Cyclo Therapeutics Balance Sheet Health
Financial Health criteria checks 0/6
Cyclo Therapeutics has a total shareholder equity of $-13.5M and total debt of $12.2M, which brings its debt-to-equity ratio to -90.4%. Its total assets and total liabilities are $5.3M and $18.7M respectively.
Key information
-90.4%
Debt to equity ratio
US$12.18m
Debt
| Interest coverage ratio | n/a |
| Cash | US$928.01k |
| Equity | -US$13.47m |
| Total liabilities | US$18.73m |
| Total assets | US$5.25m |
Recent financial health updates
Here's Why We're A Bit Worried About Cyclo Therapeutics' (NASDAQ:CYTH) Cash Burn Situation
Jul 12
We're A Little Worried About Cyclo Therapeutics' (NASDAQ:CYTH) Cash Burn Rate
Jan 20Will Cyclo Therapeutics (NASDAQ:CYTH) Spend Its Cash Wisely?
Sep 28We're Keeping An Eye On Cyclo Therapeutics' (NASDAQ:CYTH) Cash Burn Rate
Jun 12Recent updates
Cyclo Therapeutics GAAP EPS of -$0.41 beats by $0.12, revenue of $0.54M misses by $0.08M
Aug 16Here's Why We're A Bit Worried About Cyclo Therapeutics' (NASDAQ:CYTH) Cash Burn Situation
Jul 12We're A Little Worried About Cyclo Therapeutics' (NASDAQ:CYTH) Cash Burn Rate
Jan 20Cyclo Therapeutics: Addressing The Fundamentals Of Alzheimer's Disease
Nov 16Will Cyclo Therapeutics (NASDAQ:CYTH) Spend Its Cash Wisely?
Sep 28Cyclo therapeutics to join Russell 2000 Index
Jun 14We're Keeping An Eye On Cyclo Therapeutics' (NASDAQ:CYTH) Cash Burn Rate
Jun 12Cyclo Therapeutics posts design protocol of pivotal late-stage study of Trappsol Cyclo
Apr 27Financial Position Analysis
Short Term Liabilities: CYTH has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: CYTH has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: CYTH has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: CYTH's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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: CYTH has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: CYTH has less than a year of cash runway if free cash flow continues to reduce at historical rates of 24% each year