Harrow Balance Sheet Health
Financial Health criteria checks 3/6
Harrow has a total shareholder equity of $57.6M and total debt of $186.1M, which brings its debt-to-equity ratio to 322.9%. Its total assets and total liabilities are $351.5M and $293.9M respectively.
Key information
322.9%
Debt to equity ratio
US$186.06m
Debt
| Interest coverage ratio | n/a |
| Cash | US$74.05m |
| Equity | US$57.62m |
| Total liabilities | US$293.92m |
| Total assets | US$351.54m |
Recent financial health updates
These 4 Measures Indicate That Harrow Health (NASDAQ:HROW) Is Using Debt Extensively
Aug 11
Does 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: Spotlight On IHEEZO
Nov 16Harrow's Focus - Reviving Old Drugs In A Crowded Market
Oct 02Harrow: 3 Business Models, One Mission
Sep 10Borrowing Cash To Burn It: The Curious Case Of Harrow
Aug 21Harrow: 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 24Financial Position Analysis
Short Term Liabilities: HROW's short term assets ($147.1M) exceed its short term liabilities ($95.0M).
Long Term Liabilities: HROW's short term assets ($147.1M) do not cover its long term liabilities ($198.9M).
Debt to Equity History and Analysis
Debt Level: HROW's net debt to equity ratio (194.4%) is considered high.
Reducing Debt: HROW's debt to equity ratio has increased from 58.5% to 322.9% 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: Whilst unprofitable HROW has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: HROW is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 51.9% per year.