Tivic Health Systems Balance Sheet Health
Financial Health criteria checks 6/6
Tivic Health Systems has a total shareholder equity of $2.2M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $3.3M and $1.1M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$1.67m |
| Equity | US$2.15m |
| Total liabilities | US$1.13m |
| Total assets | US$3.29m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: TIVC's short term assets ($2.8M) exceed its short term liabilities ($992.0K).
Long Term Liabilities: TIVC's short term assets ($2.8M) exceed its long term liabilities ($141.0K).
Debt to Equity History and Analysis
Debt Level: TIVC is debt free.
Reducing Debt: TIVC 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: TIVC has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: TIVC is forecast to have sufficient cash runway for 3 months based on free cash flow estimates, but has since raised additional capital.