MedAvail Holdings Balance Sheet Health
Financial Health criteria checks 3/6
MedAvail Holdings has a total shareholder equity of $23.0M and total debt of $1.5M, which brings its debt-to-equity ratio to 6.5%. Its total assets and total liabilities are $29.9M and $6.9M respectively.
Key information
6.5%
Debt to equity ratio
US$1.51m
Debt
Interest coverage ratio | n/a |
Cash | US$14.36m |
Equity | US$23.05m |
Total liabilities | US$6.86m |
Total assets | US$29.91m |
Recent financial health updates
Recent updates
Slammed 31% MedAvail Holdings, Inc. (NASDAQ:MDVL) Screens Well Here But There Might Be A Catch
Aug 17MedAvail Holdings: More Stock Dilution Seems Inevitable And I'm Bearish
Aug 02Some Analysts Just Cut Their MedAvail Holdings, Inc (NASDAQ:MDVL) Estimates
Aug 17Calculating The Intrinsic Value Of MedAvail Holdings, Inc (NASDAQ:MDVL)
May 24Is There An Opportunity With MedAvail Holdings, Inc's (NASDAQ:MDVL) 32% Undervaluation?
Feb 20Financial Position Analysis
Short Term Liabilities: MDVL's short term assets ($27.0M) exceed its short term liabilities ($4.2M).
Long Term Liabilities: MDVL's short term assets ($27.0M) exceed its long term liabilities ($2.7M).
Debt to Equity History and Analysis
Debt Level: MDVL has more cash than its total debt.
Reducing Debt: Insufficient data to determine if MDVL'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: MDVL has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: MDVL has less than a year of cash runway if free cash flow continues to reduce at historical rates of 24.4% each year