The company's financial foundation is severely constrained, with a current ratio of 0.30 and a total debt of $29.4 million against a total asset base that has shrunk to $14.0 million.
| Total Current Assets | 11.3M | 12.79M | 27.16M | 64.82M | 43.38M | 37.33M | 47.09K |
| Cash & Short-Term Investments | 5.06M | 5.41M | 15.38M | 38.04M | 7.68M | 25.84M | 47.09K |
| Cash Only | 5.06M | 5.41M | 15.38M | 38.04M | 7.68M | 25.84M | 47.09K |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 3.48M | 3.95M | 7.13M | 18.19M | 29.35M | 6.83M | 0 |
| Days Sales Outstanding | 125.01 | 94.69 | 81.09 | 124.2 | 166.81 | 65.21 | - |
| Inventory | 2.06M | 2.67M | 3.4M | 6.17M | 3.87M | 2.71M | 0 |
| Days Inventory Outstanding | 186.36 | 172.21 | 117 | 188.17 | 104.61 | 109.48 | - |
| Other Current Assets | 712K | 759K | 1.24M | 2.41M | 2.49M | 0 | 0 |
| Total Non-Current Assets | 2.69M | 2.98M | 5.66M | 6.9M | 7.99M | 2.02M | 282.88K |
| Property, Plant & Equipment | 2.06M | 2.32M | 4.55M | 6.39M | 5.28M | 1.71M | 0 |
| Fixed Asset Turnover | 4.73x | 6.57x | 7.06x | 8.37x | 12.16x | 22.31x | - |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 1M | 0 | 0 | 384K | 0 | 862.55M | 0 |
| Other Non-Current Assets | 302K | 663K | 1.11M | 121K | 2.71M | -862.24M | 282.88K |
| Total Assets | 13.99M | 15.77M | 32.81M | 71.71M | 51.37M | 39.35M | 329.96K |
| Asset Turnover | 0.66x | 0.97x | 0.98x | 0.75x | 1.25x | 0.97x | - |
| Asset Growth % | -219.21% | -51.93% | -54.24% | 39.6% | 30.54% | 11825.81% | - |
| Total Current Liabilities | 37.26M | 38.45M | 18.86M | 65.42M | 75.87M | 31.61M | 310.13K |
| Accounts Payable | 3.06M | 3.57M | 6.57M | 10.38M | 5.81M | 1.62M | 0 |
| Days Payables Outstanding | 203.28 | 230.13 | 226.15 | 316.49 | 157.23 | 65.24 | - |
| Short-Term Debt | 28.55M | 28.47M | 0 | 38.64M | 53.36M | 24.14M | 170K |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 202K | 0 |
| Other Current Liabilities | 5.64M | 6.41M | 1.05M | 13.81M | 3.45M | 2.23M | 140.13K |
| Current Ratio | 0.30x | 0.33x | 1.44x | 0.99x | 0.57x | 1.18x | 0.15x |
| Quick Ratio | 0.25x | 0.26x | 1.26x | 0.90x | 0.52x | 1.09x | 0.15x |
| Cash Conversion Cycle | 108.08 | 36.77 | -28.06 | -4.11 | 114.2 | 109.44 | - |
| Total Non-Current Liabilities | 54.65M | 54.52M | 91.93M | 76.77M | 7.82M | 42.02M | 0 |
| Long-Term Debt | 455K | 571K | 35.71M | 36.2M | 3.1M | 2M | 0 |
| Capital Lease Obligations | 2.87M | 0 | 1.34M | 2.31M | 2.16M | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 54.19M | 53.95M | 54.87M | 74.47M | 2.55M | 40.02M | 0 |
| Total Liabilities | 91.91M | 92.96M | 110.79M | 142.2M | 83.68M | 73.64M | 310.13K |
| Total Debt | 29.45M | 29.04M | 37.92M | 41.86M | 59.53M | 26.14M | 170K |
| Net Debt | 24.39M | 23.63M | 22.54M | 3.82M | 51.85M | 300K | 122.91K |
| Debt / Equity | -0.38x | - | - | - | - | - | 8.57x |
| Debt / EBITDA | -1.15x | - | - | - | - | - | 0.85x |
| Net Debt / EBITDA | -0.95x | - | - | - | - | - | 0.61x |
| Interest Coverage | -21.92x | - | -10.23x | -6.60x | -7.50x | -2.38x | - |
| Total Equity | -77.91M | -77.19M | -77.98M | -70.49M | -32.31M | -34.28M | 19.83K |
| Equity Growth % | -31.22% | 1.01% | -10.63% | -118.13% | 5.75% | -172985.89% | - |
| Book Value per Share | -87.54 | -153.47 | -520.51 | -742.87 | -450.16 | -119.25 | 0.07 |
| Total Shareholders' Equity | -77.91M | -77.19M | -77.98M | -70.49M | -32.31M | -34.28M | 19.83K |
| Common Stock | 6K | 6K | 3K | 5K | 3K | 51K | 2.16K |
