Sight Sciences Balance Sheet Health
Financial Health criteria checks 6/6
Sight Sciences has a total shareholder equity of $95.0M and total debt of $34.2M, which brings its debt-to-equity ratio to 36%. Its total assets and total liabilities are $143.6M and $48.6M respectively.
Key information
36.0%
Debt to equity ratio
US$34.15m
Debt
| Interest coverage ratio | n/a |
| Cash | US$118.56m |
| Equity | US$94.96m |
| Total liabilities | US$48.64m |
| Total assets | US$143.60m |
Recent financial health updates
Recent updates
Sight Sciences, Inc. (NASDAQ:SGHT) Stocks Pounded By 26% But Not Lagging Industry On Growth Or Pricing
Nov 13
Why We're Not Concerned Yet About Sight Sciences, Inc.'s (NASDAQ:SGHT) 26% Share Price Plunge
Aug 15Is Sight Sciences (NASDAQ:SGHT) A Risky Investment?
Jul 12Sight Sciences, Inc. (NASDAQ:SGHT) Stock Catapults 46% Though Its Price And Business Still Lag The Industry
Dec 19Some Analysts Just Cut Their Sight Sciences, Inc. (NASDAQ:SGHT) Estimates
Nov 19Sight Sciences Grows Portfolio Amid Reimbursement Pressure
Aug 19Financial Position Analysis
Short Term Liabilities: SGHT's short term assets ($140.5M) exceed its short term liabilities ($13.8M).
Long Term Liabilities: SGHT's short term assets ($140.5M) exceed its long term liabilities ($34.8M).
Debt to Equity History and Analysis
Debt Level: SGHT has more cash than its total debt.
Reducing Debt: SGHT's debt to equity ratio has reduced from 120.6% to 36% 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: SGHT has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: SGHT has sufficient cash runway for 2.8 years if free cash flow continues to reduce at historical rates of 9% each year.