Femasys Balance Sheet Health
Financial Health criteria checks 5/6
Femasys has a total shareholder equity of $18.4M and total debt of $4.3M, which brings its debt-to-equity ratio to 23.2%. Its total assets and total liabilities are $27.8M and $9.4M respectively.
Key information
23.2%
Debt to equity ratio
US$4.26m
Debt
| Interest coverage ratio | n/a |
| Cash | US$21.72m |
| Equity | US$18.35m |
| Total liabilities | US$9.40m |
| Total assets | US$27.76m |
Recent financial health updates
Health Check: How Prudently Does Femasys (NASDAQ:FEMY) Use Debt?
Apr 03
Here's Why We're Watching Femasys' (NASDAQ:FEMY) Cash Burn Situation
Sep 27We Think Femasys (NASDAQ:FEMY) Needs To Drive Business Growth Carefully
May 22Recent updates
Health Check: How Prudently Does Femasys (NASDAQ:FEMY) Use Debt?
Apr 03Here's Why We're Watching Femasys' (NASDAQ:FEMY) Cash Burn Situation
Sep 27Femasys commercially launches Femcerv for cervical cancer screening
Sep 29Femasys GAAP EPS of -$0.22 beats by $0.01, revenue of $0.3M misses by $0.01M
Aug 10We Think Femasys (NASDAQ:FEMY) Needs To Drive Business Growth Carefully
May 22Femasys: Revolutionizing Female Reproduction
Jul 16Financial Position Analysis
Short Term Liabilities: FEMY's short term assets ($23.2M) exceed its short term liabilities ($3.1M).
Long Term Liabilities: FEMY's short term assets ($23.2M) exceed its long term liabilities ($6.3M).
Debt to Equity History and Analysis
Debt Level: FEMY has more cash than its total debt.
Reducing Debt: Insufficient data to determine if FEMY'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: FEMY has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: FEMY has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of 13.8% each year.