Biocartis Group Balance Sheet Health
Financial Health criteria checks 0/6
Biocartis Group has a total shareholder equity of €-54.0M and total debt of €139.3M, which brings its debt-to-equity ratio to -257.9%. Its total assets and total liabilities are €113.0M and €167.0M respectively.
Key information
-257.9%
Debt to equity ratio
€139.26m
Debt
| Interest coverage ratio | n/a |
| Cash | €25.18m |
| Equity | -€53.99m |
| Total liabilities | €166.97m |
| Total assets | €112.98m |
Recent financial health updates
Recent updates
Investors Give Biocartis Group NV (EBR:BCART) Shares A 31% Hiding
Jun 17
Analysts Have Been Trimming Their Biocartis Group NV (EBR:BCART) Price Target After Its Latest Report
Feb 27We Think Biocartis Group (EBR:BCART) Has A Fair Chunk Of Debt
Mar 03What Kind Of Shareholders Own Biocartis Group NV (EBR:BCART)?
Jan 27What We Learned About Biocartis Group's (EBR:BCART) CEO Compensation
Dec 06What Can We Learn About Biocartis Group's (EBR:BCART) CEO Compensation?
Sep 01What Type Of Returns Would Biocartis Group's(EBR:BCART) Shareholders Have Earned If They Purchased Their SharesFive Years Ago?
Jul 28
Financial Position Analysis
Short Term Liabilities: BCART has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: BCART 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: BCART has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: BCART'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: Insufficient data to determine if BCART has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if BCART has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.