CV Sciences Balance Sheet Health
Financial Health criteria checks 5/6
CV Sciences has a total shareholder equity of $2.4M and total debt of $117.0K, which brings its debt-to-equity ratio to 5%. Its total assets and total liabilities are $8.5M and $6.1M respectively.
Key information
5.0%
Debt to equity ratio
US$117.00k
Debt
Interest coverage ratio | n/a |
Cash | US$662.00k |
Equity | US$2.36m |
Total liabilities | US$6.10m |
Total assets | US$8.47m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0HRT's short term assets ($7.4M) exceed its short term liabilities ($6.0M).
Long Term Liabilities: 0HRT's short term assets ($7.4M) exceed its long term liabilities ($145.0K).
Debt to Equity History and Analysis
Debt Level: 0HRT has more cash than its total debt.
Reducing Debt: 0HRT's debt to equity ratio has increased from 0.9% to 5% 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 0HRT has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 0HRT is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 24.2% per year.