Sharps Technology Balance Sheet Health
Financial Health criteria checks 4/6
Sharps Technology has a total shareholder equity of $7.9M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $11.8M and $3.9M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$3.01m |
Equity | US$7.93m |
Total liabilities | US$3.85m |
Total assets | US$11.79m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: STSS's short term assets ($4.8M) exceed its short term liabilities ($3.7M).
Long Term Liabilities: STSS's short term assets ($4.8M) exceed its long term liabilities ($162.0K).
Debt to Equity History and Analysis
Debt Level: STSS is debt free.
Reducing Debt: STSS had no debt 5 years ago.
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: STSS has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: STSS has less than a year of cash runway if free cash flow continues to reduce at historical rates of 38% each year