ViewRay Balance Sheet Health
Financial Health criteria checks 3/6
ViewRay has a total shareholder equity of $55.3M and total debt of $77.8M, which brings its debt-to-equity ratio to 140.7%. Its total assets and total liabilities are $233.2M and $177.9M respectively.
Key information
140.7%
Debt to equity ratio
US$77.76m
Debt
Interest coverage ratio | n/a |
Cash | US$81.29m |
Equity | US$55.26m |
Total liabilities | US$177.90m |
Total assets | US$233.16m |
Recent financial health updates
Recent updates
Market Cool On ViewRay, Inc.'s (NASDAQ:VRAY) Revenues Pushing Shares 63% Lower
Apr 17Health Check: How Prudently Does ViewRay (NASDAQ:VRAY) Use Debt?
Dec 24ViewRay MRI-guided radiation therapy selected by SUNY upstate cancer center
Oct 06ViewRay's MRI-guided radiation therapy gets approval in China
Sep 07ViewRay MRI-guided radiation therapy selected by VA Houston Healthcare System
Aug 23ViewRay: Insider Buying In This $3 Stock
May 15Health Check: How Prudently Does ViewRay (NASDAQ:VRAY) Use Debt?
Apr 22Is ViewRay (NASDAQ:VRAY) Using Debt Sensibly?
Aug 09ViewRay, Inc. 2021 Q1 - Results - Earnings Call Presentation
May 08Read This Before Selling ViewRay, Inc. (NASDAQ:VRAY) Shares
Mar 03How Many ViewRay, Inc. (NASDAQ:VRAY) Shares Do Institutions Own?
Jan 27ViewRay rallies premarket on Q4 preliminary revenue
Jan 04ViewRay's (NASDAQ:VRAY) Stock Price Has Reduced 56% In The Past Three Years
Dec 22ViewRay +10.6% on CEO acquiring shares
Nov 12Financial Position Analysis
Short Term Liabilities: VRAY.Q's short term assets ($193.6M) exceed its short term liabilities ($166.8M).
Long Term Liabilities: VRAY.Q's short term assets ($193.6M) exceed its long term liabilities ($11.1M).
Debt to Equity History and Analysis
Debt Level: VRAY.Q has more cash than its total debt.
Reducing Debt: VRAY.Q's debt to equity ratio has increased from 77.3% to 140.7% 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: VRAY.Q has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: VRAY.Q has less than a year of cash runway if free cash flow continues to reduce at historical rates of 2% each year