Model N Balance Sheet Health
Financial Health criteria checks 5/6
Model N has a total shareholder equity of $124.3M and total debt of $280.8M, which brings its debt-to-equity ratio to 225.8%. Its total assets and total liabilities are $515.2M and $390.8M respectively.
Key information
225.8%
Debt to equity ratio
US$280.78m
Debt
Interest coverage ratio | n/a |
Cash | US$303.38m |
Equity | US$124.34m |
Total liabilities | US$390.83m |
Total assets | US$515.17m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2MD's short term assets ($401.5M) exceed its short term liabilities ($100.3M).
Long Term Liabilities: 2MD's short term assets ($401.5M) exceed its long term liabilities ($290.6M).
Debt to Equity History and Analysis
Debt Level: 2MD has more cash than its total debt.
Reducing Debt: 2MD's debt to equity ratio has increased from 106.9% to 225.8% 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: Whilst unprofitable 2MD has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 2MD is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 35.2% per year.