Elevai Labs Balance Sheet Health
Financial Health criteria checks 4/6
Elevai Labs has a total shareholder equity of $3.8M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $5.2M and $1.4M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$3.33m |
Equity | US$3.83m |
Total liabilities | US$1.36m |
Total assets | US$5.19m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ELAB's short term assets ($4.9M) exceed its short term liabilities ($1.3M).
Long Term Liabilities: ELAB's short term assets ($4.9M) exceed its long term liabilities ($65.5K).
Debt to Equity History and Analysis
Debt Level: ELAB is debt free.
Reducing Debt: ELAB 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: ELAB has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ELAB has less than a year of cash runway if free cash flow continues to reduce at historical rates of 58.7% each year