Milestone Scientific Balance Sheet Health
Financial Health criteria checks 6/6
Milestone Scientific has a total shareholder equity of $8.0M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $11.4M and $3.4M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$5.95m |
Equity | US$8.01m |
Total liabilities | US$3.36m |
Total assets | US$11.37m |
Recent financial health updates
No updates
Recent updates
Did You Miss Milestone Scientific's (NYSEMKT:MLSS) Whopping 317% Share Price Gain?
Feb 23Here's What Milestone Scientific Inc.'s (NYSEMKT:MLSS) Shareholder Ownership Structure Looks Like
Dec 15Earnings Update: Here's Why Analysts Just Lifted Their Milestone Scientific Inc. (NYSEMKT:MLSS) Price Target To US$4.00
Nov 19Financial Position Analysis
Short Term Liabilities: MLSS's short term assets ($10.8M) exceed its short term liabilities ($3.1M).
Long Term Liabilities: MLSS's short term assets ($10.8M) exceed its long term liabilities ($282.3K).
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 years if free cash flow continues to reduce at historical rates of 23% each year.