GeoVax Labs Balance Sheet Health
Financial Health criteria checks 4/6
GeoVax Labs has a total shareholder equity of $5.8M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $9.3M and $3.5M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$6.45m |
Equity | US$5.76m |
Total liabilities | US$3.52m |
Total assets | US$9.28m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: E8LA's short term assets ($7.9M) exceed its short term liabilities ($3.5M).
Long Term Liabilities: E8LA has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: E8LA is debt free.
Reducing Debt: E8LA currently has no debt however we can't compare to 5 years ago as we have no data for that period.
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: E8LA has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: E8LA has less than a year of cash runway if free cash flow continues to reduce at historical rates of 50.2% each year