AVITA Medical Balance Sheet Health
Financial Health criteria checks 3/6
AVITA Medical has a total shareholder equity of $12.2M and total debt of $42.5M, which brings its debt-to-equity ratio to 348%. Its total assets and total liabilities are $81.1M and $68.8M respectively.
Key information
348.0%
Debt to equity ratio
US$42.55m
Debt
| Interest coverage ratio | n/a |
| Cash | US$44.41m |
| Equity | US$12.23m |
| Total liabilities | US$68.82m |
| Total assets | US$81.05m |
Recent financial health updates
Recent updates
AVITA Medical, Inc.'s (NASDAQ:RCEL) Share Price Boosted 26% But Its Business Prospects Need A Lift Too
Oct 04
AVITA Medical, Inc. (NASDAQ:RCEL) Consensus Forecasts Have Become A Little Darker Since Its Latest Report
Aug 11AVITA Medical, Inc.'s (NASDAQ:RCEL) Share Price Boosted 26% But Its Business Prospects Need A Lift Too
Jul 18Is AVITA Medical (NASDAQ:RCEL) A Risky Investment?
Jun 18Little Excitement Around AVITA Medical, Inc.'s (NASDAQ:RCEL) Revenues As Shares Take 39% Pounding
Apr 12AVITA Medical, Inc.'s (NASDAQ:RCEL) Price Is Right But Growth Is Lacking After Shares Rocket 39%
Feb 02The Market Doesn't Like What It Sees From AVITA Medical, Inc.'s (NASDAQ:RCEL) Revenues Yet As Shares Tumble 32%
Oct 20Avita Medical appoints James Corbett as CEO
Sep 29AVITA Medical says trial evaluating its RECELL system to treat vitiligo met main goal
Sep 12Avita's burn therapy Recell gets insurance coverage in Japan following approval
Sep 01AVITA Medical GAAP EPS of -$0.25 beats by $0.15, revenue of $8.34M beats by $1.18M
Aug 11AVITA Medical Is Interesting, But Not Just Yet
Dec 21AVITA Medical reports preliminary Q2 revenue in-line with consensus
Jan 12AVITA: COVID-19's Impact
Nov 17Financial Position Analysis
Short Term Liabilities: RCEL's short term assets ($63.9M) exceed its short term liabilities ($17.1M).
Long Term Liabilities: RCEL's short term assets ($63.9M) exceed its long term liabilities ($51.7M).
Debt to Equity History and Analysis
Debt Level: RCEL has more cash than its total debt.
Reducing Debt: RCEL's debt to equity ratio has increased from 0% to 348% 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: RCEL has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if RCEL has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.