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Stock Screener List: 4/22/2022 Jumia Technologies

For me as always, it all starts with the B/S. Investors should always be cognizant of a company's Cash position versus its dependence on any Debt. JMIA is in a very early growth stage for the business, versus the opportunity, and as such has needed to raise capital over the past few years, which has been done with equity raises. Today, The Net Cash position stands at nearly $500 million, while Debt is not significant at only $12 million. While JMIA's Cash position is solid now, there is still a long way to go.

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