Sonendo Balance Sheet Health
Financial Health criteria checks 3/6
Sonendo has a total shareholder equity of $11.0M and total debt of $16.9M, which brings its debt-to-equity ratio to 154%. Its total assets and total liabilities are $38.1M and $27.2M respectively.
Key information
154.0%
Debt to equity ratio
US$16.88m
Debt
| Interest coverage ratio | n/a |
| Cash | US$17.28m |
| Equity | US$10.97m |
| Total liabilities | US$27.17m |
| Total assets | US$38.13m |
Recent financial health updates
Recent updates
Analysts Have Just Cut Their Sonendo, Inc. (NYSE:SONX) Revenue Estimates By 18%
Nov 10
A Piece Of The Puzzle Missing From Sonendo, Inc.'s (NYSE:SONX) Share Price
Apr 19Sonendo unit PIPStek files patent infringement lawsuit against Biolase
Jan 04GAAP EPS of -$0.47 misses by $0.08, revenue of $9.8M beats by $0.49M
Nov 09Sonendo announces $63 million private placement
Sep 23Sonendo: Painful Debut For This Dental Play
Nov 07Financial Position Analysis
Short Term Liabilities: SONX.D's short term assets ($34.7M) exceed its short term liabilities ($19.1M).
Long Term Liabilities: SONX.D's short term assets ($34.7M) exceed its long term liabilities ($8.1M).
Debt to Equity History and Analysis
Debt Level: SONX.D has more cash than its total debt.
Reducing Debt: Insufficient data to determine if SONX.D's debt to equity ratio has reduced 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: SONX.D has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: SONX.D has less than a year of cash runway if free cash flow continues to grow at historical rates of 1.7% each year.