Spectra7 Microsystems Balance Sheet Health
Financial Health criteria checks 4/6
Spectra7 Microsystems has a total shareholder equity of $9.3M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $12.3M and $3.0M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$5.38m |
| Equity | US$9.35m |
| Total liabilities | US$2.98m |
| Total assets | US$12.32m |
Recent financial health updates
We Think Spectra7 Microsystems (CVE:SEV) Has A Fair Chunk Of Debt
Nov 09
Does Spectra7 Microsystems (CVE:SEV) Have A Healthy Balance Sheet?
Mar 16Recent updates
Spectra7 Microsystems Inc.'s (CVE:SEV) Shares Leap 100% Yet They're Still Not Telling The Full Story
Feb 15Not Many Are Piling Into Spectra7 Microsystems Inc. (CVE:SEV) Stock Yet As It Plummets 37%
Jan 01We Think Spectra7 Microsystems (CVE:SEV) Has A Fair Chunk Of Debt
Nov 09Investors Holding Back On Spectra7 Microsystems Inc. (CVE:SEV)
Aug 02Does Spectra7 Microsystems (CVE:SEV) Have A Healthy Balance Sheet?
Mar 16Financial Position Analysis
Short Term Liabilities: SEV's short term assets ($11.6M) exceed its short term liabilities ($3.0M).
Long Term Liabilities: SEV has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: SEV is debt free.
Reducing Debt: SEV currently has no debt however we can't compare to 5 years ago as we have no data for that period.
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: SEV has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: SEV has less than a year of cash runway if free cash flow continues to grow at historical rates of 2.8% each year.