Vivani Medical Balance Sheet Health
Financial Health criteria checks 6/6
Vivani Medical has a total shareholder equity of $20.8M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $45.8M and $25.0M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$20.65m |
Equity | US$20.76m |
Total liabilities | US$25.04m |
Total assets | US$45.80m |
Recent financial health updates
Is Vivani Medical (NASDAQ:VANI) In A Good Position To Invest In Growth?
Dec 23Here's Why We're Watching Vivani Medical's (NASDAQ:VANI) Cash Burn Situation
Jul 13Companies Like Vivani Medical (NASDAQ:VANI) Are In A Position To Invest In Growth
Apr 07We Think Vivani Medical (NASDAQ:VANI) Can Afford To Drive Business Growth
Dec 06Recent updates
Is Vivani Medical (NASDAQ:VANI) In A Good Position To Invest In Growth?
Dec 23Here's Why We're Watching Vivani Medical's (NASDAQ:VANI) Cash Burn Situation
Jul 13Companies Like Vivani Medical (NASDAQ:VANI) Are In A Position To Invest In Growth
Apr 07We Think Vivani Medical (NASDAQ:VANI) Can Afford To Drive Business Growth
Dec 06Financial Position Analysis
Short Term Liabilities: VANI's short term assets ($23.1M) exceed its short term liabilities ($5.7M).
Long Term Liabilities: VANI's short term assets ($23.1M) exceed its long term liabilities ($19.3M).
Debt to Equity History and Analysis
Debt Level: VANI is debt free.
Reducing Debt: VANI 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: VANI has sufficient cash runway for 10 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: VANI is forecast to have sufficient cash runway for 9 months based on free cash flow estimates, but has since raised additional capital.