Boxlight Balance Sheet Health
Financial Health criteria checks 4/6
Boxlight has a total shareholder equity of $45.3M and total debt of $40.2M, which brings its debt-to-equity ratio to 88.8%. Its total assets and total liabilities are $158.6M and $113.3M respectively. Boxlight's EBIT is $544.0K making its interest coverage ratio 0.1. It has cash and short-term investments of $17.3M.
Key information
88.8%
Debt to equity ratio
US$40.17m
Debt
| Interest coverage ratio | 0.05x |
| Cash | US$17.25m |
| Equity | US$45.26m |
| Total liabilities | US$113.31m |
| Total assets | US$158.57m |
Recent financial health updates
Is Boxlight (NASDAQ:BOXL) A Risky Investment?
Jan 18
Boxlight (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
Returns 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 30Boxlight EPS misses by $0.01, misses on revenue
Nov 16Financial Position Analysis
Short Term Liabilities: BOXL's short term assets ($100.4M) exceed its short term liabilities ($46.2M).
Long Term Liabilities: BOXL's short term assets ($100.4M) exceed its long term liabilities ($67.1M).
Debt to Equity History and Analysis
Debt Level: BOXL's net debt to equity ratio (50.6%) is considered high.
Reducing Debt: BOXL's debt to equity ratio has increased from 37.8% to 88.8% 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: Whilst unprofitable BOXL has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: BOXL is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 5.2% per year.