Sanara MedTech Balance Sheet Health
Financial Health criteria checks 5/6
Sanara MedTech has a total shareholder equity of $39.5M and total debt of $30.1M, which brings its debt-to-equity ratio to 76.2%. Its total assets and total liabilities are $88.5M and $49.1M respectively.
Key information
76.2%
Debt to equity ratio
US$30.08m
Debt
| Interest coverage ratio | n/a |
| Cash | US$16.28m |
| Equity | US$39.45m |
| Total liabilities | US$49.09m |
| Total assets | US$88.55m |
Recent financial health updates
Here's Why Sanara MedTech (NASDAQ:SMTI) Can Afford Some Debt
Aug 14
Is Sanara MedTech (NASDAQ:SMTI) Using Too Much Debt?
Nov 15Here'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
US$44.00: That's What Analysts Think Sanara MedTech Inc. (NASDAQ:SMTI) Is Worth After Its Latest Results
Nov 15Sanara MedTech Inc. (NASDAQ:SMTI) Looks Just Right With A 28% Price Jump
Sep 05Here's Why Sanara MedTech (NASDAQ:SMTI) Can Afford Some Debt
Aug 14Sanara MedTech Inc.'s (NASDAQ:SMTI) Shares Not Telling The Full Story
May 23Is 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 ($31.9M) exceed its short term liabilities ($14.3M).
Long Term Liabilities: SMTI's short term assets ($31.9M) do not cover its long term liabilities ($34.8M).
Debt to Equity History and Analysis
Debt Level: SMTI's net debt to equity ratio (35%) is considered satisfactory.
Reducing Debt: SMTI had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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 3 years based on its current free cash flow.
Forecast Cash Runway: SMTI has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 12.1% each year