Myomo Balance Sheet Health
Financial Health criteria checks 4/6
Myomo has a total shareholder equity of $9.7M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $16.2M and $6.5M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$8.98m |
| Equity | US$9.68m |
| Total liabilities | US$6.51m |
| Total assets | US$16.19m |
Financial Position Analysis
Short Term Liabilities: MYO's short term assets ($15.1M) exceed its short term liabilities ($6.5M).
Long Term Liabilities: MYO's short term assets ($15.1M) exceed its long term liabilities ($47.3K).
Debt to Equity History and Analysis
Debt Level: MYO is debt free.
Reducing Debt: MYO 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: MYO has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if MYO has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.