Emcore Balance Sheet Health
Financial Health criteria checks 4/6
Emcore has a total shareholder equity of $52.3M and total debt of $9.3M, which brings its debt-to-equity ratio to 17.8%. Its total assets and total liabilities are $108.4M and $56.2M respectively.
Key information
17.8%
Debt to equity ratio
US$9.29m
Debt
| Interest coverage ratio | n/a |
| Cash | US$8.48m |
| Equity | US$52.27m |
| Total liabilities | US$56.18m |
| Total assets | US$108.44m |
Recent financial health updates
Recent updates
Bearish: Analysts Just Cut Their EMCORE Corporation (NASDAQ:EMKR) Revenue and EPS estimates
May 12
Emcore Corporation: It Is Darkest Before Dawn
Jul 15What Is EMCORE Corporation's (NASDAQ:EMKR) Share Price Doing?
May 06Emcore Corporation Could Be An Opportunity At This Point
Apr 20Bearish: Analysts Just Cut Their EMCORE Corporation (NASDAQ:EMKR) Revenue and EPS estimates
Feb 17Investors Will Want EMCORE's (NASDAQ:EMKR) Growth In ROCE To Persist
Feb 11Why It Is Worth Sticking With Emcore
Jan 24Should You Investigate EMCORE Corporation (NASDAQ:EMKR) At US$7.18?
Dec 24Financial Position Analysis
Short Term Liabilities: EMKR's short term assets ($67.7M) exceed its short term liabilities ($23.5M).
Long Term Liabilities: EMKR's short term assets ($67.7M) exceed its long term liabilities ($32.7M).
Debt to Equity History and Analysis
Debt Level: EMKR's net debt to equity ratio (1.6%) is considered satisfactory.
Reducing Debt: EMKR's debt to equity ratio has increased from 0% to 17.8% 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: EMKR has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: EMKR has sufficient cash runway for 1 years if free cash flow continues to reduce at historical rates of 12.4% each year.