908 Devices Balance Sheet Health
Financial Health criteria checks 6/6
908 Devices has a total shareholder equity of $156.4M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $208.8M and $52.4M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$77.38m |
| Equity | US$156.36m |
| Total liabilities | US$52.42m |
| Total assets | US$208.77m |
Recent financial health updates
Recent updates
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 16
We 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 ($110.4M) exceed its short term liabilities ($21.7M).
Long Term Liabilities: MASS's short term assets ($110.4M) exceed its long term liabilities ($30.7M).
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 190.5%.
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 32.6% each year