enVVeno Medical Balance Sheet Health
Financial Health criteria checks 6/6
enVVeno Medical has a total shareholder equity of $47.4M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $50.4M and $3.0M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$48.38m |
| Equity | US$47.37m |
| Total liabilities | US$3.02m |
| Total assets | US$50.39m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5HJ's short term assets ($49.1M) exceed its short term liabilities ($2.2M).
Long Term Liabilities: 5HJ's short term assets ($49.1M) exceed its long term liabilities ($791.0K).
Debt to Equity History and Analysis
Debt Level: 5HJ is debt free.
Reducing Debt: 5HJ 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: 5HJ has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 5HJ has sufficient cash runway for 2.8 years if free cash flow continues to reduce at historical rates of 21.6% each year.