CervoMed Balance Sheet Health
Financial Health criteria checks 6/6
CervoMed has a total shareholder equity of $45.6M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $48.9M and $3.2M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$46.66m |
| Equity | US$45.64m |
| Total liabilities | US$3.25m |
| Total assets | US$48.88m |
Financial Position Analysis
Short Term Liabilities: CRVO's short term assets ($48.8M) exceed its short term liabilities ($3.2M).
Long Term Liabilities: CRVO has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: CRVO is debt free.
Reducing Debt: CRVO 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: CRVO has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: CRVO has sufficient cash runway for 1.5 years if free cash flow continues to reduce at historical rates of 41.3% each year.