Silk Road Medical Balance Sheet Health
Financial Health criteria checks 6/6
Silk Road Medical has a total shareholder equity of $153.1M and total debt of $75.4M, which brings its debt-to-equity ratio to 49.2%. Its total assets and total liabilities are $260.9M and $107.7M respectively.
Key information
49.2%
Debt to equity ratio
US$75.36m
Debt
Interest coverage ratio | n/a |
Cash | US$192.86m |
Equity | US$153.14m |
Total liabilities | US$107.72m |
Total assets | US$260.86m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2OW's short term assets ($241.0M) exceed its short term liabilities ($24.0M).
Long Term Liabilities: 2OW's short term assets ($241.0M) exceed its long term liabilities ($83.7M).
Debt to Equity History and Analysis
Debt Level: 2OW has more cash than its total debt.
Reducing Debt: 2OW had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: 2OW has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 2OW has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 6.4% each year