Citius Oncology Balance Sheet Health
Financial Health criteria checks 3/6
Citius Oncology has a total shareholder equity of $17.0M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $50.0M and $33.0M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | n/a |
| Equity | US$17.03m |
| Total liabilities | US$32.98m |
| Total assets | US$50.01m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CTOR's short term assets ($10.0M) do not cover its short term liabilities ($31.4M).
Long Term Liabilities: CTOR's short term assets ($10.0M) exceed its long term liabilities ($1.6M).
Debt to Equity History and Analysis
Debt Level: CTOR is debt free.
Reducing Debt: CTOR has not had any debt for 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 CTOR has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if CTOR has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.