Imagion Biosystems Limited

ASX:IBX Stock Report

Market Cap: AU$2.4m

Imagion Biosystems Balance Sheet Health

Financial Health criteria checks 0/6

Imagion Biosystems has a total shareholder equity of A$-3.8M and total debt of A$2.5M, which brings its debt-to-equity ratio to -64.7%. Its total assets and total liabilities are A$4.6M and A$8.4M respectively.

Key information

-64.7%

Debt to equity ratio

AU$2.45m

Debt

Interest coverage ration/a
CashAU$227.08k
Equity-AU$3.79m
Total liabilitiesAU$8.37m
Total assetsAU$4.59m

Recent financial health updates

Recent updates

Here's Why We're Watching Imagion Biosystems' (ASX:IBX) Cash Burn Situation

Dec 13
Here's Why We're Watching Imagion Biosystems' (ASX:IBX) Cash Burn Situation

Here's Why We're Watching Imagion Biosystems' (ASX:IBX) Cash Burn Situation

Aug 30
Here's Why We're Watching Imagion Biosystems' (ASX:IBX) Cash Burn Situation

We're Not Very Worried About Imagion Biosystems' (ASX:IBX) Cash Burn Rate

Feb 22
We're Not Very Worried About Imagion Biosystems' (ASX:IBX) Cash Burn Rate

We're Hopeful That Imagion Biosystems (ASX:IBX) Will Use Its Cash Wisely

Sep 09
We're Hopeful That Imagion Biosystems (ASX:IBX) Will Use Its Cash Wisely

We're Not Very Worried About Imagion Biosystems' (ASX:IBX) Cash Burn Rate

May 03
We're Not Very Worried About Imagion Biosystems' (ASX:IBX) Cash Burn Rate

Imagion Biosystems (ASX:IBX) Has Rewarded Shareholders With An Exceptional 582% Total Return On Their Investment

Feb 28
Imagion Biosystems (ASX:IBX) Has Rewarded Shareholders With An Exceptional 582% Total Return On Their Investment

Here's Why We're Not Too Worried About Imagion Biosystems' (ASX:IBX) Cash Burn Situation

Jan 06
Here's Why We're Not Too Worried About Imagion Biosystems' (ASX:IBX) Cash Burn Situation

Financial Position Analysis

Short Term Liabilities: IBX has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: IBX has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: IBX has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: IBX's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


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: IBX has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: IBX has less than a year of cash runway if free cash flow continues to reduce at historical rates of 6.5% each year


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