Check-Cap Balance Sheet Health
Financial Health criteria checks 6/6
Check-Cap has a total shareholder equity of $27.4M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $29.0M and $1.6M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$28.07m |
| Equity | US$27.40m |
| Total liabilities | US$1.64m |
| Total assets | US$29.03m |
Recent financial health updates
We're Keeping An Eye On Check-Cap's (NASDAQ:CHEK) Cash Burn Rate
Jul 19
Here's Why We're Watching Check-Cap's (NASDAQ:CHEK) Cash Burn Situation
Feb 05We're Keeping An Eye On Check-Cap's (NASDAQ:CHEK) Cash Burn Rate
Sep 03Here's Why We're Not Too Worried About Check-Cap's (NASDAQ:CHEK) Cash Burn Situation
May 19Recent updates
We're Keeping An Eye On Check-Cap's (NASDAQ:CHEK) Cash Burn Rate
Jul 19Here's Why We're Watching Check-Cap's (NASDAQ:CHEK) Cash Burn Situation
Feb 05We're Keeping An Eye On Check-Cap's (NASDAQ:CHEK) Cash Burn Rate
Sep 03Here's Why We're Not Too Worried About Check-Cap's (NASDAQ:CHEK) Cash Burn Situation
May 19We Think Check-Cap (NASDAQ:CHEK) Can Afford To Drive Business Growth
Feb 03We're Hopeful That Check-Cap (NASDAQ:CHEK) Will Use Its Cash Wisely
Oct 21Check-Cap (NASDAQ:CHEK) Is In A Good Position To Deliver On Growth Plans
Jul 01We're Keeping An Eye On Check-Cap's (NASDAQ:CHEK) Cash Burn Rate
Jan 02
Check Cap +1.5% on listing extension from NASDAQ
Dec 30Check-Cap EPS misses by $0.01
Nov 18Financial Position Analysis
Short Term Liabilities: CHEK's short term assets ($28.8M) exceed its short term liabilities ($1.6M).
Long Term Liabilities: CHEK has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: CHEK is debt free.
Reducing Debt: CHEK has not had any debt for 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: CHEK has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: CHEK has sufficient cash runway for 1.5 years if free cash flow continues to reduce at historical rates of 13.9% each year.