AirSculpt Technologies Balance Sheet Health
Financial Health criteria checks 2/6
AirSculpt Technologies has a total shareholder equity of $84.0M and total debt of $71.6M, which brings its debt-to-equity ratio to 85.3%. Its total assets and total liabilities are $204.0M and $120.0M respectively. AirSculpt Technologies's EBIT is $9.3M making its interest coverage ratio 1.4. It has cash and short-term investments of $10.3M.
Key information
85.3%
Debt to equity ratio
US$71.63m
Debt
| Interest coverage ratio | 1.4x |
| Cash | US$10.26m |
| Equity | US$83.99m |
| Total liabilities | US$120.03m |
| Total assets | US$204.02m |
Recent financial health updates
Recent updates
There's Been No Shortage Of Growth Recently For AirSculpt Technologies' (NASDAQ:AIRS) Returns On Capital
Apr 04
Here's Why AirSculpt Technologies (NASDAQ:AIRS) Can Manage Its Debt Responsibly
Feb 23AirSculpt Technologies, Inc. (NASDAQ:AIRS) Stocks Shoot Up 31% But Its P/S Still Looks Reasonable
Dec 14US$8.19: That's What Analysts Think AirSculpt Technologies, Inc. (NASDAQ:AIRS) Is Worth After Its Latest Results
Nov 12Be Wary Of AirSculpt Technologies (NASDAQ:AIRS) And Its Returns On Capital
Sep 20Capital Allocation Trends At AirSculpt Technologies (NASDAQ:AIRS) Aren't Ideal
Oct 29AirSculpt Technologies: Niche Offering Offset By Profitability, Valuation
Aug 27AirSculpt Technologies reports Q2 earnings beat; reaffirms FY22 guidance
Aug 12Financial Position Analysis
Short Term Liabilities: AIRS's short term assets ($16.0M) do not cover its short term liabilities ($20.3M).
Long Term Liabilities: AIRS's short term assets ($16.0M) do not cover its long term liabilities ($99.7M).
Debt to Equity History and Analysis
Debt Level: AIRS's net debt to equity ratio (73.1%) is considered high.
Reducing Debt: Insufficient data to determine if AIRS'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: Whilst unprofitable AIRS has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: AIRS is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 2.3% per year.