Pulmatrix Balance Sheet Health
Financial Health criteria checks 6/6
Pulmatrix has a total shareholder equity of $18.0M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $34.0M and $16.0M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$19.17m |
Equity | US$18.00m |
Total liabilities | US$15.96m |
Total assets | US$33.96m |
Recent financial health updates
Is Pulmatrix (NASDAQ:PULM) In A Good Position To Invest In Growth?
Feb 22Is Pulmatrix (NASDAQ:PULM) In A Good Position To Deliver On Growth Plans?
Oct 29We're Not Very Worried About Pulmatrix's (NASDAQ:PULM) Cash Burn Rate
May 27We're Not Very Worried About Pulmatrix's (NASDAQ:PULM) Cash Burn Rate
Feb 11Recent updates
Pulmatrix doses first subjects in phase 1 trial of acute migraine treatment PUR3100
Jul 12Is Pulmatrix (NASDAQ:PULM) In A Good Position To Invest In Growth?
Feb 22Is Pulmatrix (NASDAQ:PULM) In A Good Position To Deliver On Growth Plans?
Oct 29Pulmatrix, Inc.'s (NASDAQ:PULM) Sole Analyst Just Made A Massive Upgrade To Their Forecasts
Aug 16Earnings Beat: Pulmatrix, Inc. (NASDAQ:PULM) Just Beat Analyst Forecasts, And Analysts Have Been Lifting Their Forecasts
Aug 14We're Not Very Worried About Pulmatrix's (NASDAQ:PULM) Cash Burn Rate
May 27We're Not Very Worried About Pulmatrix's (NASDAQ:PULM) Cash Burn Rate
Feb 11Financial Position Analysis
Short Term Liabilities: PULM's short term assets ($20.8M) exceed its short term liabilities ($3.9M).
Long Term Liabilities: PULM's short term assets ($20.8M) exceed its long term liabilities ($12.1M).
Debt to Equity History and Analysis
Debt Level: PULM is debt free.
Reducing Debt: PULM had no debt 5 years ago.
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: PULM has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: PULM has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of 12.1% each year.