Rockwell Medical Balance Sheet Health
Financial Health criteria checks 5/6
Rockwell Medical has a total shareholder equity of $21.3M and total debt of $8.5M, which brings its debt-to-equity ratio to 40.1%. Its total assets and total liabilities are $52.2M and $30.9M respectively.
Key information
40.1%
Debt to equity ratio
US$8.54m
Debt
Interest coverage ratio | n/a |
Cash | US$10.94m |
Equity | US$21.29m |
Total liabilities | US$30.88m |
Total assets | US$52.17m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RWMA's short term assets ($28.8M) exceed its short term liabilities ($16.6M).
Long Term Liabilities: RWMA's short term assets ($28.8M) exceed its long term liabilities ($14.2M).
Debt to Equity History and Analysis
Debt Level: RWMA has more cash than its total debt.
Reducing Debt: RWMA's debt to equity ratio has increased from 0% to 40.1% 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: RWMA has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: RWMA has sufficient cash runway for 1.1 years if free cash flow continues to grow at historical rates of 6.2% each year.