Cerus Balance Sheet Health
Financial Health criteria checks 5/6
Cerus has a total shareholder equity of $50.2M and total debt of $84.9M, which brings its debt-to-equity ratio to 169.3%. Its total assets and total liabilities are $189.1M and $139.0M respectively.
Key information
169.3%
Debt to equity ratio
US$84.95m
Debt
Interest coverage ratio | n/a |
Cash | US$72.18m |
Equity | US$50.16m |
Total liabilities | US$138.97m |
Total assets | US$189.14m |
Recent financial health updates
Here's Why Cerus (NASDAQ:CERS) Can Afford Some Debt
Apr 12Health 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
The Cerus Corporation (NASDAQ:CERS) First-Quarter Results Are Out And Analysts Have Published New Forecasts
May 05Here'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 30Financial Position Analysis
Short Term Liabilities: CERS's short term assets ($138.2M) exceed its short term liabilities ($57.2M).
Long Term Liabilities: CERS's short term assets ($138.2M) exceed its long term liabilities ($81.7M).
Debt to Equity History and Analysis
Debt Level: CERS's net debt to equity ratio (25.5%) is considered satisfactory.
Reducing Debt: CERS's debt to equity ratio has increased from 56.7% to 169.3% 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: CERS has sufficient cash runway for 1.3 years if free cash flow continues to grow at historical rates of 9.1% each year.