Biome Australia Balance Sheet Health
Financial Health criteria checks 4/6
Biome Australia has a total shareholder equity of A$2.9M and total debt of A$1.0M, which brings its debt-to-equity ratio to 35.2%. Its total assets and total liabilities are A$8.3M and A$5.4M respectively.
Key information
35.2%
Debt to equity ratio
AU$1.02m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$2.87m |
| Equity | AU$2.90m |
| Total liabilities | AU$5.37m |
| Total assets | AU$8.28m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BIO's short term assets (A$7.7M) exceed its short term liabilities (A$5.1M).
Long Term Liabilities: BIO's short term assets (A$7.7M) exceed its long term liabilities (A$229.7K).
Debt to Equity History and Analysis
Debt Level: BIO has more cash than its total debt.
Reducing Debt: BIO's debt to equity ratio has increased from 3.5% to 35.2% 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 sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if BIO has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.