RenovoRx Financial Health

How is RenovoRx's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: RNXT's short term assets ($9.3M) exceed its short term liabilities ($1.1M).

Long Term Liabilities: RNXT has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: RNXT is debt free.

Reducing Debt: RNXT 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: RNXT has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: RNXT has less than a year of cash runway if free cash flow continues to reduce at historical rates of 43.4% each year


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