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.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$27.20m |
| Equity | CA$21.30m |
| Total liabilities | CA$8.44m |
| Total assets | CA$29.74m |
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.
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: 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