Axonics Balance Sheet Health
Financial Health criteria checks 6/6
Axonics has a total shareholder equity of $643.3M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $747.3M and $104.0M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$343.41m |
| Equity | US$643.32m |
| Total liabilities | US$104.02m |
| Total assets | US$747.34m |
Recent financial health updates
Here's Why We're Not At All Concerned With Axonics' (NASDAQ:AXNX) Cash Burn Situation
Feb 28
Companies Like Axonics (NASDAQ:AXNX) Can Afford To Invest In Growth
Aug 02Axonics (NASDAQ:AXNX) Is In A Strong Position To Grow Its Business
Apr 19We're Hopeful That Axonics (NASDAQ:AXNX) Will Use Its Cash Wisely
Sep 15Recent updates
A Look At The Fair Value Of Axonics, Inc. (NASDAQ:AXNX)
Jul 14Axonics, Inc.'s (NASDAQ:AXNX) Earnings Haven't Escaped The Attention Of Investors
Jun 20Is Axonics, Inc. (NASDAQ:AXNX) Trading At A 21% Discount?
Mar 27Here's Why We're Not At All Concerned With Axonics' (NASDAQ:AXNX) Cash Burn Situation
Feb 28Is Axonics, Inc. (NASDAQ:AXNX) Trading At A 32% Discount?
Nov 28Axonics stock falls 5.6% after Needham downgrades rating
Oct 10Axonics Stock Is A Buy Amid Current Capex Cycle
Sep 07Axonics prices stock offering of 1.75M shares
Aug 03Companies Like Axonics (NASDAQ:AXNX) Can Afford To Invest In Growth
Aug 02Axonics: A Strong Medical Device Play With Significant Revenue Growth Opportunities
May 30Axonics (NASDAQ:AXNX) Is In A Strong Position To Grow Its Business
Apr 19We're Hopeful That Axonics (NASDAQ:AXNX) Will Use Its Cash Wisely
Sep 15Financial Position Analysis
Short Term Liabilities: AXNX's short term assets ($512.1M) exceed its short term liabilities ($57.2M).
Long Term Liabilities: AXNX's short term assets ($512.1M) exceed its long term liabilities ($46.8M).
Debt to Equity History and Analysis
Debt Level: AXNX is debt free.
Reducing Debt: AXNX has no debt compared to 5 years ago when its debt to equity ratio was 17.4%.
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 AXNX has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: AXNX is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 24.6% per year.