electroCore Balance Sheet Health
Financial Health criteria checks 5/6
electroCore has a total shareholder equity of $9.5M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $21.0M and $11.6M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$12.95m |
| Equity | US$9.46m |
| Total liabilities | US$11.59m |
| Total assets | US$21.05m |
Recent financial health updates
We Think electroCore (NASDAQ:ECOR) Can Afford To Drive Business Growth
Sep 25
We Think electroCore (NASDAQ:ECOR) Can Afford To Drive Business Growth
Apr 29Recent updates
electroCore, Inc. (NASDAQ:ECOR) Soars 34% But It's A Story Of Risk Vs Reward
Oct 08We Think electroCore (NASDAQ:ECOR) Can Afford To Drive Business Growth
Sep 25electroCore 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 19
Financial Position Analysis
Short Term Liabilities: ECOR's short term assets ($16.8M) exceed its short term liabilities ($7.9M).
Long Term Liabilities: ECOR's short term assets ($16.8M) exceed its long term liabilities ($3.7M).
Debt to Equity History and Analysis
Debt Level: ECOR is debt free.
Reducing Debt: ECOR has no debt compared to 5 years ago when its debt to equity ratio was 1.4%.
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 sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if ECOR has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.