Check-Cap Balance Sheet Health
Financial Health criteria checks 4/6
Check-Cap has a total shareholder equity of $23.7M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $25.0M and $1.3M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$24.77m |
| Equity | US$23.69m |
| Total liabilities | US$1.33m |
| Total assets | US$25.02m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7CC's short term assets ($24.9M) exceed its short term liabilities ($1.3M).
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: Insufficient data to determine if 7CC has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 7CC has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.