Rapid Micro Biosystems Balance Sheet Health
Financial Health criteria checks 6/6
Rapid Micro Biosystems has a total shareholder equity of $118.0M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $143.5M and $25.5M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$92.72m |
| Equity | US$117.99m |
| Total liabilities | US$25.46m |
| Total assets | US$143.45m |
Recent financial health updates
Companies Like Rapid Micro Biosystems (NASDAQ:RPID) Are In A Position To Invest In Growth
May 09
We're Not Very Worried About Rapid Micro Biosystems' (NASDAQ:RPID) Cash Burn Rate
Feb 07Recent updates
Rapid Micro to introduce RMBNucleus software for mold detection in pharma manufacturing
Oct 10Companies Like Rapid Micro Biosystems (NASDAQ:RPID) Are In A Position To Invest In Growth
May 09Earnings Release: Here's Why Analysts Cut Their Rapid Micro Biosystems, Inc. (NASDAQ:RPID) Price Target To US$17.67
Mar 08We're Not Very Worried About Rapid Micro Biosystems' (NASDAQ:RPID) Cash Burn Rate
Feb 07Financial Position Analysis
Short Term Liabilities: RPID's short term assets ($120.4M) exceed its short term liabilities ($19.0M).
Long Term Liabilities: RPID's short term assets ($120.4M) exceed its long term liabilities ($6.5M).
Debt to Equity History and Analysis
Debt Level: RPID is debt free.
Reducing Debt: RPID 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: RPID has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: RPID has sufficient cash runway for 1.7 years if free cash flow continues to reduce at historical rates of 16.5% each year.