Accuray Balance Sheet Health
Financial Health criteria checks 4/6
Accuray has a total shareholder equity of $47.7M and total debt of $174.8M, which brings its debt-to-equity ratio to 366.7%. Its total assets and total liabilities are $476.4M and $428.7M respectively. Accuray's EBIT is $108.0K making its interest coverage ratio 0. It has cash and short-term investments of $72.8M.
Key information
366.7%
Debt to equity ratio
US$174.76m
Debt
Interest coverage ratio | 0.009x |
Cash | US$72.76m |
Equity | US$47.65m |
Total liabilities | US$428.70m |
Total assets | US$476.35m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: XEJ's short term assets ($331.2M) exceed its short term liabilities ($209.3M).
Long Term Liabilities: XEJ's short term assets ($331.2M) exceed its long term liabilities ($219.4M).
Debt to Equity History and Analysis
Debt Level: XEJ's net debt to equity ratio (214.1%) is considered high.
Reducing Debt: XEJ's debt to equity ratio has increased from 296.5% to 366.7% 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: Whilst unprofitable XEJ has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: XEJ is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 8.5% per year.