Syra Health Balance Sheet Health
Financial Health criteria checks 3/6
Syra Health has a total shareholder equity of $3.3M and total debt of $240.2K, which brings its debt-to-equity ratio to 7.2%. Its total assets and total liabilities are $4.4M and $1.1M respectively.
Key information
7.2%
Debt to equity ratio
US$240.22k
Debt
| Interest coverage ratio | n/a |
| Cash | US$2.70m |
| Equity | US$3.33m |
| Total liabilities | US$1.09m |
| Total assets | US$4.43m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SYRA's short term assets ($4.1M) exceed its short term liabilities ($877.8K).
Long Term Liabilities: SYRA's short term assets ($4.1M) exceed its long term liabilities ($216.6K).
Debt to Equity History and Analysis
Debt Level: SYRA has more cash than its total debt.
Reducing Debt: Insufficient data to determine if SYRA's debt to equity ratio has reduced 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: SYRA has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: SYRA has less than a year of cash runway if free cash flow continues to reduce at historical rates of 51% each year