SofWave Medical Balance Sheet Health
Financial Health criteria checks 6/6
SofWave Medical has a total shareholder equity of $24.3M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $39.5M and $15.2M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$21.25m |
| Equity | US$24.27m |
| Total liabilities | US$15.19m |
| Total assets | US$39.46m |
Recent financial health updates
We're Not Worried About SofWave Medical's (TLV:SOFW) Cash Burn
Nov 13
Here's Why We're Not Too Worried About SofWave Medical's (TLV:SOFW) Cash Burn Situation
May 05Here's Why We're Not Too Worried About SofWave Medical's (TLV:SOFW) Cash Burn Situation
Dec 22Is SofWave Medical (TLV:SOFW) In A Good Position To Invest In Growth?
Aug 25Recent updates
Investors Aren't Entirely Convinced By SofWave Medical Ltd.'s (TLV:SOFW) Revenues
Nov 15We Think Some Shareholders May Hesitate To Increase SofWave Medical Ltd.'s (TLV:SOFW) CEO Compensation
Sep 11SofWave Medical Ltd. (TLV:SOFW) Screens Well But There Might Be A Catch
May 02Even With A 27% Surge, Cautious Investors Are Not Rewarding SofWave Medical Ltd.'s (TLV:SOFW) Performance Completely
Jan 31A Piece Of The Puzzle Missing From SofWave Medical Ltd.'s (TLV:SOFW) 31% Share Price Climb
Nov 17We're Not Worried About SofWave Medical's (TLV:SOFW) Cash Burn
Nov 13Here's Why We're Not Too Worried About SofWave Medical's (TLV:SOFW) Cash Burn Situation
May 05Here's Why We're Not Too Worried About SofWave Medical's (TLV:SOFW) Cash Burn Situation
Dec 22Is SofWave Medical (TLV:SOFW) In A Good Position To Invest In Growth?
Aug 25Financial Position Analysis
Short Term Liabilities: SOFW's short term assets ($35.2M) exceed its short term liabilities ($14.5M).
Long Term Liabilities: SOFW's short term assets ($35.2M) exceed its long term liabilities ($661.0K).
Debt to Equity History and Analysis
Debt Level: SOFW is debt free.
Reducing Debt: SOFW 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: SOFW has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: SOFW has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 6.7% each year