Milestone Scientific Balance Sheet Health
Financial Health criteria checks 6/6
Milestone Scientific has a total shareholder equity of $7.2M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $11.2M and $4.0M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$4.78m |
| Equity | US$7.22m |
| Total liabilities | US$3.95m |
| Total assets | US$11.17m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: MLSS's short term assets ($10.7M) exceed its short term liabilities ($3.8M).
Long Term Liabilities: MLSS's short term assets ($10.7M) exceed its long term liabilities ($195.6K).
Debt to Equity History and Analysis
Debt Level: MLSS is debt free.
Reducing Debt: MLSS 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: MLSS has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: MLSS has sufficient cash runway for 1.4 years if free cash flow continues to reduce at historical rates of 12.4% each year.