ALT5 Sigma Balance Sheet Health
Financial Health criteria checks 1/6
ALT5 Sigma has a total shareholder equity of $7.6M and total debt of $2.9M, which brings its debt-to-equity ratio to 38.1%. Its total assets and total liabilities are $18.6M and $10.9M respectively.
Key information
38.1%
Debt to equity ratio
US$2.91m
Debt
| Interest coverage ratio | n/a |
| Cash | US$61.00k |
| Equity | US$7.63m |
| Total liabilities | US$10.95m |
| Total assets | US$18.58m |
Recent financial health updates
Recent updates
JanOne Inc.'s (NASDAQ:JAN) Share Price Boosted 153% But Its Business Prospects Need A Lift Too
Mar 31
JanOne Inc. (NASDAQ:JAN) Stock Catapults 75% Though Its Price And Business Still Lag The Industry
Feb 14Shareholders May Be A Bit More Conservative With JanOne Inc.'s (NASDAQ:JAN) CEO Compensation For Now
Oct 03JanOne to acquire Soin Therapeutics
Sep 16Does JanOne (NASDAQ:JAN) Have A Healthy Balance Sheet?
Aug 17Health Check: How Prudently Does JanOne (NASDAQ:JAN) Use Debt?
Mar 21Is JanOne (NASDAQ:JAN) Using Debt In A Risky Way?
Nov 19JanOne adds Nicholas Goeders to scientific advisory board
Jun 15JanOne advances toward initiation of mid-stage peripheral artery disease trial
Jun 08JanOne under pressure on pricing $6M stock offering
Jan 29Financial Position Analysis
Short Term Liabilities: ALTS's short term assets ($1.2M) do not cover its short term liabilities ($8.1M).
Long Term Liabilities: ALTS's short term assets ($1.2M) do not cover its long term liabilities ($2.9M).
Debt to Equity History and Analysis
Debt Level: ALTS's net debt to equity ratio (37.3%) is considered satisfactory.
Reducing Debt: ALTS's debt to equity ratio has increased from 0.5% to 38.1% 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: Insufficient data to determine if ALTS has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if ALTS has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.