Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

We're Keeping An Eye On IceCure Medical's (NASDAQ:ICCM) Cash Burn Rate [Yahoo! Finance]

IceCure Medical Ltd. - Ordinary Shares (ICCM) 
Company Research Source: Yahoo! Finance
lost money for years while it grew recurring revenue, if you held shares since 2005, you'd have done very well indeed. Having said that, unprofitable companies are risky because they could potentially burn through all their cash and become distressed. So should IceCure Medical NASDAQ:ICCM ) shareholders be worried about its cash burn? In this article, we define cash burn as its annual (negative) free cash flow, which is the amount of money a company spends each year to fund its growth. The first step is to compare its cash burn with its cash reserves, to give us its 'cash runway'. See our latest analysis for IceCure Medical When Might IceCure Medical Run Out Of Money? A company's cash runway is calculated by dividing its cash hoard by its cash burn. When IceCure Medical last reported its March 2024 balance sheet in May 2024, it had zero debt and cash worth US$11m. Importantly, its cash burn was US$13m over the trailing twelve months. Therefore, from March 2024 it had roughly 1 Show less Read more
Impact Snapshot
Event Time:
ICCM
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for ICCM alerts
Opt-in for
ICCM alerts

from News Quantified
Opt-in for
ICCM alerts

from News Quantified