Sonendo Balance Sheet Health
Financial Health criteria checks 3/6
Sonendo has a total shareholder equity of $28.4M and total debt of $37.4M, which brings its debt-to-equity ratio to 131.5%. Its total assets and total liabilities are $78.2M and $49.7M respectively.
Key information
131.5%
Debt to equity ratio
US$37.37m
Debt
| Interest coverage ratio | n/a |
| Cash | US$46.78m |
| Equity | US$28.42m |
| Total liabilities | US$49.74m |
| Total assets | US$78.16m |
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's short term assets ($65.3M) exceed its short term liabilities ($35.3M).
Long Term Liabilities: SONX's short term assets ($65.3M) exceed its long term liabilities ($14.4M).
Debt to Equity History and Analysis
Debt Level: SONX has more cash than its total debt.
Reducing Debt: Insufficient data to determine if SONX'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 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: SONX has less than a year of cash runway if free cash flow continues to reduce at historical rates of 6.8% each year