Everspin Technologies Balance Sheet Health
Financial Health criteria checks 6/6
Everspin Technologies has a total shareholder equity of $53.9M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $67.3M and $13.4M respectively. Everspin Technologies's EBIT is $5.9M making its interest coverage ratio 93.4. It has cash and short-term investments of $36.9M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | 93.4x |
| Cash | US$36.95m |
| Equity | US$53.92m |
| Total liabilities | US$13.38m |
| Total assets | US$67.30m |
Recent financial health updates
Is Everspin Technologies (NASDAQ:MRAM) Using Too Much Debt?
Jan 10
We Think Everspin Technologies (NASDAQ:MRAM) Can Manage Its Debt With Ease
Oct 12Does Everspin Technologies (NASDAQ:MRAM) Have A Healthy Balance Sheet?
Jun 14Is Everspin Technologies (NASDAQ:MRAM) A Risky Investment?
Jan 20Recent updates
Everspin Technologies: At An Attractive Price Once More (Rating Upgrade)
Apr 03Everspin Technologies, Inc.'s (NASDAQ:MRAM) Shareholders Might Be Looking For Exit
Mar 06Everspin Technologies: Fair Price Point With An Exciting Market Opportunity
Jan 15Are Investors Undervaluing Everspin Technologies, Inc. (NASDAQ:MRAM) By 49%?
Jul 03Why Everspin Technologies, Inc. (NASDAQ:MRAM) Could Be Worth Watching
May 05Is Everspin Technologies (NASDAQ:MRAM) Using Too Much Debt?
Jan 10We Think Everspin Technologies (NASDAQ:MRAM) Can Manage Its Debt With Ease
Oct 12Everspin: A Differentiated Semiconductor Memory Play To Invest In
Sep 14Is Now The Time To Look At Buying Everspin Technologies, Inc. (NASDAQ:MRAM)?
Sep 02Investors Should Be Encouraged By Everspin Technologies' (NASDAQ:MRAM) Returns On Capital
Aug 15Does Everspin Technologies (NASDAQ:MRAM) Have A Healthy Balance Sheet?
Jun 14Everspin: High-Growth Semiconductor Pick With New Product Line
May 06Everspin Technologies' (NASDAQ:MRAM) Performance Is Even Better Than Its Earnings Suggest
Mar 09Is Everspin Technologies (NASDAQ:MRAM) A Risky Investment?
Jan 20Should You Think About Buying Everspin Technologies, Inc. (NASDAQ:MRAM) Now?
Nov 19Financial Position Analysis
Short Term Liabilities: MRAM's short term assets ($57.9M) exceed its short term liabilities ($8.8M).
Long Term Liabilities: MRAM's short term assets ($57.9M) exceed its long term liabilities ($4.6M).
Debt to Equity History and Analysis
Debt Level: MRAM is debt free.
Reducing Debt: MRAM has no debt compared to 5 years ago when its debt to equity ratio was 50%.
Debt Coverage: MRAM has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: MRAM has no debt, therefore coverage of interest payments is not a concern.