eMagin Balance Sheet Health
Financial Health criteria checks 2/6
eMagin has a total shareholder equity of $11.7M and total debt of $5.0M, which brings its debt-to-equity ratio to 43.2%. Its total assets and total liabilities are $73.2M and $61.5M respectively.
Key information
43.2%
Debt to equity ratio
US$5.04m
Debt
Interest coverage ratio | n/a |
Cash | US$3.26m |
Equity | US$11.66m |
Total liabilities | US$61.53m |
Total assets | US$73.18m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EMGA's short term assets ($20.6M) exceed its short term liabilities ($10.0M).
Long Term Liabilities: EMGA's short term assets ($20.6M) do not cover its long term liabilities ($51.5M).
Debt to Equity History and Analysis
Debt Level: EMGA's net debt to equity ratio (15.2%) is considered satisfactory.
Reducing Debt: EMGA's debt to equity ratio has increased from 0% to 43.2% 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: EMGA has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: EMGA has less than a year of cash runway if free cash flow continues to grow at historical rates of 5.6% each year.