SofWave Medical Balance Sheet Health
Financial Health criteria checks 6/6
SofWave Medical has a total shareholder equity of $24.3M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $39.5M and $15.2M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$21.25m |
| Equity | US$24.27m |
| Total liabilities | US$15.19m |
| Total assets | US$39.46m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: SOFW.F's short term assets ($35.2M) exceed its short term liabilities ($14.5M).
Long Term Liabilities: SOFW.F's short term assets ($35.2M) exceed its long term liabilities ($661.0K).
Debt to Equity History and Analysis
Debt Level: SOFW.F is debt free.
Reducing Debt: SOFW.F had no debt 5 years ago.
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: SOFW.F has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: SOFW.F has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 6.5% each year