Rapid Micro Biosystems Balance Sheet Health
Financial Health criteria checks 6/6
Rapid Micro Biosystems has a total shareholder equity of $105.9M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $127.7M and $21.8M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$80.28m |
Equity | US$105.94m |
Total liabilities | US$21.79m |
Total assets | US$127.73m |
Recent financial health updates
We're Keeping An Eye On Rapid Micro Biosystems' (NASDAQ:RPID) Cash Burn Rate
Jun 30Companies Like Rapid Micro Biosystems (NASDAQ:RPID) Are In A Position To Invest In Growth
May 09We're Not Very Worried About Rapid Micro Biosystems' (NASDAQ:RPID) Cash Burn Rate
Feb 07Recent updates
We're Keeping An Eye On Rapid Micro Biosystems' (NASDAQ:RPID) Cash Burn Rate
Jun 30Rapid Micro to introduce RMBNucleus software for mold detection in pharma manufacturing
Oct 10Companies Like Rapid Micro Biosystems (NASDAQ:RPID) Are In A Position To Invest In Growth
May 09Earnings Release: Here's Why Analysts Cut Their Rapid Micro Biosystems, Inc. (NASDAQ:RPID) Price Target To US$17.67
Mar 08We're Not Very Worried About Rapid Micro Biosystems' (NASDAQ:RPID) Cash Burn Rate
Feb 07Financial Position Analysis
Short Term Liabilities: RPID's short term assets ($108.2M) exceed its short term liabilities ($15.6M).
Long Term Liabilities: RPID's short term assets ($108.2M) exceed its long term liabilities ($6.2M).
Debt to Equity History and Analysis
Debt Level: RPID is debt free.
Reducing Debt: RPID 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: RPID has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: RPID has sufficient cash runway for 1.5 years if free cash flow continues to reduce at historical rates of 12.9% each year.