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 ration/a
CashUS$71.69m
EquityUS$131.04m
Total liabilitiesUS$47.24m
Total assetsUS$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
Earnings Update: 908 Devices Inc. (NASDAQ:MASS) Just Reported And Analysts Are Trimming Their Forecasts

908 Devices: Key Investor Now Selling

Sep 08

Why We're Not Concerned Yet About 908 Devices Inc.'s (NASDAQ:MASS) 29% Share Price Plunge

Aug 16
Why We're Not Concerned Yet About 908 Devices Inc.'s (NASDAQ:MASS) 29% Share Price Plunge

We Think 908 Devices (NASDAQ:MASS) Can Afford To Drive Business Growth

Mar 30
We Think 908 Devices (NASDAQ:MASS) Can Afford To Drive Business Growth

Investors Appear Satisfied With 908 Devices Inc.'s (NASDAQ:MASS) Prospects

Dec 18
Investors Appear Satisfied With 908 Devices Inc.'s (NASDAQ:MASS) Prospects

908 Devices Q2 2022 Earnings Preview

Aug 08

908 Devices Aims For Broadened Footprint

Feb 02

Financial 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 more than 3 years if free cash flow continues to reduce at historical rates of 30.8% each year


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