Guardion Health Sciences Balance Sheet Health
Financial Health criteria checks 6/6
Guardion Health Sciences has a total shareholder equity of $26.5M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $28.2M and $1.7M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$12.95m |
| Equity | US$26.49m |
| Total liabilities | US$1.73m |
| Total assets | US$28.23m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0QTA's short term assets ($17.8M) exceed its short term liabilities ($1.7M).
Long Term Liabilities: 0QTA has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 0QTA is debt free.
Reducing Debt: 0QTA has no debt compared to 5 years ago when its debt to equity ratio was 7.9%.
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: 0QTA has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 0QTA has sufficient cash runway for 1.7 years if free cash flow continues to reduce at historical rates of 26% each year.