Itaconix Balance Sheet Health
Financial Health criteria checks 6/6
Itaconix has a total shareholder equity of $10.2M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $13.5M and $3.3M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$6.72m |
| Equity | US$10.17m |
| Total liabilities | US$3.31m |
| Total assets | US$13.48m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ITXX.F's short term assets ($9.4M) exceed its short term liabilities ($1.5M).
Long Term Liabilities: ITXX.F's short term assets ($9.4M) exceed its long term liabilities ($1.8M).
Debt to Equity History and Analysis
Debt Level: ITXX.F is debt free.
Reducing Debt: ITXX.F has no debt compared to 5 years ago when its debt to equity ratio was 0%.
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: ITXX.F has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: ITXX.F has sufficient cash runway for 1.5 years if free cash flow continues to grow at historical rates of 25.3% each year.