JanOne Balance Sheet Health
Financial Health criteria checks 3/6
JanOne has a total shareholder equity of $11.2M and total debt of $707.0K, which brings its debt-to-equity ratio to 6.3%. Its total assets and total liabilities are $18.5M and $7.3M respectively.
Key information
6.3%
Debt to equity ratio
US$707.00k
Debt
| Interest coverage ratio | n/a |
| Cash | US$5.00k |
| Equity | US$11.20m |
| Total liabilities | US$7.29m |
| Total assets | US$18.49m |
Recent financial health updates
Recent updates
JanOne Inc.'s (NASDAQ:JAN) Share Price Boosted 153% But Its Business Prospects Need A Lift Too
Mar 31
JanOne Inc. (NASDAQ:JAN) Stock Catapults 75% Though Its Price And Business Still Lag The Industry
Feb 14Shareholders May Be A Bit More Conservative With JanOne Inc.'s (NASDAQ:JAN) CEO Compensation For Now
Oct 03JanOne to acquire Soin Therapeutics
Sep 16Does JanOne (NASDAQ:JAN) Have A Healthy Balance Sheet?
Aug 17Health Check: How Prudently Does JanOne (NASDAQ:JAN) Use Debt?
Mar 21Is JanOne (NASDAQ:JAN) Using Debt In A Risky Way?
Nov 19JanOne adds Nicholas Goeders to scientific advisory board
Jun 15JanOne advances toward initiation of mid-stage peripheral artery disease trial
Jun 08JanOne under pressure on pricing $6M stock offering
Jan 29Financial Position Analysis
Short Term Liabilities: JAN's short term assets ($346.0K) do not cover its short term liabilities ($5.9M).
Long Term Liabilities: JAN's short term assets ($346.0K) do not cover its long term liabilities ($1.4M).
Debt to Equity History and Analysis
Debt Level: JAN's net debt to equity ratio (6.3%) is considered satisfactory.
Reducing Debt: JAN's debt to equity ratio has increased from 0.1% to 6.3% 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: Whilst unprofitable JAN has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: JAN is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 26.7% per year.