Accuray Balance Sheet Health
Financial Health criteria checks 5/6
Accuray has a total shareholder equity of $45.2M and total debt of $170.2M, which brings its debt-to-equity ratio to 376.4%. Its total assets and total liabilities are $473.1M and $427.9M respectively.
Key information
376.4%
Debt to equity ratio
US$170.24m
Debt
| Interest coverage ratio | n/a |
| Cash | US$59.21m |
| Equity | US$45.22m |
| Total liabilities | US$427.86m |
| Total assets | US$473.08m |
Recent financial health updates
Health Check: How Prudently Does Accuray (NASDAQ:ARAY) Use Debt?
Dec 19
Is Accuray (NASDAQ:ARAY) A Risky Investment?
Feb 03These 4 Measures Indicate That Accuray (NASDAQ:ARAY) Is Using Debt Extensively
Apr 13Accuray (NASDAQ:ARAY) Takes On Some Risk With Its Use Of Debt
Dec 01Here's Why Accuray (NASDAQ:ARAY) Has A Meaningful Debt Burden
Jul 08Recent updates
Health Check: How Prudently Does Accuray (NASDAQ:ARAY) Use Debt?
Dec 19Accuray Incorporated: Cheap, But With Caveats
Dec 05Accuray Remains A Perpetual 'Next Year Is Our Year' Story
Aug 18Accuray Incorporated's (NASDAQ:ARAY) 28% Dip In Price Shows Sentiment Is Matching Revenues
Aug 13Lacklustre Performance Is Driving Accuray Incorporated's (NASDAQ:ARAY) 25% Price Drop
May 21Analysts Have Lowered Expectations For Accuray Incorporated (NASDAQ:ARAY) After Its Latest Results
May 04Are Investors Undervaluing Accuray Incorporated (NASDAQ:ARAY) By 25%?
May 03Accuray Getting Very Little Love Ahead Of A Coming Revenue Ramp
Apr 07Is Accuray (NASDAQ:ARAY) A Risky Investment?
Feb 03Why Investors Shouldn't Be Surprised By Accuray Incorporated's (NASDAQ:ARAY) 26% Share Price Plunge
Aug 17These 4 Measures Indicate That Accuray (NASDAQ:ARAY) Is Using Debt Extensively
Apr 13The Return Trends At Accuray (NASDAQ:ARAY) Look Promising
Mar 14Accuray (NASDAQ:ARAY) Takes On Some Risk With Its Use Of Debt
Dec 01Accuray (NASDAQ:ARAY) Is Doing The Right Things To Multiply Its Share Price
Oct 27Accuray launches CyberKnife platform in Africa for cancer patients
Sep 30Accuray GAAP EPS of -$0.04 beats by $0.03, revenue of $110.02M beats by $4.7M
Aug 10Here's Why Accuray (NASDAQ:ARAY) Has A Meaningful Debt Burden
Jul 08Accuray (NASDAQ:ARAY) Might Have The Makings Of A Multi-Bagger
Jun 15Accuray: Nothing Special
May 31Financial Position Analysis
Short Term Liabilities: ARAY's short term assets ($329.5M) exceed its short term liabilities ($201.8M).
Long Term Liabilities: ARAY's short term assets ($329.5M) exceed its long term liabilities ($226.0M).
Debt to Equity History and Analysis
Debt Level: ARAY's net debt to equity ratio (245.5%) is considered high.
Reducing Debt: ARAY's debt to equity ratio has reduced from 460% to 376.4% 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: ARAY has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: ARAY has sufficient cash runway for 1.4 years if free cash flow continues to reduce at historical rates of 1% each year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 10:02 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Accuray Incorporated is covered by 24 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jason Wittes | Aegis Capital Corporation |
| Jason Wittes | Brean Capital |
| Neil Chatterji | B. Riley Securities, Inc. |