Itaconix Balance Sheet Health
Financial Health criteria checks 6/6
Itaconix has a total shareholder equity of $11.2M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $15.1M and $3.9M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$8.75m |
Equity | US$11.22m |
Total liabilities | US$3.91m |
Total assets | US$15.14m |
Recent financial health updates
Itaconix (LON:ITX) Is In A Good Position To Deliver On Growth Plans
Jul 31Companies Like Itaconix (LON:ITX) Are In A Position To Invest In Growth
Feb 28We're Hopeful That Itaconix (LON:ITX) Will Use Its Cash Wisely
Sep 23Companies Like Itaconix (LON:ITX) Are In A Position To Invest In Growth
Oct 27Is Itaconix (LON:ITX) In A Good Position To Deliver On Growth Plans?
Mar 30Recent updates
Itaconix (LON:ITX) Is In A Good Position To Deliver On Growth Plans
Jul 31Companies Like Itaconix (LON:ITX) Are In A Position To Invest In Growth
Feb 28We're Hopeful That Itaconix (LON:ITX) Will Use Its Cash Wisely
Sep 23Companies Like Itaconix (LON:ITX) Are In A Position To Invest In Growth
Oct 27Is Itaconix (LON:ITX) In A Good Position To Deliver On Growth Plans?
Mar 30Financial Position Analysis
Short Term Liabilities: ITX's short term assets ($11.3M) exceed its short term liabilities ($2.0M).
Long Term Liabilities: ITX's short term assets ($11.3M) exceed its long term liabilities ($2.0M).
Debt to Equity History and Analysis
Debt Level: ITX is debt free.
Reducing Debt: ITX had no debt 5 years ago.
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: ITX has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: ITX has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 35.1% each year