Alpha Tau Medical Balance Sheet Health
Financial Health criteria checks 5/6
Alpha Tau Medical has a total shareholder equity of $74.0M and total debt of $5.4M, which brings its debt-to-equity ratio to 7.3%. Its total assets and total liabilities are $96.0M and $22.0M respectively.
Key information
7.3%
Debt to equity ratio
US$5.41m
Debt
| Interest coverage ratio | n/a |
| Cash | US$71.03m |
| Equity | US$74.02m |
| Total liabilities | US$22.03m |
| Total assets | US$96.05m |
Recent financial health updates
Alpha Tau Medical (NASDAQ:DRTS) Has Debt But No Earnings; Should You Worry?
May 25
Alpha Tau Medical (NASDAQ:DRTS) Is In A Good Position To Deliver On Growth Plans
Nov 08Recent updates
Alpha Tau Medical (NASDAQ:DRTS) Has Debt But No Earnings; Should You Worry?
May 25Alpha Tau Medical (NASDAQ:DRTS) Is In A Good Position To Deliver On Growth Plans
Nov 08Alpha Tau director gives up board seat to take up chief commercial officer role
Sep 02Alpha Tau Medical GAAP EPS of -$0.03
Aug 25Alpha Tau: Treating Cancer With Precision Alpha Radiation
Apr 12Financial Position Analysis
Short Term Liabilities: DRTS's short term assets ($75.2M) exceed its short term liabilities ($6.5M).
Long Term Liabilities: DRTS's short term assets ($75.2M) exceed its long term liabilities ($15.6M).
Debt to Equity History and Analysis
Debt Level: DRTS has more cash than its total debt.
Reducing Debt: Insufficient data to determine if DRTS'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: DRTS has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: DRTS has sufficient cash runway for 2.5 years if free cash flow continues to reduce at historical rates of 24.3% each year.