Sanara MedTech Balance Sheet Health
Financial Health criteria checks 5/6
Sanara MedTech has a total shareholder equity of $44.6M and total debt of $9.7M, which brings its debt-to-equity ratio to 21.7%. Its total assets and total liabilities are $73.9M and $29.3M respectively.
Key information
21.7%
Debt to equity ratio
US$9.69m
Debt
| Interest coverage ratio | n/a |
| Cash | US$5.15m |
| Equity | US$44.59m |
| Total liabilities | US$29.28m |
| Total assets | US$73.87m |
Recent financial health updates
Is Sanara MedTech (NASDAQ:SMTI) Using Too Much Debt?
Nov 15
Here's Why We're Not At All Concerned With Sanara MedTech's (NASDAQ:SMTI) Cash Burn Situation
Dec 31Companies Like Sanara MedTech (NASDAQ:SMTI) Can Afford To Invest In Growth
May 18Recent updates
Is Sanara MedTech (NASDAQ:SMTI) Using Too Much Debt?
Nov 15Investors Still Waiting For A Pull Back In Sanara MedTech Inc. (NASDAQ:SMTI)
May 22Sanara MedTech Inc. (NASDAQ:SMTI) Analysts Are Pretty Bullish On The Stock After Recent Results
Mar 22Sanara MedTech: Differentiated Offering With Niche Wound Care Exposure
Sep 06Sanara MedTech reports Q2 results
Aug 15Here's Why We're Not At All Concerned With Sanara MedTech's (NASDAQ:SMTI) Cash Burn Situation
Dec 31Sanara MedTech: Technology For Faster Healing Wounds
Dec 08Sanara Medtech inks exclusive partnership with Pixalere Healthcare
Jun 04Companies Like Sanara MedTech (NASDAQ:SMTI) Can Afford To Invest In Growth
May 18Neil Cataldi From Blueprint Discusses Sanara MedTech
May 03The Sanara MedTech (NASDAQ:SMTI) Share Price Has Soared 510%, Delighting Many Shareholders
Feb 19
Is Sanara MedTech Inc. (NASDAQ:SMTI) Popular Amongst Insiders?
Dec 28Financial Position Analysis
Short Term Liabilities: SMTI's short term assets ($19.0M) exceed its short term liabilities ($13.8M).
Long Term Liabilities: SMTI's short term assets ($19.0M) exceed its long term liabilities ($15.5M).
Debt to Equity History and Analysis
Debt Level: SMTI's net debt to equity ratio (10.2%) is considered satisfactory.
Reducing Debt: SMTI's debt to equity ratio has increased from 0% to 21.7% 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: SMTI has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: SMTI has sufficient cash runway for 1.2 years if free cash flow continues to reduce at historical rates of 27.8% each year.