LungLife AI Balance Sheet Health
Financial Health criteria checks 6/6
LungLife AI has a total shareholder equity of $7.9M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $9.5M and $1.6M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$2.83m |
Equity | US$7.91m |
Total liabilities | US$1.61m |
Total assets | US$9.52m |
Recent financial health updates
We Think LungLife AI (LON:LLAI) Needs To Drive Business Growth Carefully
Dec 08We Think LungLife AI (LON:LLAI) Needs To Drive Business Growth Carefully
Aug 12Here's Why LungLife AI (LON:LLAI) Must Use Its Cash Wisely
Feb 09Here's Why We're A Bit Worried About LungLife AI's (LON:LLAI) Cash Burn Situation
Oct 08Recent updates
We Think LungLife AI (LON:LLAI) Needs To Drive Business Growth Carefully
Dec 08We Think LungLife AI (LON:LLAI) Needs To Drive Business Growth Carefully
Aug 12Here's Why LungLife AI (LON:LLAI) Must Use Its Cash Wisely
Feb 09Here's Why We're A Bit Worried About LungLife AI's (LON:LLAI) Cash Burn Situation
Oct 08Financial Position Analysis
Short Term Liabilities: LLAI's short term assets ($3.3M) exceed its short term liabilities ($1.4M).
Long Term Liabilities: LLAI's short term assets ($3.3M) exceed its long term liabilities ($163.0K).
Debt to Equity History and Analysis
Debt Level: LLAI is debt free.
Reducing Debt: LLAI 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: LLAI has sufficient cash runway for 7 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: LLAI is forecast to have sufficient cash runway for 9 months based on free cash flow estimates, but has since raised additional capital.