electroCore Balance Sheet Health
Financial Health criteria checks 5/6
electroCore has a total shareholder equity of $7.4M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $16.1M and $8.7M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$10.33m |
| Equity | US$7.44m |
| Total liabilities | US$8.66m |
| Total assets | US$16.10m |
Recent financial health updates
We Think electroCore (NASDAQ:ECOR) Can Afford To Drive Business Growth
Apr 29
electroCore (NASDAQ:ECOR) May Not Be Profitable But It Seems To Be Managing Its Debt Just Fine, Anyway
Jan 07
Recent updates
electroCore sees Q3 revenue below consensus
Oct 14electroCore is issued 4 new U.S. patents in nVNS therapy
Sep 21electroCore sees Q2 revenue estimate higher than consensus
Jul 12We Think electroCore (NASDAQ:ECOR) Can Afford To Drive Business Growth
Apr 29electroCore: Pioneering Bioelectronic Medicine
Jan 06electroCore completes sale of $1.4M of NOL tax benefits
Jun 09Do Institutions Own electroCore, Inc. (NASDAQ:ECOR) Shares?
Feb 19electroCore expects FY20 revenue at upper end of $3.3M to $3.5M
Jan 11electroCore (NASDAQ:ECOR) May Not Be Profitable But It Seems To Be Managing Its Debt Just Fine, Anyway
Jan 07electroCore gains on distribution deal for gammaCore Sapphire in Eastern Europe
Dec 22electroCore shares jump 9% on positive results in migraine prevention study
Dec 08electroCore (ECOR) Investor Presentation - Slideshow
Nov 20Financial Position Analysis
Short Term Liabilities: ECOR's short term assets ($14.3M) exceed its short term liabilities ($8.1M).
Long Term Liabilities: ECOR's short term assets ($14.3M) exceed its long term liabilities ($537.0K).
Debt to Equity History and Analysis
Debt Level: ECOR is debt free.
Reducing Debt: ECOR had no debt 5 years ago.
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: ECOR has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ECOR has sufficient cash runway for 1.7 years if free cash flow continues to grow at historical rates of 20.9% each year.