Model N Balance Sheet Health
Financial Health criteria checks 5/6
Model N has a total shareholder equity of $124.3M and total debt of $280.8M, which brings its debt-to-equity ratio to 225.8%. Its total assets and total liabilities are $515.2M and $390.8M respectively.
Key information
225.8%
Debt to equity ratio
US$280.78m
Debt
| Interest coverage ratio | n/a |
| Cash | US$303.38m |
| Equity | US$124.34m |
| Total liabilities | US$390.83m |
| Total assets | US$515.17m |
Recent financial health updates
Is Model N (NYSE:MODN) Using Too Much Debt?
Mar 31
Is Model N (NYSE:MODN) Using Too Much Debt?
Sep 27We Think Model N (NYSE:MODN) Has A Fair Chunk Of Debt
Jun 15Is Model N (NYSE:MODN) Using Debt Sensibly?
Jan 13Is Model N (NYSE:MODN) Weighed On By Its Debt Load?
Sep 28Recent updates
Is Model N (NYSE:MODN) Using Too Much Debt?
Mar 31Model N: Unspectacular But Steady (Rating Upgrade)
Mar 26Getting In Cheap On Model N, Inc. (NYSE:MODN) Is Unlikely
Mar 13Model N, Inc. (NYSE:MODN) Just Reported First-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?
Feb 09Model N Is Dead Money, Recent Downside Will Likely Continue
Jan 10Model N: A Resilient Growth Story In Revenue Management Solutions
Oct 16Is Model N (NYSE:MODN) Using Too Much Debt?
Sep 27Model N: Where Do We Go From Here? (Ratings Downgrade)
Aug 22Unpleasant Surprises Could Be In Store For Model N, Inc.'s (NYSE:MODN) Shares
Jul 17We Think Model N (NYSE:MODN) Has A Fair Chunk Of Debt
Jun 15Calculating The Intrinsic Value Of Model N, Inc. (NYSE:MODN)
Apr 10This Is Why Shareholders Will Hold Back On A Pay Rise For Model N, Inc.'s (NYSE:MODN) CEO This Year
Feb 10Is Model N (NYSE:MODN) Using Debt Sensibly?
Jan 13Model N: Fundamentals Don't Support Valuation
Dec 20Is Model N (NYSE:MODN) Weighed On By Its Debt Load?
Sep 28Model N: Little Reason To Stay Invested
Sep 20Estimating The Fair Value Of Model N, Inc. (NYSE:MODN)
Aug 06Model N: Downgrading To Neutral On Deceleration
Jul 06Health Check: How Prudently Does Model N (NYSE:MODN) Use Debt?
Jun 14Is It Too Late To Consider Buying Model N, Inc. (NYSE:MODN)?
May 07Financial Position Analysis
Short Term Liabilities: MODN's short term assets ($401.5M) exceed its short term liabilities ($100.3M).
Long Term Liabilities: MODN's short term assets ($401.5M) exceed its long term liabilities ($290.6M).
Debt to Equity History and Analysis
Debt Level: MODN has more cash than its total debt.
Reducing Debt: MODN's debt to equity ratio has increased from 106.9% to 225.8% over the past 5 years.
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: Whilst unprofitable MODN has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: MODN is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 35.2% per year.