Sight Sciences Balance Sheet Health
Financial Health criteria checks 6/6
Sight Sciences has a total shareholder equity of $101.6M and total debt of $33.8M, which brings its debt-to-equity ratio to 33.2%. Its total assets and total liabilities are $149.7M and $48.1M respectively.
Key information
33.2%
Debt to equity ratio
US$33.77m
Debt
Interest coverage ratio | n/a |
Cash | US$118.18m |
Equity | US$101.64m |
Total liabilities | US$48.08m |
Total assets | US$149.72m |
Recent financial health updates
Recent updates
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 19Sizing Up Sight Sciences
Jun 26Sight Sciences - Opening My Eyes
Apr 08Analysts Have Been Trimming Their Sight Sciences, Inc. (NASDAQ:SGHT) Price Target After Its Latest Report
Mar 26Financial Position Analysis
Short Term Liabilities: SGHT's short term assets ($146.3M) exceed its short term liabilities ($13.3M).
Long Term Liabilities: SGHT's short term assets ($146.3M) 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 92.4% to 33.2% 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: 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 2.4 years if free cash flow continues to reduce at historical rates of 13.1% each year.