Vuzix Balance Sheet Health
Financial Health criteria checks 6/6
Vuzix has a total shareholder equity of $80.8M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $86.1M and $5.4M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$26.56m |
| Equity | US$80.79m |
| Total liabilities | US$5.35m |
| Total assets | US$86.15m |
Recent financial health updates
We Think Vuzix (NASDAQ:VUZI) Needs To Drive Business Growth Carefully
Nov 11
Will Vuzix (NASDAQ:VUZI) Spend Its Cash Wisely?
Aug 11We Think Vuzix (NASDAQ:VUZI) Needs To Drive Business Growth Carefully
Apr 26Companies Like Vuzix (NASDAQ:VUZI) Are In A Position To Invest In Growth
Sep 28We Think Vuzix (NASDAQ:VUZI) Can Afford To Drive Business Growth
Jun 02Recent updates
Revenues Tell The Story For Vuzix Corporation (NASDAQ:VUZI)
Jan 15We Think Vuzix (NASDAQ:VUZI) Needs To Drive Business Growth Carefully
Nov 11Vuzix Corporation (NASDAQ:VUZI) Stocks Pounded By 29% But Not Lagging Industry On Growth Or Pricing
Aug 17Will Vuzix (NASDAQ:VUZI) Spend Its Cash Wisely?
Aug 11We Think Vuzix (NASDAQ:VUZI) Needs To Drive Business Growth Carefully
Apr 26Vuzix expands Asia-Pacific presence
Oct 11Hodei Technology places initial order with Vuzix and partners for its new Klabra platform
Oct 03Companies Like Vuzix (NASDAQ:VUZI) Are In A Position To Invest In Growth
Sep 28Vuzix: Leading An Innovative Industry
Sep 06Vuzix Corporation stock jumps on hope of positive second half
Aug 10Vuzix signs distribution agreement with Westbase.io for expansion in Northern Europe
Jul 26Vuzix receives initial volume waveguide order
Jul 15Vuzix: Vision Is Compelling But Timing Remains Off
Jun 16We Think Vuzix (NASDAQ:VUZI) Can Afford To Drive Business Growth
Jun 02Vuzix Corporation: Strong Sales Growth But Still Burning Cash
Mar 28We're Hopeful That Vuzix (NASDAQ:VUZI) Will Use Its Cash Wisely
Feb 23Vuzix Corporation Needs To Start Proving Itself
Jan 12Vuzix Corporation: Augmented Reality In Healthcare To Drive Sales Forward
Oct 26Companies Like Vuzix (NASDAQ:VUZI) Can Afford To Invest In Growth
Oct 26Bearish: Analysts Just Cut Their Vuzix Corporation (NASDAQ:VUZI) Revenue and EPS estimates
Aug 15Institutional Investors Are Buying Vuzix
Jul 26It Looks Like The CEO Of Vuzix Corporation (NASDAQ:VUZI) May Be Underpaid Compared To Peers
Jun 11We're Not Worried About Vuzix's (NASDAQ:VUZI) Cash Burn
May 11Vuzix stock drops as Q1 EPS miss offsets record smart glasses sales
May 10What Kind Of Investors Own Most Of Vuzix Corporation (NASDAQ:VUZI)?
Feb 19
Shareholders Are Raving About How The Vuzix (NASDAQ:VUZI) Share Price Increased 392%
Jan 13Vuzix collaborates with Jade Bird Display for microLED-based display engine and waveguide products
Jan 11Financial Position Analysis
Short Term Liabilities: VUZI's short term assets ($41.5M) exceed its short term liabilities ($5.2M).
Long Term Liabilities: VUZI's short term assets ($41.5M) exceed its long term liabilities ($137.7K).
Debt to Equity History and Analysis
Debt Level: VUZI is debt free.
Reducing Debt: VUZI had no debt 5 years ago.
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: VUZI has sufficient cash runway for 7 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: VUZI has sufficient cash runway for 1.7 years if free cash flow continues to reduce at historical rates of 14.2% each year.