Helius Medical Technologies Balance Sheet Health
Financial Health criteria checks 6/6
Helius Medical Technologies has a total shareholder equity of $2.4M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $7.7M and $5.3M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$5.18m |
Equity | US$2.35m |
Total liabilities | US$5.34m |
Total assets | US$7.69m |
Recent financial health updates
Recent updates
Helius Medical Technologies: A Net-Net Meme Stock In The Making
Aug 23Helius Medical Technologies stock slides 51% after pricing $18M securities offering
Aug 05We Think Helius Medical Technologies (NASDAQ:HSDT) Needs To Drive Business Growth Carefully
Aug 18Helius Medical makes CEO, CFO appointments
Jun 15Helius Medical Technologies announces reverse stock split
Dec 31Helius Medical Technologies EPS beats by $0.01, beats on revenue
Nov 12Financial Position Analysis
Short Term Liabilities: HSDT's short term assets ($7.4M) exceed its short term liabilities ($1.9M).
Long Term Liabilities: HSDT's short term assets ($7.4M) exceed its long term liabilities ($3.5M).
Debt to Equity History and Analysis
Debt Level: HSDT is debt free.
Reducing Debt: HSDT 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: HSDT has sufficient cash runway for 6 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: HSDT is forecast to have sufficient cash runway for 5 months based on free cash flow estimates, but has since raised additional capital.