908 Devices Balance Sheet Health
Financial Health criteria checks 6/6
908 Devices has a total shareholder equity of $156.9M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $189.8M and $32.9M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$134.20m |
| Equity | US$156.89m |
| Total liabilities | US$32.90m |
| Total assets | US$189.79m |
Recent financial health updates
Recent updates
We Think 908 Devices (NASDAQ:MASS) Can Afford To Drive Business Growth
Mar 30
Investors 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 02908 Devices and Bio-Techne collaborate for extended workflow solution
May 04Financial Position Analysis
Short Term Liabilities: MASS's short term assets ($161.9M) exceed its short term liabilities ($19.3M).
Long Term Liabilities: MASS's short term assets ($161.9M) exceed its long term liabilities ($13.6M).
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 205.1%.
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 3 years 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 34.7% each year