NeuroMetrix Balance Sheet Health
Financial Health criteria checks 6/6
NeuroMetrix has a total shareholder equity of $20.1M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $21.4M and $1.3M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$18.00m |
Equity | US$20.09m |
Total liabilities | US$1.33m |
Total assets | US$21.42m |
Recent financial health updates
We're Hopeful That NeuroMetrix (NASDAQ:NURO) Will Use Its Cash Wisely
May 11Here's Why We're Not Too Worried About NeuroMetrix's (NASDAQ:NURO) Cash Burn Situation
Jan 19We're Hopeful That NeuroMetrix (NASDAQ:NURO) Will Use Its Cash Wisely
Jul 21NeuroMetrix (NASDAQ:NURO) Is In A Good Position To Deliver On Growth Plans
Jan 27Recent updates
NeuroMetrix reports Q3 results
Oct 20NeuroMetrix: Strong Unit Economics, Accelerating Growth; Possibly Worth $15 In 5 Years
Sep 23NeuroMetrix GAAP EPS of -$0.17, revenue of $2.1M
Jul 21We're Hopeful That NeuroMetrix (NASDAQ:NURO) Will Use Its Cash Wisely
May 11Here's Why We're Not Too Worried About NeuroMetrix's (NASDAQ:NURO) Cash Burn Situation
Jan 19NeuroMetrix: Solving Unmet Needs In Diagnostics And Therapeutic Neurostimulation
Sep 09We're Hopeful That NeuroMetrix (NASDAQ:NURO) Will Use Its Cash Wisely
Jul 21NeuroMetrix (NASDAQ:NURO) Is In A Good Position To Deliver On Growth Plans
Jan 27Financial Position Analysis
Short Term Liabilities: NURO's short term assets ($20.9M) exceed its short term liabilities ($1.2M).
Long Term Liabilities: NURO's short term assets ($20.9M) exceed its long term liabilities ($92.5K).
Debt to Equity History and Analysis
Debt Level: NURO is debt free.
Reducing Debt: NURO has not had any debt for 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: NURO has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: NURO has sufficient cash runway for 2.6 years if free cash flow continues to reduce at historical rates of 5.7% each year.