Neuronetics Balance Sheet Health
Financial Health criteria checks 5/6
Neuronetics has a total shareholder equity of $34.2M and total debt of $59.3M, which brings its debt-to-equity ratio to 173.4%. Its total assets and total liabilities are $115.8M and $81.6M respectively.
Key information
173.4%
Debt to equity ratio
US$59.28m
Debt
| Interest coverage ratio | n/a |
| Cash | US$59.68m |
| Equity | US$34.19m |
| Total liabilities | US$81.64m |
| Total assets | US$115.83m |
Recent financial health updates
Does Neuronetics (NASDAQ:STIM) Have A Healthy Balance Sheet?
May 10
Is Neuronetics (NASDAQ:STIM) Using Debt Sensibly?
Sep 06Is Neuronetics (NASDAQ:STIM) A Risky Investment?
Jun 08Is Neuronetics (NASDAQ:STIM) Weighed On By Its Debt Load?
Jan 19Is Neuronetics (NASDAQ:STIM) Using Debt In A Risky Way?
Oct 14Recent updates
Even With A 26% Surge, Cautious Investors Are Not Rewarding Neuronetics, Inc.'s (NASDAQ:STIM) Performance Completely
Mar 17Neuronetics: Modest Improvements Are Not Enough
Jan 30Neuronetics, Inc. (NASDAQ:STIM) Soars 61% But It's A Story Of Risk Vs Reward
Dec 19Neuronetics, Inc.'s (NASDAQ:STIM) Shares Not Telling The Full Story
Jun 21Does Neuronetics (NASDAQ:STIM) Have A Healthy Balance Sheet?
May 10Neuronetics: Growth To Capture, But Fairly Priced
Sep 06Is Neuronetics (NASDAQ:STIM) Using Debt Sensibly?
Sep 06Neuronetics gets FDA nod for its D-Tect accessory product for use to treat depression
Aug 29Neuronetics GAAP EPS of -$0.39 beats by $0.02, revenue of $16.3M beats by $0.84M , revises FY guidance
Aug 02Neuronetics stock soars 30% as FDA clears NeuroStar system for anxious depression
Jul 19Is Neuronetics (NASDAQ:STIM) A Risky Investment?
Jun 08Is Neuronetics (NASDAQ:STIM) Weighed On By Its Debt Load?
Jan 19Is Neuronetics (NASDAQ:STIM) Using Debt In A Risky Way?
Oct 14Financial Position Analysis
Short Term Liabilities: STIM's short term assets ($93.8M) exceed its short term liabilities ($19.8M).
Long Term Liabilities: STIM's short term assets ($93.8M) exceed its long term liabilities ($61.8M).
Debt to Equity History and Analysis
Debt Level: STIM has more cash than its total debt.
Reducing Debt: STIM's debt to equity ratio has increased from 42.8% to 173.4% 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: STIM has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: STIM has sufficient cash runway for 1.7 years if free cash flow continues to reduce at historical rates of 12.2% each year.