SomnoMed Balance Sheet Health
Financial Health criteria checks 6/6
SomnoMed has a total shareholder equity of A$45.0M and total debt of A$1.0M, which brings its debt-to-equity ratio to 2.3%. Its total assets and total liabilities are A$69.8M and A$24.8M respectively.
Key information
2.3%
Debt to equity ratio
AU$1.02m
Debt
Interest coverage ratio | n/a |
Cash | AU$16.18m |
Equity | AU$45.02m |
Total liabilities | AU$24.78m |
Total assets | AU$69.80m |
Recent financial health updates
SomnoMed (ASX:SOM) Has Debt But No Earnings; Should You Worry?
Mar 04Is SomnoMed (ASX:SOM) Using Too Much Debt?
Jun 19SomnoMed (ASX:SOM) Has Debt But No Earnings; Should You Worry?
Sep 27Is SomnoMed (ASX:SOM) Using Debt Sensibly?
May 10Is SomnoMed (ASX:SOM) Using Debt Sensibly?
Oct 26Health Check: How Prudently Does SomnoMed (ASX:SOM) Use Debt?
May 12Recent updates
SomnoMed Limited (ASX:SOM) Stock Catapults 27% Though Its Price And Business Still Lag The Industry
Dec 02Benign Growth For SomnoMed Limited (ASX:SOM) Underpins Stock's 27% Plummet
Oct 16SomnoMed Limited's (ASX:SOM) Share Price Boosted 30% But Its Business Prospects Need A Lift Too
Jul 15SomnoMed Limited (ASX:SOM) Shares Fly 30% But Investors Aren't Buying For Growth
May 31SomnoMed Limited (ASX:SOM) Stock's 43% Dive Might Signal An Opportunity But It Requires Some Scrutiny
Apr 15SomnoMed (ASX:SOM) Has Debt But No Earnings; Should You Worry?
Mar 04Market Still Lacking Some Conviction On SomnoMed Limited (ASX:SOM)
Dec 21SomnoMed Limited (ASX:SOM) Could Be Riskier Than It Looks
Sep 02Is SomnoMed (ASX:SOM) Using Too Much Debt?
Jun 19It's Unlikely That SomnoMed Limited's (ASX:SOM) CEO Will See A Huge Pay Rise This Year
Nov 18SomnoMed (ASX:SOM) Has Debt But No Earnings; Should You Worry?
Sep 27Is SomnoMed (ASX:SOM) Using Debt Sensibly?
May 10Is SomnoMed (ASX:SOM) Using Debt Sensibly?
Oct 26Health Check: How Prudently Does SomnoMed (ASX:SOM) Use Debt?
May 12Could The SomnoMed Limited (ASX:SOM) Ownership Structure Tell Us Something Useful?
Mar 02Have Insiders Been Buying SomnoMed Limited (ASX:SOM) Shares?
Feb 01Is SomnoMed (ASX:SOM) Using Debt In A Risky Way?
Dec 28Is SomnoMed Limited (ASX:SOM) Trading At A 38% Discount?
Dec 01Analysts Just Published A Bright New Outlook For SomnoMed Limited's (ASX:SOM)
Jul 28SomnoMed Limited (ASX:SOM) Insiders Increased Their Holdings
Jul 14Financial Position Analysis
Short Term Liabilities: SOM's short term assets (A$35.1M) exceed its short term liabilities (A$19.9M).
Long Term Liabilities: SOM's short term assets (A$35.1M) exceed its long term liabilities (A$4.8M).
Debt to Equity History and Analysis
Debt Level: SOM has more cash than its total debt.
Reducing Debt: SOM's debt to equity ratio has reduced from 16.9% to 2.3% over the past 5 years.
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: SOM has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: SOM has sufficient cash runway for 1 years if free cash flow continues to reduce at historical rates of 13.2% each year.
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Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
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Company Analysis | 2024/12/22 06:29 |
End of Day Share Price | 2024/12/20 00:00 |
Earnings | 2024/06/30 |
Annual Earnings | 2024/06/30 |
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 * |
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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 here.
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 .
Analyst Sources
SomnoMed Limited is covered by 3 analysts. 1 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 |
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Russell Wright | APP Securities Pty Ltd. |
Peter Meichelboeck | Select Equities Pty Ltd |
Dr Storey | Wilsons Advisory and Stockbroking Ltd. |