Boxlight Balance Sheet Health
Financial Health criteria checks 4/6
Boxlight has a total shareholder equity of $37.6M and total debt of $38.5M, which brings its debt-to-equity ratio to 102.3%. Its total assets and total liabilities are $142.4M and $104.8M respectively.
Key information
102.3%
Debt to equity ratio
US$38.46m
Debt
Interest coverage ratio | n/a |
Cash | US$11.81m |
Equity | US$37.59m |
Total liabilities | US$104.79m |
Total assets | US$142.38m |
Recent financial health updates
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
Earnings 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 30Boxlight EPS misses by $0.01, misses on revenue
Nov 16Financial Position Analysis
Short Term Liabilities: BOXL's short term assets ($86.5M) exceed its short term liabilities ($39.9M).
Long Term Liabilities: BOXL's short term assets ($86.5M) exceed its long term liabilities ($64.9M).
Debt to Equity History and Analysis
Debt Level: BOXL's net debt to equity ratio (70.9%) is considered high.
Reducing Debt: BOXL's debt to equity ratio has increased from 82.3% to 102.3% 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, due to free cash flow being positive and growing by 3.6% per year.