Trellus Health Balance Sheet Health
Financial Health criteria checks 6/6
Trellus Health has a total shareholder equity of $19.5M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $20.3M and $786.0K respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$12.17m |
Equity | US$19.50m |
Total liabilities | US$786.00k |
Total assets | US$20.29m |
Financial Position Analysis
Short Term Liabilities: TRLS's short term assets ($12.3M) exceed its short term liabilities ($786.0K).
Long Term Liabilities: TRLS has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: TRLS is debt free.
Reducing Debt: TRLS has not had any debt for 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: TRLS has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: TRLS has sufficient cash runway for 1.5 years if free cash flow continues to reduce at historical rates of 12.3% each year.