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ImmunoPrecise Antibodies Balance Sheet Health
Financial Health criteria checks 4/6
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$19.24m |
| Equity | CA$66.24m |
| Total liabilities | CA$13.70m |
| Total assets | CA$79.94m |
Financial Position Analysis
Short Term Liabilities: IPA's short term assets (CA$27.1M) exceed its short term liabilities (CA$5.4M).
Long Term Liabilities: IPA's short term assets (CA$27.1M) exceed its long term liabilities (CA$8.3M).
Debt to Equity History and Analysis
Debt Level: IPA is debt free.
Reducing Debt: IPA had no debt 5 years ago.
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: IPA has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: IPA has less than a year of cash runway if free cash flow continues to reduce at historical rates of 36% each year