This company listing is no longer active
Healthcare Triangle Balance Sheet Health
Financial Health criteria checks 2/6
Healthcare Triangle has a total shareholder equity of $9.3M and total debt of $2.9M, which brings its debt-to-equity ratio to 31.7%. Its total assets and total liabilities are $18.9M and $9.6M respectively.
Key information
31.7%
Debt to equity ratio
US$2.95m
Debt
Interest coverage ratio | n/a |
Cash | US$267.00k |
Equity | US$9.30m |
Total liabilities | US$9.56m |
Total assets | US$18.86m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4MR's short term assets ($6.4M) do not cover its short term liabilities ($7.3M).
Long Term Liabilities: 4MR's short term assets ($6.4M) exceed its long term liabilities ($2.2M).
Debt to Equity History and Analysis
Debt Level: 4MR's net debt to equity ratio (28.8%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 4MR's debt to equity ratio has reduced over the past 5 years.
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: 4MR has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 4MR has less than a year of cash runway if free cash flow continues to reduce at historical rates of 55.2% each year