Catheter Precision Balance Sheet Health
Financial Health criteria checks 3/6
Catheter Precision has a total shareholder equity of $14.3M and total debt of $654.0K, which brings its debt-to-equity ratio to 4.6%. Its total assets and total liabilities are $26.3M and $11.9M respectively.
Key information
4.6%
Debt to equity ratio
US$654.00k
Debt
| Interest coverage ratio | n/a |
| Cash | US$16.00k |
| Equity | US$14.32m |
| Total liabilities | US$11.94m |
| Total assets | US$26.26m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4RM0's short term assets ($388.0K) do not cover its short term liabilities ($3.3M).
Long Term Liabilities: 4RM0's short term assets ($388.0K) do not cover its long term liabilities ($8.6M).
Debt to Equity History and Analysis
Debt Level: 4RM0's net debt to equity ratio (4.5%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 4RM0'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: 4RM0 has sufficient cash runway for 0 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: 4RM0 is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.