CareDx Balance Sheet Health
Financial Health criteria checks 6/6
CareDx has a total shareholder equity of $261.3M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $466.8M and $205.5M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$235.42m |
Equity | US$261.33m |
Total liabilities | US$205.50m |
Total assets | US$466.83m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1K9's short term assets ($313.7M) exceed its short term liabilities ($78.1M).
Long Term Liabilities: 1K9's short term assets ($313.7M) exceed its long term liabilities ($127.4M).
Debt to Equity History and Analysis
Debt Level: 1K9 is debt free.
Reducing Debt: 1K9 had no debt 5 years ago.
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: 1K9 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 1K9 has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 22.9% each year