Satellos Bioscience Balance Sheet Health
Financial Health criteria checks 5/6
Satellos Bioscience has a total shareholder equity of CA$29.2M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$33.2M and CA$4.0M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$27.70m |
| Equity | CA$29.17m |
| Total liabilities | CA$4.03m |
| Total assets | CA$33.19m |
Financial Position Analysis
Short Term Liabilities: MSCL's short term assets (CA$29.2M) exceed its short term liabilities (CA$4.0M).
Long Term Liabilities: MSCL has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: MSCL is debt free.
Reducing Debt: MSCL 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: MSCL has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: MSCL has less than a year of cash runway if free cash flow continues to reduce at historical rates of 54.7% each year