Myomo Balance Sheet Health
Financial Health criteria checks 6/6
Myomo has a total shareholder equity of $10.9M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $16.5M and $5.6M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$10.96m |
Equity | US$10.90m |
Total liabilities | US$5.62m |
Total assets | US$16.52m |
Financial Position Analysis
Short Term Liabilities: MYO's short term assets ($15.7M) exceed its short term liabilities ($5.6M).
Long Term Liabilities: MYO's short term assets ($15.7M) exceed its long term liabilities ($64.6K).
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 sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: MYO has sufficient cash runway for 1.3 years if free cash flow continues to grow at historical rates of 2.7% each year.