Tharimmune Balance Sheet Health
Financial Health criteria checks 4/6
Tharimmune has a total shareholder equity of $3.0M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $5.3M and $2.2M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$4.77m |
| Equity | US$3.02m |
| Total liabilities | US$2.23m |
| Total assets | US$5.25m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: THAR's short term assets ($5.3M) exceed its short term liabilities ($2.2M).
Long Term Liabilities: THAR has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: THAR is debt free.
Reducing Debt: THAR 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: THAR has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: THAR has less than a year of cash runway if free cash flow continues to reduce at historical rates of 43.5% each year