Minim Balance Sheet Health
Financial Health criteria checks 5/6
Minim has a total shareholder equity of $115.9K and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $12.4M and $12.2M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$709.32k |
| Equity | US$115.92k |
| Total liabilities | US$12.24m |
| Total assets | US$12.36m |
Recent financial health updates
Recent updates
Minim, Inc.'s (NASDAQ:MINM) Shares Bounce 35% But Its Business Still Trails The Industry
Feb 15
Pontera appoints Nicole Zheng as CMO
Sep 21Minim names finance chief Mehul Patel as CEO
Aug 16Minim announces plan for President & CMO transition
Jul 08Is Minim (NASDAQ:MINM) Using Debt Sensibly?
Feb 11Is Minim, Inc. (NASDAQ:MINM) Worth US$1.5 Based On Its Intrinsic Value?
Nov 10Financial Position Analysis
Short Term Liabilities: MINM's short term assets ($11.4M) do not cover its short term liabilities ($12.2M).
Long Term Liabilities: MINM has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: MINM is debt free.
Reducing Debt: MINM has no debt compared to 5 years ago when its debt to equity ratio was 44.9%.
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: Whilst unprofitable MINM has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: MINM is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 23.1% per year.