iSpecimen Balance Sheet Health
Financial Health criteria checks 5/6
iSpecimen has a total shareholder equity of $4.7M and total debt of $864.4K, which brings its debt-to-equity ratio to 18.3%. Its total assets and total liabilities are $11.3M and $6.5M respectively.
Key information
18.3%
Debt to equity ratio
US$864.43k
Debt
| Interest coverage ratio | n/a |
| Cash | US$1.75m |
| Equity | US$4.71m |
| Total liabilities | US$6.55m |
| Total assets | US$11.26m |
Recent financial health updates
Recent updates
iSpecimen Inc. (NASDAQ:ISPC) Might Not Be As Mispriced As It Looks After Plunging 32%
Sep 13
US$3.00: That's What Analysts Think iSpecimen Inc. (NASDAQ:ISPC) Is Worth After Its Latest Results
Aug 09Take Care Before Diving Into The Deep End On iSpecimen Inc. (NASDAQ:ISPC)
Jan 04Downgrade: Here's How This Analyst Sees iSpecimen Inc. (NASDAQ:ISPC) Performing In The Near Term
Aug 07Investors Still Aren't Entirely Convinced By iSpecimen Inc.'s (NASDAQ:ISPC) Revenues Despite 33% Price Jump
Apr 18iSpecimen names finance chief Tracy Curley as interim CEO
Sep 22iSpecimen Inc. (NASDAQ:ISPC) Analysts Just Slashed This Year's Estimates
Aug 10iSpecimen GAAP EPS of -$0.30 misses by $0.02, revenue of $2.3M misses by $0.55M
Aug 04iSpecimen Inc.'s (NASDAQ:ISPC) Intrinsic Value Is Potentially 69% Above Its Share Price
Mar 31iSpecimen: High Growth Marketplace At A Discount
Jul 07iSpecimen raises $18M via Nasdaq IPO
Jun 21Financial Position Analysis
Short Term Liabilities: ISPC's short term assets ($4.7M) do not cover its short term liabilities ($6.3M).
Long Term Liabilities: ISPC's short term assets ($4.7M) exceed its long term liabilities ($281.4K).
Debt to Equity History and Analysis
Debt Level: ISPC has more cash than its total debt.
Reducing Debt: ISPC had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: ISPC has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: ISPC is forecast to have sufficient cash runway for 3 months based on free cash flow estimates, but has since raised additional capital.