908 Devices Balance Sheet Health
Financial Health criteria checks 5/6
908 Devices has a total shareholder equity of $114.6M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $159.5M and $44.9M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$69.60m |
| Equity | US$114.59m |
| Total liabilities | US$44.88m |
| Total assets | US$159.48m |
Recent financial health updates
Recent updates
908 Devices Makes Key Divestiture (Rating Upgrade)
Mar 06908 Devices Inc.'s (NASDAQ:MASS) 55% Jump Shows Its Popularity With Investors
Mar 05
Earnings Update: 908 Devices Inc. (NASDAQ:MASS) Just Reported And Analysts Are Trimming Their Forecasts
Nov 15908 Devices: Key Investor Now Selling
Sep 08Why We're Not Concerned Yet About 908 Devices Inc.'s (NASDAQ:MASS) 29% Share Price Plunge
Aug 16We Think 908 Devices (NASDAQ:MASS) Can Afford To Drive Business Growth
Mar 30Investors Appear Satisfied With 908 Devices Inc.'s (NASDAQ:MASS) Prospects
Dec 18908 Devices Q2 2022 Earnings Preview
Aug 08908 Devices Aims For Broadened Footprint
Feb 02Financial Position Analysis
Short Term Liabilities: MASS's short term assets ($103.1M) exceed its short term liabilities ($25.1M).
Long Term Liabilities: MASS's short term assets ($103.1M) exceed its long term liabilities ($19.7M).
Debt to Equity History and Analysis
Debt Level: MASS is debt free.
Reducing Debt: MASS has no debt compared to 5 years ago when its debt to equity ratio was 172.2%.
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: MASS has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if MASS has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/03/19 22:56 |
| End of Day Share Price | 2025/03/19 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
908 Devices Inc. is covered by 5 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Puneet Souda | Leerink Partners LLC |
| Jacob Johnson | Stephens, Inc. |
| Daniel Arias | Stifel, Equities Research |