Scientific Industries Balance Sheet Health
Financial Health criteria checks 4/6
Scientific Industries 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 $13.3M and $2.4M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$3.03m |
| Equity | US$10.93m |
| Total liabilities | US$2.37m |
| Total assets | US$13.31m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SCND's short term assets ($9.7M) exceed its short term liabilities ($1.6M).
Long Term Liabilities: SCND's short term assets ($9.7M) exceed its long term liabilities ($761.7K).
Debt to Equity History and Analysis
Debt Level: SCND is debt free.
Reducing Debt: SCND has no debt compared to 5 years ago when its debt to equity ratio was 0.1%.
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: SCND has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: SCND has less than a year of cash runway if free cash flow continues to reduce at historical rates of 42.6% each year