Dimerix Balance Sheet Health
Financial Health criteria checks 5/6
Dimerix has a total shareholder equity of A$1.7M and total debt of A$1.4M, which brings its debt-to-equity ratio to 83.2%. Its total assets and total liabilities are A$15.1M and A$13.4M respectively.
Key information
83.2%
Debt to equity ratio
AU$1.43m
Debt
Interest coverage ratio | n/a |
Cash | AU$14.81m |
Equity | AU$1.72m |
Total liabilities | AU$13.37m |
Total assets | AU$15.09m |
Recent financial health updates
Is Dimerix (ASX:DXB) Using Too Much Debt?
Dec 19We're A Little Worried About Dimerix's (ASX:DXB) Cash Burn Rate
Jul 05Can Dimerix (ASX:DXB) Afford To Invest In Growth?
Feb 17We're A Little Worried About Dimerix's (ASX:DXB) Cash Burn Rate
Sep 16We're Keeping An Eye On Dimerix's (ASX:DXB) Cash Burn Rate
Jun 02Is Dimerix (ASX:DXB) In A Good Position To Deliver On Growth Plans?
May 17Recent updates
Is Dimerix (ASX:DXB) Using Too Much Debt?
Dec 19We're A Little Worried About Dimerix's (ASX:DXB) Cash Burn Rate
Jul 05Can Dimerix (ASX:DXB) Afford To Invest In Growth?
Feb 17We're A Little Worried About Dimerix's (ASX:DXB) Cash Burn Rate
Sep 16We're Keeping An Eye On Dimerix's (ASX:DXB) Cash Burn Rate
Jun 02Most Shareholders Will Probably Agree With Dimerix Limited's (ASX:DXB) CEO Compensation
Sep 20Is Dimerix (ASX:DXB) In A Good Position To Deliver On Growth Plans?
May 17Here's What We Think About Dimerix's (ASX:DXB) CEO Pay
Feb 01Financial Position Analysis
Short Term Liabilities: DXB's short term assets (A$15.1M) exceed its short term liabilities (A$3.1M).
Long Term Liabilities: DXB's short term assets (A$15.1M) exceed its long term liabilities (A$10.3M).
Debt to Equity History and Analysis
Debt Level: DXB has more cash than its total debt.
Reducing Debt: DXB's debt to equity ratio has increased from 0% to 83.2% 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: Whilst unprofitable DXB has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: DXB is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 22.7% per year.