Ryde Group Balance Sheet Health
Financial Health criteria checks 4/6
Ryde Group has a total shareholder equity of SGD3.1M and total debt of SGD0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SGD8.0M and SGD4.9M respectively.
Key information
0%
Debt to equity ratio
S$0
Debt
| Interest coverage ratio | n/a |
| Cash | S$3.19m |
| Equity | S$3.12m |
| Total liabilities | S$4.91m |
| Total assets | S$8.03m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RYDE's short term assets (SGD7.3M) exceed its short term liabilities (SGD4.9M).
Long Term Liabilities: RYDE's short term assets (SGD7.3M) exceed its long term liabilities (SGD32.0K).
Debt to Equity History and Analysis
Debt Level: RYDE is debt free.
Reducing Debt: RYDE had no debt 5 years ago.
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: RYDE has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: RYDE has less than a year of cash runway if free cash flow continues to reduce at historical rates of 54.5% each year