Tenon Medical Balance Sheet Health
Financial Health criteria checks 4/6
Tenon Medical has a total shareholder equity of $8.2M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $13.0M and $4.8M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$9.16m |
| Equity | US$8.19m |
| Total liabilities | US$4.85m |
| Total assets | US$13.04m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: TNON's short term assets ($11.2M) exceed its short term liabilities ($3.2M).
Long Term Liabilities: TNON's short term assets ($11.2M) exceed its long term liabilities ($1.7M).
Debt to Equity History and Analysis
Debt Level: TNON is debt free.
Reducing Debt: TNON 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: TNON has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: TNON has less than a year of cash runway if free cash flow continues to reduce at historical rates of 42.2% each year