Catheter Precision Balance Sheet Health
Financial Health criteria checks 2/6
Catheter Precision has a total shareholder equity of $21.2M and total debt of $184.0K, which brings its debt-to-equity ratio to 0.9%. Its total assets and total liabilities are $30.7M and $9.5M respectively.
Key information
0.9%
Debt to equity ratio
US$184.00k
Debt
Interest coverage ratio | n/a |
Cash | US$3.57m |
Equity | US$21.19m |
Total liabilities | US$9.54m |
Total assets | US$30.74m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VTAK's short term assets ($4.2M) exceed its short term liabilities ($2.5M).
Long Term Liabilities: VTAK's short term assets ($4.2M) do not cover its long term liabilities ($7.1M).
Debt to Equity History and Analysis
Debt Level: VTAK has more cash than its total debt.
Reducing Debt: Insufficient data to determine if VTAK's debt to equity ratio has reduced over the past 5 years.
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: VTAK has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: VTAK has less than a year of cash runway if free cash flow continues to grow at historical rates of 10.3% each year.