Certara Balance Sheet Health
Financial Health criteria checks 5/6
Certara has a total shareholder equity of $1.1B and total debt of $296.1M, which brings its debt-to-equity ratio to 28.1%. Its total assets and total liabilities are $1.5B and $489.8M respectively. Certara's EBIT is $14.5M making its interest coverage ratio 0.7. It has cash and short-term investments of $235.4M.
Key information
28.1%
Debt to equity ratio
US$296.05m
Debt
| Interest coverage ratio | 0.7x |
| Cash | US$235.45m |
| Equity | US$1.05b |
| Total liabilities | US$489.82m |
| Total assets | US$1.54b |
Recent financial health updates
Recent updates
Certara (NASDAQ:CERT) Is Reinvesting At Lower Rates Of Return
Nov 15
Is Certara, Inc. (NASDAQ:CERT) Potentially Undervalued?
Oct 24Certara (NASDAQ:CERT) Seems To Use Debt Quite Sensibly
Sep 20Certara: Still Awaiting Consistent Growth
Sep 16Certara, Inc. (NASDAQ:CERT) Shares Could Be 35% Above Their Intrinsic Value Estimate
Aug 31There's Reason For Concern Over Certara, Inc.'s (NASDAQ:CERT) Price
Jul 18Certara (NASDAQ:CERT) Is Looking To Continue Growing Its Returns On Capital
Jun 13When Should You Buy Certara, Inc. (NASDAQ:CERT)?
Apr 11Certara, Inc.'s (NASDAQ:CERT) Share Price Could Signal Some Risk
Mar 21Returns Are Gaining Momentum At Certara (NASDAQ:CERT)
Feb 17Certara: Applied BioMath Acquisition And Simcyp Launch Should Drive Growth
Jan 30Calculating The Fair Value Of Certara, Inc. (NASDAQ:CERT)
Dec 07Risks To Shareholder Returns Are Elevated At These Prices For Certara, Inc. (NASDAQ:CERT)
Oct 31Is It Time To Consider Buying Certara, Inc. (NASDAQ:CERT)?
Sep 17An Intrinsic Calculation For Certara, Inc. (NASDAQ:CERT) Suggests It's 29% Undervalued
Aug 30Certara (NASDAQ:CERT) Shareholders Will Want The ROCE Trajectory To Continue
Aug 03Certara: A Story To Watch
Sep 27Certara to raise capital in secondary stock offering
Aug 12Financial Position Analysis
Short Term Liabilities: CERT's short term assets ($350.6M) exceed its short term liabilities ($122.7M).
Long Term Liabilities: CERT's short term assets ($350.6M) do not cover its long term liabilities ($367.1M).
Debt to Equity History and Analysis
Debt Level: CERT's net debt to equity ratio (5.8%) is considered satisfactory.
Reducing Debt: CERT's debt to equity ratio has reduced from 82.1% to 28.1% 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: Whilst unprofitable CERT has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: CERT is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 18.5% per year.