ViewRay Balance Sheet Health
Financial Health criteria checks 3/6
ViewRay has a total shareholder equity of $55.3M and total debt of $77.8M, which brings its debt-to-equity ratio to 140.7%. Its total assets and total liabilities are $233.2M and $177.9M respectively.
Key information
140.7%
Debt to equity ratio
US$77.76m
Debt
Interest coverage ratio | n/a |
Cash | US$81.29m |
Equity | US$55.26m |
Total liabilities | US$177.90m |
Total assets | US$233.16m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6L9's short term assets ($193.6M) exceed its short term liabilities ($166.8M).
Long Term Liabilities: 6L9's short term assets ($193.6M) exceed its long term liabilities ($11.1M).
Debt to Equity History and Analysis
Debt Level: 6L9 has more cash than its total debt.
Reducing Debt: 6L9's debt to equity ratio has increased from 77.3% to 140.7% 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: 6L9 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 6L9 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 2% each year