Cyngn Balance Sheet Health
Financial Health criteria checks 6/6
Cyngn 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 $8.5M and $1.8M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$2.79m |
| Equity | US$6.65m |
| Total liabilities | US$1.83m |
| Total assets | US$8.48m |
Recent financial health updates
Cyngn (NASDAQ:CYN) Will Have To Spend Its Cash Wisely
Jul 06
Here's Why We're Watching Cyngn's (NASDAQ:CYN) Cash Burn Situation
Mar 22Recent updates
Cyngn (NASDAQ:CYN) Will Have To Spend Its Cash Wisely
Jul 06Here's Why We're Watching Cyngn's (NASDAQ:CYN) Cash Burn Situation
Mar 22Is Cyngn (NASDAQ:CYN) In A Good Position To Invest In Growth?
Dec 07Cyngn expands DriveMod to electric forklift in deal with building materials manufacturer
Sep 26We're Not Very Worried About Cyngn's (NASDAQ:CYN) Cash Burn Rate
Aug 19Cyngn GAAP EPS of -$0.15, revenue of $0M
Aug 10Cyngn: A Speculative But Potentially Lucrative Play On Industrial Software
May 06Cyngn Looks Overvalued Based On Fundamentals
Apr 27Financial Position Analysis
Short Term Liabilities: CYN's short term assets ($4.5M) exceed its short term liabilities ($1.8M).
Long Term Liabilities: CYN has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: CYN is debt free.
Reducing Debt: CYN 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: CYN has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: CYN is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.