White Label Liquid, Inc. WLAB OTC

White Label Liquid, Inc. (WLAB) reported total assets of $5K and total liabilities of $506.27K for quarter ending 2022-09-30, resulting in total equity of $-501.27K.

The company held $5K in cash and short-term investments. Total debt stood at $401.09K, with net debt of $396.09K. The Debt-to-Equity (D/E) ratio was -0.8 (conservative).

Current ratio is 0.03, which may signal tight short-term liquidity. Interest coverage is -0x (weak).

Criteria supported by this page:

• HEALTH (0/100, Fail) — the balance sheet shows elevated risk in debt or liquidity metrics
• MOAT (20/100) — Total assets $5K and equity $-501.27K support the company's competitive scale

Overall SharesGrow Score: 14/100 with 0/7 criteria passed.