Spectra7 Microsystems Balance Sheet Health
Financial Health criteria checks 6/6
Spectra7 Microsystems has a total shareholder equity of $3.9M and total debt of $5.6M, which brings its debt-to-equity ratio to 143.5%. Its total assets and total liabilities are $11.5M and $7.6M respectively.
Key information
143.5%
Debt to equity ratio
US$5.61m
Debt
| Interest coverage ratio | n/a |
| Cash | US$4.38m |
| Equity | US$3.91m |
| Total liabilities | US$7.61m |
| Total assets | US$11.52m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7M0A's short term assets ($10.9M) exceed its short term liabilities ($2.0M).
Long Term Liabilities: 7M0A's short term assets ($10.9M) exceed its long term liabilities ($5.6M).
Debt to Equity History and Analysis
Debt Level: 7M0A's net debt to equity ratio (31.4%) is considered satisfactory.
Reducing Debt: 7M0A had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: 7M0A has sufficient cash runway for 11 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: 7M0A is forecast to have sufficient cash runway for 8 months based on free cash flow estimates, but has since raised additional capital.