CVD Equipment Balance Sheet Health
Financial Health criteria checks 4/6
CVD Equipment has a total shareholder equity of $26.2M and total debt of $349.0K, which brings its debt-to-equity ratio to 1.3%. Its total assets and total liabilities are $35.0M and $8.8M respectively.
Key information
1.3%
Debt to equity ratio
US$349.00k
Debt
Interest coverage ratio | n/a |
Cash | US$14.03m |
Equity | US$26.20m |
Total liabilities | US$8.82m |
Total assets | US$35.03m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0V3's short term assets ($22.8M) exceed its short term liabilities ($8.6M).
Long Term Liabilities: 0V3's short term assets ($22.8M) exceed its long term liabilities ($268.0K).
Debt to Equity History and Analysis
Debt Level: 0V3 has more cash than its total debt.
Reducing Debt: 0V3's debt to equity ratio has reduced from 36.1% to 1.3% over the past 5 years.
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: Insufficient data to determine if 0V3 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 0V3 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.