Cerus Balance Sheet Health
Financial Health criteria checks 4/6
Cerus has a total shareholder equity of $53.4M and total debt of $79.8M, which brings its debt-to-equity ratio to 149.3%. Its total assets and total liabilities are $197.7M and $144.3M respectively.
Key information
149.3%
Debt to equity ratio
US$79.80m
Debt
| Interest coverage ratio | n/a |
| Cash | US$65.85m |
| Equity | US$53.44m |
| Total liabilities | US$144.30m |
| Total assets | US$197.75m |
Recent financial health updates
Here's Why Cerus (NASDAQ:CERS) Can Afford Some Debt
Apr 12
Health Check: How Prudently Does Cerus (NASDAQ:CERS) Use Debt?
Oct 06Is Cerus (NASDAQ:CERS) A Risky Investment?
Jul 07Is Cerus (NASDAQ:CERS) Using Debt In A Risky Way?
Jul 06Is Cerus (NASDAQ:CERS) Using Debt Sensibly?
Mar 17Cerus (NASDAQ:CERS) Has Debt But No Earnings; Should You Worry?
Oct 30Recent updates
Here's Why Cerus (NASDAQ:CERS) Can Afford Some Debt
Apr 12Cerus Corporation (NASDAQ:CERS) Stock Rockets 29% But Many Are Still Ignoring The Company
Mar 07Slammed 29% Cerus Corporation (NASDAQ:CERS) Screens Well Here But There Might Be A Catch
Jan 18Health Check: How Prudently Does Cerus (NASDAQ:CERS) Use Debt?
Oct 06Is Cerus (NASDAQ:CERS) A Risky Investment?
Jul 07Slammed 32% Cerus Corporation (NASDAQ:CERS) Screens Well Here But There Might Be A Catch
May 12Cerus: Technical Support Fades, Investment Case Weakens (Technical Analysis)
Sep 29Cerus GAAP EPS of -$0.05 beats by $0.02, revenue of $47.63M beats by $4.87M
Aug 04Cerus: Lacks Conviction Against Macro Backdrop, Technicals Supportive Of Near-Term Upside
Jul 14Is Cerus (NASDAQ:CERS) Using Debt In A Risky Way?
Jul 06Is Cerus (NASDAQ:CERS) Using Debt Sensibly?
Mar 17Cerus Corporation: Outperforming And Gaining Momentum
Jan 28Cerus (NASDAQ:CERS) Has Debt But No Earnings; Should You Worry?
Oct 30Cerus Corp.: Record Revenue Warrants A Slight Change In Strategy
Sep 17Financial Position Analysis
Short Term Liabilities: CERS's short term assets ($144.4M) exceed its short term liabilities ($67.5M).
Long Term Liabilities: CERS's short term assets ($144.4M) exceed its long term liabilities ($76.8M).
Debt to Equity History and Analysis
Debt Level: CERS's net debt to equity ratio (26.1%) is considered satisfactory.
Reducing Debt: CERS's debt to equity ratio has increased from 35.3% to 149.3% 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: CERS has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if CERS has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.