EMVision Medical Devices Balance Sheet Health
Financial Health criteria checks 5/6
EMVision Medical Devices has a total shareholder equity of A$5.7M and total debt of A$2.5M, which brings its debt-to-equity ratio to 44.5%. Its total assets and total liabilities are A$11.2M and A$5.5M respectively.
Key information
44.5%
Debt to equity ratio
AU$2.54m
Debt
Interest coverage ratio | n/a |
Cash | AU$8.48m |
Equity | AU$5.71m |
Total liabilities | AU$5.53m |
Total assets | AU$11.24m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EMV's short term assets (A$10.1M) exceed its short term liabilities (A$5.3M).
Long Term Liabilities: EMV's short term assets (A$10.1M) exceed its long term liabilities (A$246.5K).
Debt to Equity History and Analysis
Debt Level: EMV has more cash than its total debt.
Reducing Debt: EMV's debt to equity ratio has increased from 0% to 44.5% 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: EMV has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: EMV has sufficient cash runway for 2.3 years if free cash flow continues to reduce at historical rates of 4.8% each year.