Tivic Health Systems Balance Sheet Health
Financial Health criteria checks 4/6
Tivic Health Systems has a total shareholder equity of $2.8M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $3.4M and $560.0K respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$2.19m |
| Equity | US$2.83m |
| Total liabilities | US$560.00k |
| Total assets | US$3.39m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: TIVC's short term assets ($3.2M) exceed its short term liabilities ($560.0K).
Long Term Liabilities: TIVC has no long term liabilities.
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 less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: TIVC has less than a year of cash runway if free cash flow continues to reduce at historical rates of 20.7% each year