Cipia Vision Balance Sheet Health
Financial Health criteria checks 5/6
Cipia Vision has a total shareholder equity of $7.1M and total debt of $487.0K, which brings its debt-to-equity ratio to 6.8%. Its total assets and total liabilities are $11.9M and $4.7M respectively.
Key information
6.8%
Debt to equity ratio
US$487.00k
Debt
Interest coverage ratio | n/a |
Cash | US$5.85m |
Equity | US$7.13m |
Total liabilities | US$4.75m |
Total assets | US$11.87m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CPIA's short term assets ($9.9M) exceed its short term liabilities ($3.6M).
Long Term Liabilities: CPIA's short term assets ($9.9M) exceed its long term liabilities ($1.1M).
Debt to Equity History and Analysis
Debt Level: CPIA has more cash than its total debt.
Reducing Debt: Insufficient data to determine if CPIA's debt to equity ratio has reduced 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: CPIA has sufficient cash runway for 8 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: CPIA is forecast to have sufficient cash runway for 8 months based on free cash flow estimates, but has since raised additional capital.