RenovoRx Balance Sheet Health

Financial Health criteria checks 6/6

RenovoRx has a total shareholder equity of $6.0K and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $3.5M and $3.5M respectively.

Key information

0%

Debt to equity ratio

US$0

Debt

Interest coverage ration/a
CashUS$3.23m
EquityUS$6.00k
Total liabilitiesUS$3.51m
Total assetsUS$3.52m

Recent financial health updates

Is RenovoRx (NASDAQ:RNXT) In A Good Position To Invest In Growth?

Mar 31
Is RenovoRx (NASDAQ:RNXT) In A Good Position To Invest In Growth?

Companies Like RenovoRx (NASDAQ:RNXT) Could Be Quite Risky

Dec 16
Companies Like RenovoRx (NASDAQ:RNXT) Could Be Quite Risky

Is RenovoRx (NASDAQ:RNXT) In A Good Position To Deliver On Growth Plans?

Aug 04
Is RenovoRx (NASDAQ:RNXT) In A Good Position To Deliver On Growth Plans?

RenovoRx (NASDAQ:RNXT) Is In A Good Position To Deliver On Growth Plans

Mar 16
RenovoRx (NASDAQ:RNXT) Is In A Good Position To Deliver On Growth Plans

Recent updates

Is RenovoRx (NASDAQ:RNXT) In A Good Position To Invest In Growth?

Mar 31
Is RenovoRx (NASDAQ:RNXT) In A Good Position To Invest In Growth?

Companies Like RenovoRx (NASDAQ:RNXT) Could Be Quite Risky

Dec 16
Companies Like RenovoRx (NASDAQ:RNXT) Could Be Quite Risky

RenovoRx reports Q2 results

Aug 15

Is RenovoRx (NASDAQ:RNXT) In A Good Position To Deliver On Growth Plans?

Aug 04
Is RenovoRx (NASDAQ:RNXT) In A Good Position To Deliver On Growth Plans?

RenovoRx names new finance CFO

Jul 19

RenovoRx (NASDAQ:RNXT) Is In A Good Position To Deliver On Growth Plans

Mar 16
RenovoRx (NASDAQ:RNXT) Is In A Good Position To Deliver On Growth Plans

We Think RenovoRx (NASDAQ:RNXT) Can Afford To Drive Business Growth

Nov 30
We Think RenovoRx (NASDAQ:RNXT) Can Afford To Drive Business Growth

Financial Position Analysis

Short Term Liabilities: RNXT's short term assets ($3.5M) exceed its short term liabilities ($1.6M).

Long Term Liabilities: RNXT's short term assets ($3.5M) exceed its long term liabilities ($1.9M).


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 sufficient cash runway for 4 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: RNXT is forecast to have sufficient cash runway for 4 months based on free cash flow estimates, but has since raised additional capital.


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