Rockwell Medical Balance Sheet Health
Financial Health criteria checks 5/6
Rockwell Medical has a total shareholder equity of $23.5M and total debt of $9.0M, which brings its debt-to-equity ratio to 38.2%. Its total assets and total liabilities are $53.0M and $29.5M respectively.
Key information
38.2%
Debt to equity ratio
US$8.97m
Debt
| Interest coverage ratio | n/a |
| Cash | US$11.86m |
| Equity | US$23.50m |
| Total liabilities | US$29.53m |
| Total assets | US$53.03m |
Recent financial health updates
Does Rockwell Medical (NASDAQ:RMTI) Have A Healthy Balance Sheet?
May 08
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
The Market Lifts Rockwell Medical, Inc. (NASDAQ:RMTI) Shares 28% But It Can Do More
Sep 29Rockwell Medical: The Turnaround Is Looking Real
Sep 15Rockwell Medical, Inc. Just Reported A Surprise Profit And Analysts Updated Their Estimates
Aug 11Rockwell Medical, Inc.'s (NASDAQ:RMTI) Subdued P/S Might Signal An Opportunity
Jul 12Does Rockwell Medical (NASDAQ:RMTI) Have A Healthy Balance Sheet?
May 08Is 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 10Financial Position Analysis
Short Term Liabilities: RMTI's short term assets ($29.8M) exceed its short term liabilities ($14.9M).
Long Term Liabilities: RMTI's short term assets ($29.8M) exceed its long term liabilities ($14.6M).
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 6.4% to 38.2% 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 sufficient cash runway for 1.8 years if free cash flow continues to grow at historical rates of 11.8% each year.