Rani Therapeutics Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Rani Therapeutics Holdings has a total shareholder equity of $14.5M and total debt of $29.4M, which brings its debt-to-equity ratio to 202.5%. Its total assets and total liabilities are $53.5M and $39.0M respectively.
Key information
202.5%
Debt to equity ratio
US$29.44m
Debt
Interest coverage ratio | n/a |
Cash | US$39.58m |
Equity | US$14.54m |
Total liabilities | US$38.98m |
Total assets | US$53.51m |
Financial Position Analysis
Short Term Liabilities: RANI's short term assets ($41.4M) exceed its short term liabilities ($13.4M).
Long Term Liabilities: RANI's short term assets ($41.4M) exceed its long term liabilities ($25.6M).
Debt to Equity History and Analysis
Debt Level: RANI has more cash than its total debt.
Reducing Debt: Insufficient data to determine if RANI'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: RANI has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: RANI has less than a year of cash runway if free cash flow continues to reduce at historical rates of 27.5% each year