ImmuCell Balance Sheet Health
Financial Health criteria checks 3/6
ImmuCell has a total shareholder equity of $25.0M and total debt of $12.0M, which brings its debt-to-equity ratio to 47.9%. Its total assets and total liabilities are $43.8M and $18.8M respectively.
Key information
47.9%
Debt to equity ratio
US$11.97m
Debt
| Interest coverage ratio | n/a |
| Cash | US$978.74k |
| Equity | US$24.99m |
| Total liabilities | US$18.82m |
| Total assets | US$43.81m |
Recent financial health updates
ImmuCell (NASDAQ:ICCC) Is Making Moderate Use Of Debt
Aug 10
Health Check: How Prudently Does ImmuCell (NASDAQ:ICCC) Use Debt?
Sep 15Is ImmuCell (NASDAQ:ICCC) Using Too Much Debt?
Mar 15Recent updates
ImmuCell (NASDAQ:ICCC) Is Making Moderate Use Of Debt
Aug 10Insufficient Growth At ImmuCell Corporation (NASDAQ:ICCC) Hampers Share Price
May 27ImmuCell GAAP EPS of -$0.09, revenue of $3.86M
Aug 11ImmuCell announces preliminary 2Q sales of $3.9M
Jul 07Health Check: How Prudently Does ImmuCell (NASDAQ:ICCC) Use Debt?
Sep 15Why We Think Shareholders May Be Considering Bumping Up ImmuCell Corporation's (NASDAQ:ICCC) CEO Compensation
Jun 10Is ImmuCell (NASDAQ:ICCC) Using Too Much Debt?
Mar 15Does ImmuCell's (NASDAQ:ICCC) Share Price Gain of 38% Match Its Business Performance?
Jan 22ImmuCell reports FY20 preliminary sales
Jan 07ImmuCell restructures its bank debt
Dec 15ImmuCell EPS beats by $0.04, beats on revenue
Nov 12Financial Position Analysis
Short Term Liabilities: ICCC's short term assets ($11.5M) exceed its short term liabilities ($4.2M).
Long Term Liabilities: ICCC's short term assets ($11.5M) do not cover its long term liabilities ($14.6M).
Debt to Equity History and Analysis
Debt Level: ICCC's net debt to equity ratio (44%) is considered high.
Reducing Debt: ICCC's debt to equity ratio has increased from 44.9% to 47.9% 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: ICCC has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: ICCC is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.