electroCore Balance Sheet Health
Financial Health criteria checks 5/6
electroCore has a total shareholder equity of $11.5M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $22.4M and $10.9M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$14.23m |
| Equity | US$11.47m |
| Total liabilities | US$10.88m |
| Total assets | US$22.36m |
Recent financial health updates
We Think electroCore (NASDAQ:ECOR) Can Afford To Drive Business Growth
Sep 25
We Think electroCore (NASDAQ:ECOR) Can Afford To Drive Business Growth
Apr 29Recent updates
electroCore, Inc. (NASDAQ:ECOR) Soars 34% But It's A Story Of Risk Vs Reward
Oct 08We Think electroCore (NASDAQ:ECOR) Can Afford To Drive Business Growth
Sep 25electroCore sees Q3 revenue below consensus
Oct 14electroCore is issued 4 new U.S. patents in nVNS therapy
Sep 21electroCore sees Q2 revenue estimate higher than consensus
Jul 12We Think electroCore (NASDAQ:ECOR) Can Afford To Drive Business Growth
Apr 29electroCore: Pioneering Bioelectronic Medicine
Jan 06electroCore completes sale of $1.4M of NOL tax benefits
Jun 09Do Institutions Own electroCore, Inc. (NASDAQ:ECOR) Shares?
Feb 19
Financial Position Analysis
Short Term Liabilities: ECOR's short term assets ($18.0M) exceed its short term liabilities ($7.3M).
Long Term Liabilities: ECOR's short term assets ($18.0M) exceed its long term liabilities ($3.6M).
Debt to Equity History and Analysis
Debt Level: ECOR is debt free.
Reducing Debt: ECOR 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: ECOR has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if ECOR has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.