Cipia Vision Balance Sheet Health
Financial Health criteria checks 5/6
Cipia Vision has a total shareholder equity of $3.6M and total debt of $2.1M, which brings its debt-to-equity ratio to 57.8%. Its total assets and total liabilities are $9.8M and $6.1M respectively.
Key information
57.8%
Debt to equity ratio
US$2.09m
Debt
| Interest coverage ratio | n/a |
| Cash | US$2.80m |
| Equity | US$3.62m |
| Total liabilities | US$6.15m |
| Total assets | US$9.76m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CPIA's short term assets ($7.6M) exceed its short term liabilities ($4.3M).
Long Term Liabilities: CPIA's short term assets ($7.6M) exceed its long term liabilities ($1.9M).
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 4 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 4 months based on free cash flow estimates, but has since raised additional capital.