Luna Innovations Financial Health
How is Luna Innovations's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: LUNA's short term assets ($75.9M) exceed its short term liabilities ($29.6M).
Long Term Liabilities: LUNA's short term assets ($75.9M) exceed its long term liabilities ($23.8M).
Debt to Equity History and Analysis
Debt Level: LUNA's net debt to equity ratio (18.5%) is considered satisfactory.
Reducing Debt: LUNA's debt to equity ratio has increased from 9.9% to 24% over the past 5 years.
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: LUNA has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if LUNA has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.