Rockley Photonics Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Rockley Photonics Holdings has a total shareholder equity of $-29.9M and total debt of $66.5M, which brings its debt-to-equity ratio to -222.7%. Its total assets and total liabilities are $90.9M and $120.7M respectively.
Key information
-222.7%
Debt to equity ratio
US$66.49m
Debt
| Interest coverage ratio | n/a |
| Cash | US$4.88m |
| Equity | -US$29.85m |
| Total liabilities | US$120.73m |
| Total assets | US$90.88m |
Recent financial health updates
Recent updates
Rockley Photonics promotes Richard Meier to CEO, replacing Andrew Rickman
Dec 12Rockley Non-GAAP EPS of $0.14 beats by $0.40, revenue of $0.56M misses by $0.94M
Nov 09Rockley Photonics hires Richard Meier as CFO
Oct 20Rockley Photonics raises additional financing
Oct 03Rockley Photonics signs supply agreement for non-invasive biosensing wristband
Aug 09Rockley Photonics enter partnership with leading contract research organization
Jul 26Rockley Photonics: Long Term Potential Of Wearables Chip Maker Is Truly Vast
Sep 13Financial Position Analysis
Short Term Liabilities: RKLY.Q has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: RKLY.Q has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: RKLY.Q has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: RKLY.Q's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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: RKLY.Q has sufficient cash runway for 0 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: RKLY.Q is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.