Avinger Balance Sheet Health
Financial Health criteria checks 3/6
Avinger has a total shareholder equity of $3.9M and total debt of $4.2M, which brings its debt-to-equity ratio to 107.6%. Its total assets and total liabilities are $13.6M and $9.7M respectively.
Key information
107.6%
Debt to equity ratio
US$4.17m
Debt
| Interest coverage ratio | n/a |
| Cash | US$5.90m |
| Equity | US$3.88m |
| Total liabilities | US$9.73m |
| Total assets | US$13.60m |
Recent financial health updates
Is Avinger (NASDAQ:AVGR) Using Debt Sensibly?
Nov 25
Is Avinger (NASDAQ:AVGR) A Risky Investment?
Jun 30Recent updates
Avinger GAAP EPS of -$0.94 beats by $0.15, revenue of $2.13M misses by $0.25M
Aug 11Is Avinger (NASDAQ:AVGR) Using Debt Sensibly?
Nov 25Is Avinger (NASDAQ:AVGR) A Risky Investment?
Jun 30Avinger shares fall after Q1 results fail to impress Wall Street
May 07Does Avinger (NASDAQ:AVGR) Have A Healthy Balance Sheet?
Jan 21
Avinger 'Hot Penny Stock to buy' - Robinhood
Jan 08Financial Position Analysis
Short Term Liabilities: AVGR's short term assets ($11.5M) exceed its short term liabilities ($9.5M).
Long Term Liabilities: AVGR's short term assets ($11.5M) exceed its long term liabilities ($223.0K).
Debt to Equity History and Analysis
Debt Level: AVGR has more cash than its total debt.
Reducing Debt: AVGR's debt to equity ratio has increased from 98% to 107.6% 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: AVGR has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: AVGR has less than a year of cash runway if free cash flow continues to grow at historical rates of 3.5% each year.