Motus GI Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Motus GI Holdings has a total shareholder equity of $3.1M and total debt of $2.3M, which brings its debt-to-equity ratio to 75%. Its total assets and total liabilities are $7.1M and $4.0M respectively.
Key information
75.0%
Debt to equity ratio
US$2.30m
Debt
Interest coverage ratio | n/a |
Cash | US$4.94m |
Equity | US$3.07m |
Total liabilities | US$4.00m |
Total assets | US$7.07m |
Recent financial health updates
Recent updates
Motus GI regains compliance with minimum bid price requirement
Aug 11Motus GI Holdings announces 1-for-20 reverse stock split to satisfy Nasdaq's minimum bid requirement
Jul 25Motus GI starts enrollment in Pure-Vu System EU study
Jun 16Motus GI shares rocket 55% on FDA 510(k) clearance of Pure-Vu System
Apr 30Here's Why Motus GI Holdings (NASDAQ:MOTS) Can Manage Its Debt Despite Losing Money
Mar 02Financial Position Analysis
Short Term Liabilities: MOTS's short term assets ($5.8M) exceed its short term liabilities ($3.3M).
Long Term Liabilities: MOTS's short term assets ($5.8M) exceed its long term liabilities ($690.0K).
Debt to Equity History and Analysis
Debt Level: MOTS has more cash than its total debt.
Reducing Debt: MOTS's debt to equity ratio has increased from 0% to 75% 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: MOTS has sufficient cash runway for 7 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: MOTS is forecast to have sufficient cash runway for 6 months based on free cash flow estimates, but has since raised additional capital.