What is Tivic Health Systems Financial Strength?
Tivic Health Systems has the Financial Strength Rank of 5.
GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is rated on a scale of 1 to 10 and is based on these factors:
1. The debt burden that the company has as measured by its
Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3.
Altman Z-Score.
4. Other debt related ratios.
A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.
Tivic Health Systems has no long-term debt (1).
Tivic Health Systems's debt to revenue ratio for the quarter that ended in Dec. 2024 was 0.00.
As of today, Tivic Health Systems's Altman Z-Score is -17.34.
(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
Competitive Comparison of Tivic Health Systems's Financial Strength
For the Medical Devices subindustry, Tivic Health Systems's Financial Strength, along with its competitors' market caps and Financial Strength data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Tivic Health Systems's Financial Strength Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Tivic Health Systems's Financial Strength distribution charts can be found below:
* The bar in red indicates where Tivic Health Systems's Financial Strength falls into.
Tivic Health Systems Financial Strength Calculation
GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors
A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.
1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
Tivic Health Systems's Interest Expense for the
months ended in Dec. 2024 was $0.00 Mil. Its Operating Income for the
months ended in Dec. 2024 was $-1.54 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $0.00 Mil.
Tivic Health Systems's Interest Coverage for the quarter that ended in Dec. 2024 is
| Tivic Health Systems had no long-term debt (1). |
The higher the ratio, the stronger the company's financial strength is.
Good Sign:
Ben Graham prefers companies' interest coverage to be at least 5. Tivic Health Systems Inc has enough cash to cover all of its debt. Its financial situation is stable.
2. Debt to revenue ratio. The lower, the better.
Tivic Health Systems's Debt to Revenue Ratio for the quarter that ended in Dec. 2024 is
3. Altman Z-Score.
Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.
The zones of discrimination were as such:
When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.
Tivic Health Systems has a Z-score of -17.34, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.
Warning Sign:
Altman Z-score of -17.34 is in distress zone. This implies bankruptcy possibility in the next two years.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Tivic Health Systems Business Description
Traded in Other Exchanges
N/A
Address
47685 Lakeview Boulevard, Fremont, CA, USA, 94538
Tivic Health Systems Inc is a health technology company focused on developing and commercializing non-invasive bioelectronic medicine. The company's platform-based technology activates the body's own healing mechanisms and can be programmed to treat various disease conditions. company's products provide a natural alternative to the standard synthetic chemical methods used by the pharmaceutical industry. ClearUP Sinus Relief, is a first commercial product of the company which is a patented handled device that uses ultra-low current electrical waves to relieve sinus pain and congestion symptoms that are prevalent in nasal allergies, sinus infections, chronic sinusitis, cold and flu and other disease conditions.
Executives
| Sheryle Bolton |
director |
55 ALMADEN BLVD, SAN JOSE CA 95113 |
| Dean Zikria |
director |
C/O INTUITY MEDICAL, INC., 3500 WEST WARREN AVENUE, FREMONT CA 94538 |
| Jennifer Ernst |
director, officer: Chief Executive Officer |
750 MENLO AVENUE, SUITE 200, MENLO PARK CA 94025 |
| Blake Gurfein |
officer: Chief Scientific Officer |
750 MENLO AVENUE, SUITE 200, MENLO PARK CA 94025 |
| Ryan Sabia |
officer: Chief Operating Officer |
750 MENLO AVENUE, SUITE 200, MENLO PARK CA 94025 |
| Kimberly Ann Bambach |
officer: Interim CFO |
25821 INDUSTRIAL BLVD., SUITE 100, HAYWARD CA 94545 |
| Karen Drexler |
director |
C/O DIADEXUS, INC., 343 OYSTER POINT BOULEVARD, SOUTH SAN FRANCISCO CA 94080 |
| Veronica Cai |
officer: Chief Financial Officer |
C/O CATALYST BIOSCIENCES, INC., 611 GATEWAY BOULEVARD, SUITE 710, SOUTH SAN FRANCISCO CA 94080 |
| John Claude |
10 percent owner |
750 MENLO AVENUE, SUITE 200, MENLO PARK CA 94025 |
| Briana Benz |
officer: Chief Financial Officer |
750 MENLO AVENUE, SUITE 200, MENLO PARK CA 94025 |
Tivic Health Systems Headlines
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