Delcath Systems Balance Sheet Health
Financial Health criteria checks 6/6
Delcath Systems has a total shareholder equity of $21.3M and total debt of $10.2M, which brings its debt-to-equity ratio to 47.6%. Its total assets and total liabilities are $38.6M and $17.3M respectively.
Key information
47.6%
Debt to equity ratio
US$10.15m
Debt
| Interest coverage ratio | n/a |
| Cash | US$32.45m |
| Equity | US$21.33m |
| Total liabilities | US$17.29m |
| Total assets | US$38.61m |
Recent financial health updates
Is Delcath Systems (NASDAQ:DCTH) Using Debt In A Risky Way?
Jan 15
Delcath Systems (NASDAQ:DCTH) Has Debt But No Earnings; Should You Worry?
Oct 04Is Delcath Systems (NASDAQ:DCTH) Weighed On By Its Debt Load?
Mar 24Does Delcath Systems (NASDAQ:DCTH) Have A Healthy Balance Sheet?
Nov 17Is Delcath Systems (NASDAQ:DCTH) Using Debt In A Risky Way?
May 03Recent updates
Is Delcath Systems (NASDAQ:DCTH) Using Debt In A Risky Way?
Jan 15Delcath Systems (NASDAQ:DCTH) Has Debt But No Earnings; Should You Worry?
Oct 04Delcath Systems Q2 2022 Earnings Preview
Aug 05Delcath Systems to raise $5M in stock and warrants offering
Jul 18Delcath Systems: Revisiting A $5 Lottery Ticket
May 17Is Delcath Systems (NASDAQ:DCTH) Weighed On By Its Debt Load?
Mar 24Does Delcath Systems (NASDAQ:DCTH) Have A Healthy Balance Sheet?
Nov 17Diving Into Delcath Systems
Aug 09Delcath Systems: Ready To Return To A Previous Winner
Jun 22Delcath Systems set to join Russell Microcap Index
Jun 08Is Delcath Systems (NASDAQ:DCTH) Using Debt In A Risky Way?
May 03Delcath Systems prices public offering at $13.25
Dec 09Delcath Systems EPS beats by $0.47, misses on revenue
Nov 11Financial Position Analysis
Short Term Liabilities: DCTH's short term assets ($37.2M) exceed its short term liabilities ($16.4M).
Long Term Liabilities: DCTH's short term assets ($37.2M) exceed its long term liabilities ($840.0K).
Debt to Equity History and Analysis
Debt Level: DCTH has more cash than its total debt.
Reducing Debt: DCTH had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: DCTH has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: DCTH is forecast to have sufficient cash runway for 11 months based on free cash flow estimates, but has since raised additional capital.