Vivani Medical Balance Sheet Health
Financial Health criteria checks 6/6
Vivani Medical has a total shareholder equity of $23.8M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $48.2M and $24.4M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$24.92m |
| Equity | US$23.82m |
| Total liabilities | US$24.40m |
| Total assets | US$48.22m |
Recent financial health updates
We Think Vivani Medical (NASDAQ:VANI) Needs To Drive Business Growth Carefully
Aug 19
Is Vivani Medical (NASDAQ:VANI) In A Good Position To Invest In Growth?
Dec 23Here's Why We're Watching Vivani Medical's (NASDAQ:VANI) Cash Burn Situation
Jul 13Companies Like Vivani Medical (NASDAQ:VANI) Are In A Position To Invest In Growth
Apr 07Recent updates
We Think Vivani Medical (NASDAQ:VANI) Needs To Drive Business Growth Carefully
Aug 19Is Vivani Medical (NASDAQ:VANI) In A Good Position To Invest In Growth?
Dec 23Here's Why We're Watching Vivani Medical's (NASDAQ:VANI) Cash Burn Situation
Jul 13Companies Like Vivani Medical (NASDAQ:VANI) Are In A Position To Invest In Growth
Apr 07We Think Vivani Medical (NASDAQ:VANI) Can Afford To Drive Business Growth
Dec 06Financial Position Analysis
Short Term Liabilities: VANI's short term assets ($26.3M) exceed its short term liabilities ($5.8M).
Long Term Liabilities: VANI's short term assets ($26.3M) exceed its long term liabilities ($18.6M).
Debt to Equity History and Analysis
Debt Level: VANI is debt free.
Reducing Debt: VANI 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: VANI has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: VANI has sufficient cash runway for 1 years if free cash flow continues to reduce at historical rates of 28.6% each year.