This company has been acquired
Reunion Neuroscience Balance Sheet Health
Financial Health criteria checks 4/6
Reunion Neuroscience has a total shareholder equity of CA$21.3M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$29.7M and CA$8.4M respectively.
Debt to equity ratio
|Interest coverage ratio||n/a|
Recent financial health updates
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Financial Position Analysis
Short Term Liabilities: REUN's short term assets (CA$29.7M) exceed its short term liabilities (CA$8.4M).
Long Term Liabilities: REUN has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: REUN is debt free.
Reducing Debt: REUN had no debt 5 years ago.
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: REUN has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: REUN has less than a year of cash runway if free cash flow continues to reduce at historical rates of 48.9% each year