Journey Medical Balance Sheet Health
Financial Health criteria checks 3/6
Journey Medical has a total shareholder equity of $10.9M and total debt of $21.0M, which brings its debt-to-equity ratio to 192.5%. Its total assets and total liabilities are $64.0M and $53.1M respectively.
Key information
192.5%
Debt to equity ratio
US$21.04m
Debt
| Interest coverage ratio | n/a |
| Cash | US$22.46m |
| Equity | US$10.93m |
| Total liabilities | US$53.12m |
| Total assets | US$64.04m |
Recent financial health updates
Here's Why Journey Medical (NASDAQ:DERM) Has A Meaningful Debt Burden
Sep 14
Does Journey Medical (NASDAQ:DERM) Have A Healthy Balance Sheet?
May 06Recent updates
Journey Medical Corporation (NASDAQ:DERM) Shares Fly 31% But Investors Aren't Buying For Growth
Oct 03Here's Why Journey Medical (NASDAQ:DERM) Has A Meaningful Debt Burden
Sep 14Does Journey Medical (NASDAQ:DERM) Have A Healthy Balance Sheet?
May 06Journey Medical Corporation (NASDAQ:DERM) Not Doing Enough For Some Investors As Its Shares Slump 31%
Mar 11Journey Medical Corporation's (NASDAQ:DERM) 33% Dip In Price Shows Sentiment Is Matching Revenues
Jan 18Journey Medical Corporation's (NASDAQ:DERM) Price Is Right But Growth Is Lacking After Shares Rocket 26%
Nov 10US$12.00: That's What Analysts Think Journey Medical Corporation (NASDAQ:DERM) Is Worth After Its Latest Results
May 12Financial Position Analysis
Short Term Liabilities: DERM's short term assets ($46.2M) exceed its short term liabilities ($33.3M).
Long Term Liabilities: DERM's short term assets ($46.2M) exceed its long term liabilities ($19.8M).
Debt to Equity History and Analysis
Debt Level: DERM has more cash than its total debt.
Reducing Debt: Insufficient data to determine if DERM'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: DERM has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: DERM has less than a year of cash runway if free cash flow continues to reduce at historical rates of 19.9% each year