This company has been acquired
Silk Road Medical Balance Sheet Health
Financial Health criteria checks 6/6
Silk Road Medical has a total shareholder equity of $154.7M and total debt of $76.1M, which brings its debt-to-equity ratio to 49.2%. Its total assets and total liabilities are $269.8M and $115.1M respectively.
Key information
49.2%
Debt to equity ratio
US$76.15m
Debt
| Interest coverage ratio | n/a |
| Cash | US$171.98m |
| Equity | US$154.68m |
| Total liabilities | US$115.12m |
| Total assets | US$269.81m |
Recent financial health updates
Is Silk Road Medical (NASDAQ:SILK) A Risky Investment?
May 02
Is Silk Road Medical (NASDAQ:SILK) Weighed On By Its Debt Load?
Nov 03Is Silk Road Medical (NASDAQ:SILK) A Risky Investment?
Aug 05Is Silk Road Medical (NASDAQ:SILK) A Risky Investment?
Apr 04Is Silk Road Medical (NASDAQ:SILK) Using Too Much Debt?
Sep 24Recent updates
Silk Road Medical, Inc (NASDAQ:SILK) First-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year
May 03Is Silk Road Medical (NASDAQ:SILK) A Risky Investment?
May 02Silk Road Medical, Inc's (NASDAQ:SILK) Shares Leap 35% Yet They're Still Not Telling The Full Story
Feb 03A Piece Of The Puzzle Missing From Silk Road Medical, Inc's (NASDAQ:SILK) 26% Share Price Climb
Dec 20Is Silk Road Medical (NASDAQ:SILK) Weighed On By Its Debt Load?
Nov 03Is Silk Road Medical (NASDAQ:SILK) A Risky Investment?
Aug 05Shareholders Should Be Pleased With Silk Road Medical, Inc's (NASDAQ:SILK) Price
May 05Is Silk Road Medical (NASDAQ:SILK) A Risky Investment?
Apr 04Silk Road Medical announces $100M common stock offering
Oct 17Is Silk Road Medical (NASDAQ:SILK) Using Too Much Debt?
Sep 24Silk Road Medical GAAP EPS of -$0.44 beats by $0.02, revenue of $33.17M beats by $2.14M
Jul 26Silk Road Medical: Divergence From Alternative Risk Premia Means Lack Of Upside Capture
Jul 19Financial Position Analysis
Short Term Liabilities: SILK's short term assets ($241.0M) exceed its short term liabilities ($31.6M).
Long Term Liabilities: SILK's short term assets ($241.0M) exceed its long term liabilities ($83.6M).
Debt to Equity History and Analysis
Debt Level: SILK has more cash than its total debt.
Reducing Debt: SILK's debt to equity ratio has reduced from 53% to 49.2% 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: SILK has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: SILK has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 3.4% each year