NeuroPace Balance Sheet Health
Financial Health criteria checks 5/6
NeuroPace has a total shareholder equity of $9.8M and total debt of $59.3M, which brings its debt-to-equity ratio to 603.3%. Its total assets and total liabilities are $96.3M and $86.5M respectively.
Key information
603.3%
Debt to equity ratio
US$59.27m
Debt
| Interest coverage ratio | n/a |
| Cash | US$56.83m |
| Equity | US$9.82m |
| Total liabilities | US$86.48m |
| Total assets | US$96.30m |
Recent financial health updates
Does NeuroPace (NASDAQ:NPCE) Have A Healthy Balance Sheet?
Nov 07
Is NeuroPace (NASDAQ:NPCE) Weighed On By Its Debt Load?
Apr 12Recent updates
Here's What Analysts Are Forecasting For NeuroPace, Inc. (NASDAQ:NPCE) After Its Third-Quarter Results
Nov 14Does NeuroPace (NASDAQ:NPCE) Have A Healthy Balance Sheet?
Nov 07NeuroPace, Inc. (NASDAQ:NPCE) Screens Well But There Might Be A Catch
Aug 03Is NeuroPace (NASDAQ:NPCE) Weighed On By Its Debt Load?
Apr 12NeuroPace: Picking Up The Pace
Feb 25Why Investors Shouldn't Be Surprised By NeuroPace, Inc.'s (NASDAQ:NPCE) 58% Share Price Surge
Jan 22NeuroPace, Inc. (NASDAQ:NPCE) Stock Rockets 39% But Many Are Still Ignoring The Company
Apr 17NeuroPace announces U.S. distribution agreement with DIXI Medical
Aug 11NeuroPace EPS misses by $32.45, beats on revenue; issues guidance
Jun 03Financial Position Analysis
Short Term Liabilities: NPCE's short term assets ($82.6M) exceed its short term liabilities ($14.8M).
Long Term Liabilities: NPCE's short term assets ($82.6M) exceed its long term liabilities ($71.7M).
Debt to Equity History and Analysis
Debt Level: NPCE's net debt to equity ratio (24.8%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if NPCE'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: NPCE has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: NPCE has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 3.6% each year