Eargo Balance Sheet Health
Financial Health criteria checks 4/6
Eargo has a total shareholder equity of $45.1M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $69.8M and $24.6M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$46.02m |
| Equity | US$45.13m |
| Total liabilities | US$24.62m |
| Total assets | US$69.75m |
Recent financial health updates
Recent updates
Eargo: Straining To Be Heard
Aug 30Eargo jumps 77% following FDA rule on OTC hearing aids
Aug 16Eargo Non-GAAP EPS of -$0.78 misses by $0.55, revenue of $7.25M misses by $21.05M
Aug 08Eargo completes $100M senior secured convertible notes issuance
Jul 05Eargo: A Binary Play On Hearing Loss
Dec 30Eargo Is A High Risk 'Option' With High Potential
Oct 08An Intrinsic Calculation For Eargo, Inc. (NASDAQ:EAR) Suggests It's 23% Undervalued
Jul 10
Eargo: I Am Slowly Starting To Listen
May 06What Kind Of Investors Own Most Of Eargo, Inc. (NASDAQ:EAR)?
Jan 16Eargo trades high afte hours on strong Q4 revenue, gross systems shipped
Jan 11Eargo: A Word Of Caution
Dec 15Eargo beats on revenue
Nov 19Financial Position Analysis
Short Term Liabilities: EAR's short term assets ($56.7M) exceed its short term liabilities ($17.6M).
Long Term Liabilities: EAR's short term assets ($56.7M) exceed its long term liabilities ($7.0M).
Debt to Equity History and Analysis
Debt Level: EAR is debt free.
Reducing Debt: EAR has no debt compared to 5 years ago when its debt to equity ratio was 24.1%.
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: EAR has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: EAR has less than a year of cash runway if free cash flow continues to reduce at historical rates of 29.3% each year