Rockwell Medical Balance Sheet Health
Financial Health criteria checks 4/6
Rockwell Medical has a total shareholder equity of $21.3M and total debt of $8.5M, which brings its debt-to-equity ratio to 40.1%. Its total assets and total liabilities are $52.2M and $30.9M respectively.
Key information
40.1%
Debt to equity ratio
US$8.54m
Debt
Interest coverage ratio | n/a |
Cash | US$10.94m |
Equity | US$21.29m |
Total liabilities | US$30.88m |
Total assets | US$52.17m |
Recent financial health updates
Is Rockwell Medical (NASDAQ:RMTI) A Risky Investment?
Feb 06Is Rockwell Medical (NASDAQ:RMTI) Using Too Much Debt?
Oct 11Is Rockwell Medical (NASDAQ:RMTI) Weighed On By Its Debt Load?
Jun 02Recent updates
Is Rockwell Medical (NASDAQ:RMTI) A Risky Investment?
Feb 06Rockwell Medical, Inc. (NASDAQ:RMTI) Doing What It Can To Lift Shares
Dec 25Is Rockwell Medical (NASDAQ:RMTI) Using Too Much Debt?
Oct 11Is Rockwell Medical (NASDAQ:RMTI) Weighed On By Its Debt Load?
Jun 02Is There Now An Opportunity In Rockwell Medical, Inc. (NASDAQ:RMTI)?
Oct 25An Intrinsic Calculation For Rockwell Medical, Inc. (NASDAQ:RMTI) Suggests It's 46% Undervalued
Sep 02Rockwell Medical Q2 Earnings Preview
Aug 12Rockwell Medical: Triferic Remains Key Despite Sluggish Growth Profile
Mar 02Rockwell Medical: Down But By No Means Out
Oct 05Rockwell Medical pops 6% on licensing deal for Triferic AVNU in Turkey
Jun 08Health Check: How Prudently Does Rockwell Medical (NASDAQ:RMTI) Use Debt?
Mar 08Some Rockwell Medical, Inc. (NASDAQ:RMTI) Analysts Just Made A Major Cut To Next Year's Estimates
Feb 10How Many Rockwell Medical, Inc. (NASDAQ:RMTI) Shares Do Institutions Own?
Jan 18Dosing underway in Rockwell Medical's late-stage Triferic trial in China
Jan 13Rockwell Medical: Heavily Oversold Company With Big Potential
Jan 11This Insider Has Just Sold Shares In Rockwell Medical, Inc. (NASDAQ:RMTI)
Dec 21Rockwell Medical, Inc. 2020 Q3 - Results - Earnings Call Presentation
Nov 09Financial Position Analysis
Short Term Liabilities: RMTI's short term assets ($28.8M) exceed its short term liabilities ($16.6M).
Long Term Liabilities: RMTI's short term assets ($28.8M) exceed its long term liabilities ($14.2M).
Debt to Equity History and Analysis
Debt Level: RMTI has more cash than its total debt.
Reducing Debt: RMTI's debt to equity ratio has increased from 0% to 40.1% 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: RMTI has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: RMTI has less than a year of cash runway if free cash flow continues to grow at historical rates of 5.3% each year.