Spectral AI Balance Sheet Health
Financial Health criteria checks 1/6
Spectral AI has a total shareholder equity of $-4.3M and total debt of $6.0M, which brings its debt-to-equity ratio to -137.8%. Its total assets and total liabilities are $11.6M and $15.9M respectively.
Key information
-137.8%
Debt to equity ratio
US$5.97m
Debt
| Interest coverage ratio | n/a |
| Cash | US$3.70m |
| Equity | -US$4.34m |
| Total liabilities | US$15.94m |
| Total assets | US$11.60m |
Recent financial health updates
No updates
Recent updates
Investors Still Aren't Entirely Convinced By Spectral AI, Inc.'s (NASDAQ:MDAI) Revenues Despite 43% Price Jump
Nov 03
Slammed 25% Spectral AI, Inc. (NASDAQ:MDAI) Screens Well Here But There Might Be A Catch
Sep 19Analysts Have Been Trimming Their Spectral AI, Inc. (NASDAQ:MDAI) Price Target After Its Latest Report
Aug 15Cautious Investors Not Rewarding Spectral AI, Inc.'s (NASDAQ:MDAI) Performance Completely
Jun 28Many Still Looking Away From Spectral AI, Inc. (NASDAQ:MDAI)
Dec 27Financial Position Analysis
Short Term Liabilities: MDAI has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: MDAI has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: MDAI has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: MDAI's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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: MDAI has sufficient cash runway for 4 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: Insufficient data to determine if MDAI has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.