Carmell Balance Sheet Health
Financial Health criteria checks 5/6
Carmell has a total shareholder equity of $24.7M and total debt of $1.3M, which brings its debt-to-equity ratio to 5.2%. Its total assets and total liabilities are $63.9M and $39.2M respectively.
Key information
5.2%
Debt to equity ratio
US$1.29m
Debt
Interest coverage ratio | n/a |
Cash | US$2.91m |
Equity | US$24.75m |
Total liabilities | US$39.20m |
Total assets | US$63.95m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: CTCX's short term assets ($62.9M) exceed its short term liabilities ($38.5M).
Long Term Liabilities: CTCX's short term assets ($62.9M) exceed its long term liabilities ($697.7K).
Debt to Equity History and Analysis
Debt Level: CTCX has more cash than its total debt.
Reducing Debt: Insufficient data to determine if CTCX's debt to equity ratio has reduced 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: CTCX has sufficient cash runway for 4 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: CTCX is forecast to have sufficient cash runway for 3 months based on free cash flow estimates, but has since raised additional capital.