Acutus Medical Balance Sheet Health
Financial Health criteria checks 0/6
Acutus Medical has a total shareholder equity of $-879.0K and total debt of $34.5M, which brings its debt-to-equity ratio to -3927%. Its total assets and total liabilities are $54.0M and $54.8M respectively.
Key information
-3,927.0%
Debt to equity ratio
US$34.52m
Debt
| Interest coverage ratio | n/a |
| Cash | US$22.40m |
| Equity | -US$879.00k |
| Total liabilities | US$54.84m |
| Total assets | US$53.96m |
Recent financial health updates
Recent updates
Investors Give Acutus Medical, Inc. (NASDAQ:AFIB) Shares A 29% Hiding
Feb 24
Market Cool On Acutus Medical, Inc.'s (NASDAQ:AFIB) Revenues Pushing Shares 43% Lower
Dec 20Take Care Before Diving Into The Deep End On Acutus Medical, Inc. (NASDAQ:AFIB)
Jul 18Acutus files for FDA approval of catheter ablation system AcQBlate
Oct 18Acutus Medical Non-GAAP EPS of -$0.93 misses by $0.17, revenue of $4.1M beats by $0.13M
Aug 11Acutus Medical sees Q2 revenue above consensus estimate
Jul 21Acutus Medical, Inc. (NASDAQ:AFIB) Analysts Just Trimmed Their Revenue Forecasts By 25%
Apr 06Acutus Medical: A Name To Slowly Accumulate
Sep 04Acutus Medical, Inc.: Paradigm-Shifting Technology At A Shocking Price
Jul 21Acutus Medical cleared to start atrial fibrillation IDE trial
May 27Analysts Have Been Trimming Their Acutus Medical, Inc. (NASDAQ:AFIB) Price Target After Its Latest Report
May 15Financial Position Analysis
Short Term Liabilities: AFIB has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: AFIB has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: AFIB has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: AFIB's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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: AFIB has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: AFIB has less than a year of cash runway if free cash flow continues to reduce at historical rates of 1.5% each year