Check-Cap Balance Sheet Health
Financial Health criteria checks 6/6
Check-Cap has a total shareholder equity of $27.4M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $29.0M and $1.6M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$28.07m |
Equity | US$27.40m |
Total liabilities | US$1.64m |
Total assets | US$29.03m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7CC's short term assets ($28.8M) exceed its short term liabilities ($1.6M).
Long Term Liabilities: 7CC has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 7CC is debt free.
Reducing Debt: 7CC has not had any debt for 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: 7CC has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 7CC has sufficient cash runway for 1.5 years if free cash flow continues to reduce at historical rates of 13.9% each year.