CVD Equipment Balance Sheet Health
Financial Health criteria checks 6/6
CVD Equipment has a total shareholder equity of $25.0M and total debt of $288.0K, which brings its debt-to-equity ratio to 1.2%. Its total assets and total liabilities are $31.8M and $6.9M respectively.
Key information
1.2%
Debt to equity ratio
US$288.00k
Debt
| Interest coverage ratio | n/a |
| Cash | US$10.01m |
| Equity | US$24.97m |
| Total liabilities | US$6.87m |
| Total assets | US$31.85m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0V3's short term assets ($19.9M) exceed its short term liabilities ($6.7M).
Long Term Liabilities: 0V3's short term assets ($19.9M) exceed its long term liabilities ($203.0K).
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 36.8% to 1.2% 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: 0V3 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 0V3 has sufficient cash runway for 2.1 years if free cash flow continues to grow at historical rates of 21.5% each year.