SMX (Security Matters) Balance Sheet Health
Financial Health criteria checks 4/6
SMX (Security Matters) has a total shareholder equity of $32.2M and total debt of $3.6M, which brings its debt-to-equity ratio to 11.2%. Its total assets and total liabilities are $51.2M and $18.9M respectively.
Key information
11.2%
Debt to equity ratio
US$3.62m
Debt
Interest coverage ratio | n/a |
Cash | US$168.00k |
Equity | US$32.24m |
Total liabilities | US$18.92m |
Total assets | US$51.16m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SMX's short term assets ($802.0K) do not cover its short term liabilities ($18.0M).
Long Term Liabilities: SMX's short term assets ($802.0K) do not cover its long term liabilities ($894.0K).
Debt to Equity History and Analysis
Debt Level: SMX's net debt to equity ratio (10.7%) is considered satisfactory.
Reducing Debt: SMX's debt to equity ratio has reduced from 15.5% to 11.2% 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: SMX has sufficient cash runway for 0 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: SMX is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.