilities | US$106.34m |
| Total assets | US$141.40m |
Recent financial health updates
Boxlight (NASDAQ:BOXL) Has Debt But No Earnings; Should You Worry?
Aug 10
Is Boxlight (NASDAQ:BOXL) A Risky Investment?
Jan 18Boxlight (NASDAQ:BOXL) Takes On Some Risk With Its Use Of Debt
Jun 02Here's Why Boxlight (NASDAQ:BOXL) Has A Meaningful Debt Burden
Feb 02Recent updates
Boxlight (NASDAQ:BOXL) Has Debt But No Earnings; Should You Worry?
Aug 10Earnings Release: Here's Why Analysts Cut Their Boxlight Corporation (NASDAQ:BOXL) Price Target To US$2.50
May 11Returns At Boxlight (NASDAQ:BOXL) Are On The Way Up
Mar 11Is Boxlight (NASDAQ:BOXL) A Risky Investment?
Jan 18Returns Are Gaining Momentum At Boxlight (NASDAQ:BOXL)
Nov 09Investors Holding Back On Boxlight Corporation (NASDAQ:BOXL)
Aug 31Boxlight (NASDAQ:BOXL) Might Have The Makings Of A Multi-Bagger
Jul 13Boxlight (NASDAQ:BOXL) Takes On Some Risk With Its Use Of Debt
Jun 02Returns At Boxlight (NASDAQ:BOXL) Are On The Way Up
Mar 13Here's Why Boxlight (NASDAQ:BOXL) Has A Meaningful Debt Burden
Feb 02Boxlight (NASDAQ:BOXL) Is Experiencing Growth In Returns On Capital
Nov 19Does Boxlight (NASDAQ:BOXL) Have A Healthy Balance Sheet?
Oct 12Boxlight Corporation: More Dilution For Common Shareholders Despite Better-Than-Expected Q2 Results
Sep 25Boxlight GAAP EPS of $0.00 beats by $0.07, revenue of $59.6M beats by $5.58M
Aug 11Boxlight prices $5M direct stock offering
Jul 22Does Boxlight (NASDAQ:BOXL) Have A Healthy Balance Sheet?
Jul 05Boxlight Corporation: Throwing In The Towel On Weak Profitability And Less-Than-Stellar Execution
May 18Boxlight Corporation (NASDAQ:BOXL) Just Reported Earnings, And Analysts Cut Their Target Price
Mar 21Boxlight Corporation - Upgrading To 'Buy' On Profitable Acquisition And Increased Guidance
Mar 19Boxlight: Slow, But Still Undervalued
Jul 27Boxlight to rejoin Russell Microcap Index
Jun 18Boxlight introduces strategic customer financing program
Jun 08Boxlight Corporation: Buy With Both Hands After Impressive Q1 Sales Performance
Apr 28Boxlight's executive leadership team changes
Nov 30Financial Position Analysis
Short Term Liabilities: BOXL's short term assets ($87.4M) exceed its short term liabilities ($41.5M).
Long Term Liabilities: BOXL's short term assets ($87.4M) exceed its long term liabilities ($64.8M).
Debt to Equity History and Analysis
Debt Level: BOXL's net debt to equity ratio (80.7%) is considered high.
Reducing Debt: BOXL's debt to equity ratio has reduced from 234.1% to 110.7% 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: BOXL has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: BOXL has less than a year of cash runway if free cash flow continues to grow at historical rates of 12.3% each year.