Biome Australia Balance Sheet Health
Financial Health criteria checks 3/6
Biome Australia has a total shareholder equity of A$2.1M and total debt of A$1.1M, which brings its debt-to-equity ratio to 52.3%. Its total assets and total liabilities are A$7.2M and A$5.0M respectively.
Key information
52.3%
Debt to equity ratio
AU$1.12m
Debt
Interest coverage ratio | n/a |
Cash | AU$2.02m |
Equity | AU$2.15m |
Total liabilities | AU$5.03m |
Total assets | AU$7.18m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BIO's short term assets (A$6.5M) exceed its short term liabilities (A$4.6M).
Long Term Liabilities: BIO's short term assets (A$6.5M) exceed its long term liabilities (A$384.1K).
Debt to Equity History and Analysis
Debt Level: BIO has more cash than its total debt.
Reducing Debt: Insufficient data to determine if BIO's debt to equity ratio has reduced over the past 5 years.
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: BIO has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: BIO has less than a year of cash runway if free cash flow continues to reduce at historical rates of 4.9% each year