908 Devices Balance Sheet Health
Financial Health criteria checks 6/6
908 Devices has a total shareholder equity of $131.0M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $178.3M and $47.2M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$71.69m |
| Equity | US$131.04m |
| Total liabilities | US$47.24m |
| Total assets | US$178.28m |
Recent financial health updates
Recent updates
Earnings Update: 908 Devices Inc. (NASDAQ:MASS) Just Reported And Analysts Are Trimming Their Forecasts
Nov 15
908 Devices: Key Investor Now Selling
Sep 08Why We're Not Concerned Yet About 908 Devices Inc.'s (NASDAQ:MASS) 29% Share Price Plunge
Aug 16We Think 908 Devices (NASDAQ:MASS) Can Afford To Drive Business Growth
Mar 30Investors Appear Satisfied With 908 Devices Inc.'s (NASDAQ:MASS) Prospects
Dec 18908 Devices Q2 2022 Earnings Preview
Aug 08908 Devices Aims For Broadened Footprint
Feb 02Financial Position Analysis
Short Term Liabilities: MASS's short term assets ($108.9M) exceed its short term liabilities ($25.7M).
Long Term Liabilities: MASS's short term assets ($108.9M) exceed its long term liabilities ($21.5M).
Debt to Equity History and Analysis
Debt Level: MASS is debt free.
Reducing Debt: MASS has no debt compared to 5 years ago when its debt to equity ratio was 180%.
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: MASS has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: MASS has sufficient cash runway for 2.2 years if free cash flow continues to reduce at historical rates of 30.8% each year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/03 09:14 |
| End of Day Share Price | 2025/01/03 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
908 Devices Inc. is covered by 6 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Puneet Souda | Leerink Partners LLC |
| Jacob Johnson | Stephens, Inc. |
| Daniel Arias | Stifel, Equities Research |