CervoMed Balance Sheet Health
Financial Health criteria checks 4/6
CervoMed has a total shareholder equity of $5.3M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $8.0M and $2.7M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$6.37m |
Equity | US$5.34m |
Total liabilities | US$2.66m |
Total assets | US$8.00m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: CRVO's short term assets ($8.0M) exceed its short term liabilities ($2.7M).
Long Term Liabilities: CRVO has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: CRVO is debt free.
Reducing Debt: CRVO 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: CRVO has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: CRVO has less than a year of cash runway if free cash flow continues to reduce at historical rates of 36.1% each year