SmartKem Balance Sheet Health
Financial Health criteria checks 5/6
SmartKem has a total shareholder equity of $6.6M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $9.8M and $3.2M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$7.25m |
Equity | US$6.56m |
Total liabilities | US$3.20m |
Total assets | US$9.76m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SMTK's short term assets ($9.1M) exceed its short term liabilities ($2.6M).
Long Term Liabilities: SMTK's short term assets ($9.1M) exceed its long term liabilities ($623.0K).
Debt to Equity History and Analysis
Debt Level: SMTK is debt free.
Reducing Debt: SMTK 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: SMTK has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: SMTK has less than a year of cash runway if free cash flow continues to reduce at historical rates of 3.9% each year