Cardiff Oncology Balance Sheet Health
Financial Health criteria checks 6/6
Cardiff Oncology has a total shareholder equity of $60.9M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $74.0M and $13.1M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$67.19m |
Equity | US$60.89m |
Total liabilities | US$13.14m |
Total assets | US$74.04m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: XE7C's short term assets ($70.0M) exceed its short term liabilities ($11.8M).
Long Term Liabilities: XE7C's short term assets ($70.0M) exceed its long term liabilities ($1.3M).
Debt to Equity History and Analysis
Debt Level: XE7C is debt free.
Reducing Debt: XE7C 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: XE7C has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: XE7C has sufficient cash runway for 1.2 years if free cash flow continues to reduce at historical rates of 18.7% each year.