Fuse Medical Balance Sheet Health
Financial Health criteria checks 0/6
Fuse Medical has a total shareholder equity of $-231.6K and total debt of $2.2M, which brings its debt-to-equity ratio to -958.8%. Its total assets and total liabilities are $19.3M and $19.5M respectively. Fuse Medical's EBIT is $108.0K making its interest coverage ratio 0.5. It has cash and short-term investments of $253.4K.
Key information
-958.8%
Debt to equity ratio
US$2.22m
Debt
Interest coverage ratio | 0.5x |
Cash | US$253.38k |
Equity | -US$231.63k |
Total liabilities | US$19.55m |
Total assets | US$19.32m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FZMD has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: FZMD has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: FZMD has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: FZMD's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: FZMD's debt is not well covered by operating cash flow (0.8%).
Interest Coverage: FZMD's interest payments on its debt are not well covered by EBIT (0.5x coverage).