Siyata Mobile Balance Sheet Health
Financial Health criteria checks 6/6
Siyata Mobile has a total shareholder equity of $9.7M and total debt of $89.3K, which brings its debt-to-equity ratio to 0.9%. Its total assets and total liabilities are $15.5M and $5.8M respectively.
Key information
0.9%
Debt to equity ratio
US$89.30k
Debt
| Interest coverage ratio | n/a |
| Cash | US$898.77k |
| Equity | US$9.71m |
| Total liabilities | US$5.81m |
| Total assets | US$15.51m |
Recent financial health updates
Recent updates
Siyata Mobile stock slides on pricing ~$4M securities offering
Oct 10Siyata Mobile receives purchase order from federal government contractor
Sep 22Nasdaq notifies Siyata Mobile over minimum bid price requirement non-compliance
Sep 01Siyata Mobile GAAP EPS of -$0.29 misses by $0.10, revenue of $0.97M
Aug 19Siyata Mobile rallies on launching Uniden Mobile Coverage Kit
Dec 16Siyata Mobile receives $1.6M purchase order for Tier 1 U.S. Cellular Carrier
Dec 14Siyata Mobile inks distribution agreement with pei tel
Nov 24A Fresh Start For Siyata
Nov 02Financial Position Analysis
Short Term Liabilities: SYTA's short term assets ($6.7M) exceed its short term liabilities ($5.4M).
Long Term Liabilities: SYTA's short term assets ($6.7M) exceed its long term liabilities ($385.6K).
Debt to Equity History and Analysis
Debt Level: SYTA has more cash than its total debt.
Reducing Debt: SYTA's debt to equity ratio has reduced from 45.5% to 0.9% 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: SYTA has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: SYTA is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.