Apyx Medical Balance Sheet Health
Financial Health criteria checks 5/6
Apyx Medical has a total shareholder equity of $26.9M and total debt of $33.2M, which brings its debt-to-equity ratio to 123.3%. Its total assets and total liabilities are $79.2M and $52.3M respectively.
Key information
123.3%
Debt to equity ratio
US$33.19m
Debt
Interest coverage ratio | n/a |
Cash | US$43.65m |
Equity | US$26.92m |
Total liabilities | US$52.32m |
Total assets | US$79.24m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BOV's short term assets ($70.4M) exceed its short term liabilities ($12.7M).
Long Term Liabilities: BOV's short term assets ($70.4M) exceed its long term liabilities ($39.6M).
Debt to Equity History and Analysis
Debt Level: BOV has more cash than its total debt.
Reducing Debt: BOV's debt to equity ratio has increased from 0.2% to 123.3% 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: BOV has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: BOV has sufficient cash runway for 1.6 years if free cash flow continues to reduce at historical rates of 0.5% each year.