Guardion Health Sciences Balance Sheet Health
Financial Health criteria checks 6/6
Guardion Health Sciences has a total shareholder equity of $13.8M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $15.3M and $1.5M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$14.82m |
| Equity | US$13.75m |
| Total liabilities | US$1.55m |
| Total assets | US$15.30m |
Recent financial health updates
Recent updates
Take Care Before Jumping Onto Guardion Health Sciences, Inc. (NASDAQ:GHSI) Even Though It's 39% Cheaper
Sep 22
Market Might Still Lack Some Conviction On Guardion Health Sciences, Inc. (NASDAQ:GHSI) Even After 26% Share Price Boost
Jun 06Why Guardion Health Sciences, Inc. (NASDAQ:GHSI) Could Be Worth Watching
Apr 10Guardion Health Sciences, Inc. (NASDAQ:GHSI) Soars 46% But It's A Story Of Risk Vs Reward
Feb 06Market Cool On Guardion Health Sciences, Inc.'s (NASDAQ:GHSI) Revenues
Apr 17Guardion Health Sciences GAAP EPS of -$0.03 beats by $0.01, revenue of $3.27M beats by $0.67M
Aug 11Guardion Health closes Activ Nutritional acquisition
Jun 02Guardion Health initiates GlaucoCetin glaucoma trial
May 03The Guardion Health Sciences (NASDAQ:GHSI) Share Price Has Gained 90% And Shareholders Are Hoping For More
Jan 15Guardion Health names industry veteran Bret Scholtes as new president and CEO
Dec 28Is Guardion Health Sciences (NASDAQ:GHSI) In A Good Position To Invest In Growth?
Nov 24
Financial Position Analysis
Short Term Liabilities: GHSI's short term assets ($15.3M) exceed its short term liabilities ($917.3K).
Long Term Liabilities: GHSI's short term assets ($15.3M) exceed its long term liabilities ($631.3K).
Debt to Equity History and Analysis
Debt Level: GHSI is debt free.
Reducing Debt: GHSI 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: GHSI has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: GHSI has sufficient cash runway for 2.9 years if free cash flow continues to reduce at historical rates of 0.8% each year.