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Conformis Balance Sheet Health
Financial Health criteria checks 3/6
Conformis has a total shareholder equity of $32.0M and total debt of $20.6M, which brings its debt-to-equity ratio to 64.4%. Its total assets and total liabilities are $67.8M and $35.8M respectively.
Key information
64.45%
Debt to equity ratio
US$20.64m
Debt
| Interest coverage ratio | n/a |
| Cash | US$26.18m |
| Equity | US$32.03m |
| Total liabilities | US$35.76m |
| Total assets | US$67.78m |
Recent financial health updates
We Think Conformis (NASDAQ:CFMS) Can Stay On Top Of Its Debt
Dec 21
Is Conformis (NASDAQ:CFMS) A Risky Investment?
Sep 16Is Conformis (NASDAQ:CFMS) Using Debt Sensibly?
May 08Is Conformis (NASDAQ:CFMS) Using Too Much Debt?
Jan 16Recent updates
Conformis stock jumps 17% aftermarket on FDA 510(k) clearance for Actera hip system
Sep 13Conformis signs agreement with Vizient for personalized orthopedic implants
Aug 01Investors Will Want Conformis' (NASDAQ:CFMS) Growth In ROCE To Persist
Jan 11We Think Conformis (NASDAQ:CFMS) Can Stay On Top Of Its Debt
Dec 21What Does Conformis, Inc.'s (NASDAQ:CFMS) Share Price Indicate?
Nov 11Is Conformis (NASDAQ:CFMS) A Risky Investment?
Sep 16Conformis: Emerging Surgical Implant Developer
Sep 04Shareholders Shouldn’t Be Too Comfortable With Conformis' (NASDAQ:CFMS) Strong Earnings
Aug 11Party Time: Brokers Just Made Major Increases To Their Conformis, Inc. (NASDAQ:CFMS) Earnings Forecasts
Aug 10Increases to Conformis, Inc.'s (NASDAQ:CFMS) CEO Compensation Might Cool off for now
May 18Analysts Just Shipped An Incredible Upgrade To Their Conformis, Inc. (NASDAQ:CFMS) Estimates
May 11Is Conformis (NASDAQ:CFMS) Using Debt Sensibly?
May 08Is Conformis (NASDAQ:CFMS) Using Too Much Debt?
Jan 16Financial Position Analysis
Short Term Liabilities: CFMS's short term assets ($54.6M) exceed its short term liabilities ($10.8M).
Long Term Liabilities: CFMS's short term assets ($54.6M) exceed its long term liabilities ($25.0M).
Debt to Equity History and Analysis
Debt Level: CFMS has more cash than its total debt.
Reducing Debt: CFMS's debt to equity ratio has increased from 60.4% to 64.4% 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: CFMS has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: CFMS has less than a year of cash runway if free cash flow continues to grow at historical rates of 2.5% each year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/09/06 03:59 |
| End of Day Share Price | 2023/09/01 00:00 |
| Earnings | 2023/06/30 |
| Annual Earnings | 2022/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Conformis, Inc. is covered by 10 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Gregory Chodaczek | B. Riley Securities, Inc. |
| Michael Gorman | BTIG |
| Kyle Rose | Canaccord Genuity |