| Retained Earnings | -257.06M | -250.96M | -222.21M | -212.8M | -132.19M | -94.45M | -5.17K |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 6.13M | 5.14M | -8.37M | -700K | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Critical liquidity depletion risk
As reported in recent financial filings, Allurion's total assets have plummeted from $71.7 million in 2023Q4 to just $14.0 million in 2026Q1, reflecting a severe contraction in the company's resource base that underscores the unsustainable nature of its current operational trajectory and market positioning.
The consistent decline in total assets alongside a widening deficit in retained earnings suggests that the company is consuming its capital base to fund ongoing operating losses. This trajectory indicates that the business model has failed to achieve the necessary scale to stabilize its balance sheet, leaving it increasingly exposed to external financing shocks.
Based on the most recent quarterly data, Allurion's current ratio has deteriorated to a precarious 0.30, signaling that the company's liquid assets are insufficient to cover its short-term obligations, a trend that warrants immediate investor concern regarding the firm's ability to maintain ongoing operations.
A current ratio well below 1.0 indicates that current liabilities significantly outweigh current assets, creating a structural liquidity mismatch. This lack of a buffer suggests that the company may be forced into dilutive capital raises or emergency restructuring measures to meet its immediate financial commitments.
According to the company's balance sheet, shareholders' equity has remained in a deep deficit, reaching -$77.9 million in 2026Q1, which reflects the cumulative impact of persistent net losses and the erosion of capital since the company's transition to the public markets.
The persistent negative equity position highlights that the company has effectively exhausted its initial capital, with retained earnings continuing to decline as losses mount. This state of insolvency, if not addressed through significant operational improvements or capital injections, suggests a high risk of long-term value destruction for equity holders.
As reported in financial statements, the company's reliance on debt, which stood at $29.4 million in 2026Q1, combined with a near-total depletion of cash reserves, creates a non-obvious risk where debt service obligations may soon conflict with the company's ability to fund essential R&D and commercial activities.
The presence of significant debt on a balance sheet with negative equity and minimal cash suggests that the company's capital structure is highly distorted and potentially unsustainable. Investors should monitor whether debt covenants or repayment schedules could trigger a liquidity crisis, as the current asset base provides little collateral value to support existing leverage.
Quick answers to the most common questions about buying ALUR stock.
As of 2025, Allurion Technologies Inc. (ALUR) had total assets of $15.8M including $12.8M in current assets.
Allurion Technologies Inc. (ALUR) carries total debt of $29.0M, offset by $5.4M in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
Allurion Technologies Inc. (ALUR) has total shareholders' equity (book value) of $-77.2M ($-153.47 book value per share). Book value represents the net worth of the company belonging to common stock holders.
Allurion Technologies Inc. (ALUR) reported a current ratio of 0.33x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.