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 ration/a
CashUS$4.94m
EquityUS$3.07m
Total liabilitiesUS$4.00m
Total assetsUS$7.07m

Recent financial health updates

Recent updates

Motus GI regains compliance with minimum bid price requirement

Aug 11

Motus GI Holdings announces 1-for-20 reverse stock split to satisfy Nasdaq's minimum bid requirement

Jul 25

Motus GI starts enrollment in Pure-Vu System EU study

Jun 16

Motus GI shares rocket 55% on FDA 510(k) clearance of Pure-Vu System

Apr 30

Here's Why Motus GI Holdings (NASDAQ:MOTS) Can Manage Its Debt Despite Losing Money

Mar 02
Here's Why Motus GI Holdings (NASDAQ:MOTS) Can Manage Its Debt Despite Losing Money

Financial 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.


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