Amesite Balance Sheet Health
Financial Health criteria checks 6/6
Amesite has a total shareholder equity of $7.0M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $7.3M and $311.2K respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$6.13m |
| Equity | US$6.96m |
| Total liabilities | US$311.17k |
| Total assets | US$7.27m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VDE0's short term assets ($6.3M) exceed its short term liabilities ($311.2K).
Long Term Liabilities: VDE0 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: VDE0 is debt free.
Reducing Debt: VDE0 has no debt compared to 5 years ago when its debt to equity ratio was 0.7%.
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: VDE0 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: VDE0 has sufficient cash runway for 1.2 years if free cash flow continues to reduce at historical rates of 26.1% each year.