CVRx Balance Sheet Health
Financial Health criteria checks 5/6
CVRx has a total shareholder equity of $75.9M and total debt of $29.2M, which brings its debt-to-equity ratio to 38.5%. Its total assets and total liabilities are $115.2M and $39.3M respectively.
Key information
38.5%
Debt to equity ratio
US$29.22m
Debt
Interest coverage ratio | n/a |
Cash | US$90.57m |
Equity | US$75.95m |
Total liabilities | US$39.28m |
Total assets | US$115.23m |
Recent financial health updates
Companies Like CVRx (NASDAQ:CVRX) Are In A Position To Invest In Growth
Aug 20We Think CVRx (NASDAQ:CVRX) Can Afford To Drive Business Growth
Apr 12Recent updates
The Price Is Right For CVRx, Inc. (NASDAQ:CVRX) Even After Diving 25%
Feb 29Revenues Tell The Story For CVRx, Inc. (NASDAQ:CVRX) As Its Stock Soars 34%
Nov 11Companies Like CVRx (NASDAQ:CVRX) Are In A Position To Invest In Growth
Aug 20CVRx Pursues Revenue Growth But Operating Losses Worsen
Aug 05CVRx: Barostim Story Looks Well Priced In, Overvalued At Just 5x Sales
Jun 21We Think CVRx (NASDAQ:CVRX) Can Afford To Drive Business Growth
Apr 12Earnings Release: Here's Why Analysts Cut Their CVRx, Inc. (NASDAQ:CVRX) Price Target To US$20.33
Feb 18CVRx: The Path To 7x Investment Returns
Jan 07CVRx: High Risk And High Potential Reward
Jul 04Financial Position Analysis
Short Term Liabilities: CVRX's short term assets ($112.1M) exceed its short term liabilities ($7.9M).
Long Term Liabilities: CVRX's short term assets ($112.1M) exceed its long term liabilities ($31.4M).
Debt to Equity History and Analysis
Debt Level: CVRX has more cash than its total debt.
Reducing Debt: Insufficient data to determine if CVRX's debt to equity ratio has reduced 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: CVRX has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: CVRX has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 29.2% each year