Marpai Balance Sheet Health
Financial Health criteria checks 2/6
Marpai has a total shareholder equity of $-13.4M and total debt of $20.0M, which brings its debt-to-equity ratio to -149%. Its total assets and total liabilities are $31.7M and $45.1M respectively.
Key information
-149.0%
Debt to equity ratio
US$20.02m
Debt
| Interest coverage ratio | n/a |
| Cash | US$1.15m |
| Equity | -US$13.44m |
| Total liabilities | US$45.12m |
| Total assets | US$31.68m |
Recent financial health updates
Recent updates
Revenues Not Telling The Story For Marpai, Inc. (NASDAQ:MRAI) After Shares Rise 30%
Apr 07
Investors Still Aren't Entirely Convinced By Marpai, Inc.'s (NASDAQ:MRAI) Revenues Despite 34% Price Jump
Feb 16Market Might Still Lack Some Conviction On Marpai, Inc. (NASDAQ:MRAI) Even After 106% Share Price Boost
Dec 19Not Many Are Piling Into Marpai, Inc. (NASDAQ:MRAI) Stock Yet As It Plummets 28%
Jun 29Marpai rallies after directors buy shares
Aug 19Marpai to acquire Maestro Health for $22.1M
Aug 04Financial Position Analysis
Short Term Liabilities: MRAI has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: MRAI 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: MRAI has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: MRAI'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: MRAI has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: MRAI is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.