STRATA Skin Sciences Balance Sheet Health
Financial Health criteria checks 3/6
STRATA Skin Sciences has a total shareholder equity of $9.3M and total debt of $15.2M, which brings its debt-to-equity ratio to 162.2%. Its total assets and total liabilities are $40.2M and $30.9M respectively.
Key information
162.2%
Debt to equity ratio
US$15.15m
Debt
| Interest coverage ratio | n/a |
| Cash | US$7.06m |
| Equity | US$9.34m |
| Total liabilities | US$30.86m |
| Total assets | US$40.21m |
Recent financial health updates
Is STRATA Skin Sciences (NASDAQ:SSKN) Weighed On By Its Debt Load?
Aug 07
Is STRATA Skin Sciences (NASDAQ:SSKN) Using Debt In A Risky Way?
Mar 19Health Check: How Prudently Does STRATA Skin Sciences (NASDAQ:SSKN) Use Debt?
Nov 03We Think STRATA Skin Sciences (NASDAQ:SSKN) Has A Fair Chunk Of Debt
Jul 04Is STRATA Skin Sciences (NASDAQ:SSKN) Using Debt Sensibly?
Jan 14Recent updates
Investors Don't See Light At End Of STRATA Skin Sciences, Inc.'s (NASDAQ:SSKN) Tunnel And Push Stock Down 30%
Aug 18Is STRATA Skin Sciences (NASDAQ:SSKN) Weighed On By Its Debt Load?
Aug 07STRATA Skin Sciences, Inc.'s (NASDAQ:SSKN) Shares Lagging The Industry But So Is The Business
Jun 07Is STRATA Skin Sciences (NASDAQ:SSKN) Using Debt In A Risky Way?
Mar 19STRATA Skin Sciences, Inc.'s (NASDAQ:SSKN) Price Is Right But Growth Is Lacking After Shares Rocket 25%
Dec 31Health Check: How Prudently Does STRATA Skin Sciences (NASDAQ:SSKN) Use Debt?
Nov 03We Think STRATA Skin Sciences (NASDAQ:SSKN) Has A Fair Chunk Of Debt
Jul 04STRATA Skin Sciences, Inc. (NASDAQ:SSKN) Stock Rockets 26% But Many Are Still Ignoring The Company
Apr 18Is STRATA Skin Sciences (NASDAQ:SSKN) Using Debt Sensibly?
Jan 14STRATA Skin Sciences GAAP EPS of -$0.05 in-line, revenue of $9.1M beats by $0.96M
Aug 10Strata Skin stock soars ~18% after hours on U.S. commercial launch of acne treatment
Jul 25What Type Of Returns Would STRATA Skin Sciences'(NASDAQ:SSKN) Shareholders Have Earned If They Purchased Their SharesFive Years Ago?
Mar 09Reflecting on STRATA Skin Sciences' (NASDAQ:SSKN) Share Price Returns Over The Last Five Years
Nov 24
Financial Position Analysis
Short Term Liabilities: SSKN's short term assets ($15.9M) exceed its short term liabilities ($14.0M).
Long Term Liabilities: SSKN's short term assets ($15.9M) do not cover its long term liabilities ($16.8M).
Debt to Equity History and Analysis
Debt Level: SSKN's net debt to equity ratio (86.6%) is considered high.
Reducing Debt: SSKN's debt to equity ratio has increased from 26% to 162.2% 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: SSKN has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: SSKN has sufficient cash runway for 2.2 years if free cash flow continues to reduce at historical rates of 49.3% each year.