iCAD Balance Sheet Health
Financial Health criteria checks 6/6
iCAD has a total shareholder equity of $33.4M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $41.4M and $8.0M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$21.67m |
| Equity | US$33.42m |
| Total liabilities | US$8.00m |
| Total assets | US$41.42m |
Recent financial health updates
We're Hopeful That iCAD (NASDAQ:ICAD) Will Use Its Cash Wisely
Sep 27
We Think iCAD (NASDAQ:ICAD) Needs To Drive Business Growth Carefully
Jun 21Will iCAD (NASDAQ:ICAD) Spend Its Cash Wisely?
Feb 10Is iCAD (NASDAQ:ICAD) In A Good Position To Invest In Growth?
Nov 09Companies Like iCAD (NASDAQ:ICAD) Are In A Position To Invest In Growth
Jun 24iCAD (NASDAQ:ICAD) Is In A Good Position To Deliver On Growth Plans
Feb 23Recent updates
iCAD, Inc. (NASDAQ:ICAD) Stock Rockets 26% As Investors Are Less Pessimistic Than Expected
Feb 29We're Hopeful That iCAD (NASDAQ:ICAD) Will Use Its Cash Wisely
Sep 27We Think iCAD (NASDAQ:ICAD) Needs To Drive Business Growth Carefully
Jun 21Will iCAD (NASDAQ:ICAD) Spend Its Cash Wisely?
Feb 10Is iCAD (NASDAQ:ICAD) In A Good Position To Invest In Growth?
Nov 09Companies Like iCAD (NASDAQ:ICAD) Are In A Position To Invest In Growth
Jun 24iCAD (NASDAQ:ICAD) Is In A Good Position To Deliver On Growth Plans
Feb 23iCAD: Downside Seems Limited
Jan 16iCAD, Inc. (NASDAQ:ICAD) Analysts Just Cut Their EPS Forecasts Substantially
Jan 06Here's Why We're Not Too Worried About iCAD's (NASDAQ:ICAD) Cash Burn Situation
Nov 11Is It Too Late To Consider Buying iCAD, Inc. (NASDAQ:ICAD)?
Jun 25iCAD inks global distribution agreement with Sectra
Jun 08Is iCAD (NASDAQ:ICAD) Weighed On By Its Debt Load?
May 31Is iCAD, Inc. (NASDAQ:ICAD) Trading At A 39% Discount?
May 16Financial Position Analysis
Short Term Liabilities: ICAD's short term assets ($29.7M) exceed its short term liabilities ($6.7M).
Long Term Liabilities: ICAD's short term assets ($29.7M) exceed its long term liabilities ($1.3M).
Debt to Equity History and Analysis
Debt Level: ICAD is debt free.
Reducing Debt: ICAD has no debt compared to 5 years ago when its debt to equity ratio was 189.6%.
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: ICAD has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: ICAD has sufficient cash runway for 2.9 years if free cash flow continues to reduce at historical rates of 10.2% each year.