Micromobility.com Balance Sheet Health

Financial Health criteria checks 0/6

Micromobility.com has a total shareholder equity of $-48.0M and total debt of $16.9M, which brings its debt-to-equity ratio to -35.2%. Its total assets and total liabilities are $4.7M and $52.7M respectively.

Key information

-35.2%

Debt to equity ratio

US$16.91m

Debt

Interest coverage ration/a
CashUS$162.00k
Equity-US$47.99m
Total liabilitiesUS$52.71m
Total assetsUS$4.72m

Recent financial health updates

Recent updates

Investors Give Micromobility.com Inc. (NASDAQ:MCOM) Shares A 71% Hiding

Apr 18
Investors Give Micromobility.com Inc. (NASDAQ:MCOM) Shares A 71% Hiding

Helbiz, Moovit expand partnership for geo-targeted banners

Oct 11

Helbiz expanding micro-mobility operations in Miami-Dade, adding newest e-bike model to fleet

Aug 19

Helbiz Media signs deal to broadcast highlights of Serie BKT championship

Aug 10

Helbiz reports shares acquired by CEO

Jul 21

Helbiz to open operations in Orlando, FL

Jul 08

Helbiz expands micro-mobility operations across U.S. markets

Jun 29

Helbiz In A Nutshell: Visionary, Hyped Business Model With Poor Economics

Nov 18

Financial Position Analysis

Short Term Liabilities: MCOM has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: MCOM has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: MCOM has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: MCOM's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


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: MCOM has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: MCOM has less than a year of cash runway if free cash flow continues to reduce at historical rates of 9.7% each year


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