Vuzix Balance Sheet Health
Financial Health criteria checks 6/6
Vuzix has a total shareholder equity of $35.4M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $38.2M and $2.8M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$9.88m |
| Equity | US$35.41m |
| Total liabilities | US$2.83m |
| Total assets | US$38.23m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0LRL's short term assets ($24.7M) exceed its short term liabilities ($2.6M).
Long Term Liabilities: 0LRL's short term assets ($24.7M) exceed its long term liabilities ($240.6K).
Debt to Equity History and Analysis
Debt Level: 0LRL is debt free.
Reducing Debt: 0LRL 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: 0LRL has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: 0LRL is forecast to have sufficient cash runway for 6 months based on free cash flow estimates, but has since raised additional capital.