electroCore Balance Sheet Health
Financial Health criteria checks 6/6
electroCore has a total shareholder equity of $11.8M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $18.3M and $6.5M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$11.91m |
Equity | US$11.85m |
Total liabilities | US$6.45m |
Total assets | US$18.30m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 43E0's short term assets ($15.4M) exceed its short term liabilities ($5.8M).
Long Term Liabilities: 43E0's short term assets ($15.4M) exceed its long term liabilities ($605.0K).
Debt to Equity History and Analysis
Debt Level: 43E0 is debt free.
Reducing Debt: 43E0 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: 43E0 has sufficient cash runway for 8 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: 43E0 is forecast to have sufficient cash runway for 9 months based on free cash flow estimates, but has since raised additional capital.