Surgalign Holdings Balance Sheet Health
Financial Health criteria checks 0/6
Surgalign Holdings has a total shareholder equity of $-18.9M and total debt of $10.2M, which brings its debt-to-equity ratio to -54.1%. Its total assets and total liabilities are $67.7M and $86.6M respectively.
Key information
-54.1%
Debt to equity ratio
US$10.24m
Debt
| Interest coverage ratio | n/a |
| Cash | US$22.43m |
| Equity | -US$18.93m |
| Total liabilities | US$86.65m |
| Total assets | US$67.71m |
Recent financial health updates
Recent updates
Surgalign stock rises 7% after receiving FDA clearance of Cortera spinal fixation system
Aug 24Surgalign revenue of $20.62M misses by $0.51M, reconfirms full-year revenue
Aug 09Surgalign Holdings - A Future Of Digital Surgery
Dec 21Sizing Up Surgalign
Sep 23Surgalign Holdings: Insiders Are Buying
Aug 28Surgalign Holdings: Pinocchio Has A Happy Ending
Aug 10Surgalign Holdings: A Marketing Ploy
Jun 29Surgalign reports inducement grants under Nasdaq listing rule
Jun 04Have Insiders Been Buying Surgalign Holdings, Inc. (NASDAQ:SRGA) Shares?
Mar 08
Surgalign Holdings : Strong Upside Potential
Jan 11Financial Position Analysis
Short Term Liabilities: SRGA.Q has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: SRGA.Q has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: SRGA.Q has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: SRGA.Q's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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: SRGA.Q has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: SRGA.Q has less than a year of cash runway if free cash flow continues to reduce at historical rates of 35.2% each year