Asensus Surgical Balance Sheet Health
Financial Health criteria checks 4/6
Asensus Surgical has a total shareholder equity of $33.4M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $59.1M and $25.7M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$21.07m |
Equity | US$33.41m |
Total liabilities | US$25.67m |
Total assets | US$59.09m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ASXC's short term assets ($36.4M) exceed its short term liabilities ($12.6M).
Long Term Liabilities: ASXC's short term assets ($36.4M) exceed its long term liabilities ($13.0M).
Debt to Equity History and Analysis
Debt Level: ASXC is debt free.
Reducing Debt: ASXC has no debt compared to 5 years ago when its debt to equity ratio was 17.2%.
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: ASXC has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ASXC has less than a year of cash runway if free cash flow continues to reduce at historical rates of 2.1% each year