CareSpan Health, Inc. operates as a healthcare technology and services company, providing a cloud-based clinic workflow. The company faces significant financial challenges, evidenced by a low gross margin of 9.3% and a troubling net margin of -100.2%. Additionally, a current ratio of 0.04 indicates severe liquidity issues. While the healthcare sector has growth potential, CareSpan's financial health score of 8/100 raises concerns about its sustainability and operational efficiency. Overall, investors should approach with caution given the current metrics.
Loading financial metrics...
Company has $15K in cash but burned $20K last quarter. At this burn rate, only 0.7 quarters of runway remain without additional financing.
Company posted a loss of $-147K over the last year, representing 100.2% of revenue.
Debt of $330K is 21.8x the company's cash position of $15K.
No significant opportunities identified
Based on current financial metrics
Valuation, risk assessment, competitive positioning, and key insights — all in one report.
Other Health Information Services companies of a similar size
Based on 2025-Q1 (March 31, 2025)