Harrow Balance Sheet Health
Financial Health criteria checks 2/6
Harrow has a total shareholder equity of $60.2M and total debt of $184.1M, which brings its debt-to-equity ratio to 305.9%. Its total assets and total liabilities are $295.5M and $235.3M respectively.
Key information
305.9%
Debt to equity ratio
US$184.15m
Debt
Interest coverage ratio | n/a |
Cash | US$78.12m |
Equity | US$60.21m |
Total liabilities | US$235.33m |
Total assets | US$295.54m |
Recent financial health updates
These 4 Measures Indicate That Harrow Health (NASDAQ:HROW) Is Using Debt Extensively
Aug 11Does Harrow Health (NASDAQ:HROW) Have A Healthy Balance Sheet?
May 12Is Harrow Health (NASDAQ:HROW) A Risky Investment?
Dec 15Does Harrow Health (NASDAQ:HROW) Have A Healthy Balance Sheet?
Aug 24Recent updates
Harrow: The Bull Thesis Is On Track, But Short-Term Challenges Loom
May 02Harrow's Drug Iheezo Is Off To A Great Start
Feb 19Harrow: Temporary Disruption In Stock Price Creates Excellent Opportunity
Jan 30Harrow sells non‑ophthalmic compounding business, terms undisclosed
Oct 05Harrow Health soars ~27% on FDA nod of anesthesia gel for the surface of the eye
Sep 27SRK Capital - Harrow Health: Market Missing The Forest For The Trees
Aug 19These 4 Measures Indicate That Harrow Health (NASDAQ:HROW) Is Using Debt Extensively
Aug 11Buy Deep Moated, Fast Growing, Superbly Managed Harrow Health Ahead Of New Product Launch
May 23Does Harrow Health (NASDAQ:HROW) Have A Healthy Balance Sheet?
May 12Is Harrow Health (NASDAQ:HROW) A Risky Investment?
Dec 15Does Harrow Health (NASDAQ:HROW) Have A Healthy Balance Sheet?
Aug 24Harrow Health prices 8.625% senior notes due 2026
Jun 15Harrow Health: An 8.3% Baby Bond Yield With Low Balance Sheet Leverage
May 28Shareholders Shouldn’t Be Too Comfortable With Harrow Health's (NASDAQ:HROW) Strong Earnings
May 18Harrow Health, Inc. (NASDAQ:HROW) Just Reported And Analysts Have Been Lifting Their Price Targets
Mar 11Financial Position Analysis
Short Term Liabilities: HROW's short term assets ($125.5M) exceed its short term liabilities ($41.8M).
Long Term Liabilities: HROW's short term assets ($125.5M) do not cover its long term liabilities ($193.6M).
Debt to Equity History and Analysis
Debt Level: HROW's net debt to equity ratio (176.1%) is considered high.
Reducing Debt: HROW's debt to equity ratio has increased from 37.5% to 305.9% 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: HROW has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if HROW has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.