ImmunoPrecise Antibodies Ltd.

TSXV:IPA Stock Report

Market Cap: CA$162.1m

This company listing is no longer active

This company may still be operating, however this listing is no longer active. Find out why through their latest events.

ImmunoPrecise Antibodies Balance Sheet Health

Financial Health criteria checks 4/6

Key information

0%

Debt to equity ratio

CA$0

Debt

Interest coverage ration/a
CashCA$19.24m
EquityCA$66.24m
Total liabilitiesCA$13.70m
Total assetsCA$79.94m

Recent financial health updates

Recent updates

We Think ImmunoPrecise Antibodies (CVE:IPA) Needs To Drive Business Growth Carefully

Oct 20
We Think ImmunoPrecise Antibodies (CVE:IPA) Needs To Drive Business Growth Carefully

Earnings Update: ImmunoPrecise Antibodies Ltd. (CVE:IPA) Just Reported And Analysts Are Boosting Their Estimates

Dec 23
Earnings Update: ImmunoPrecise Antibodies Ltd. (CVE:IPA) Just Reported And Analysts Are Boosting Their Estimates

Is ImmunoPrecise Antibodies (CVE:IPA) Using Debt In A Risky Way?

Nov 25
Is ImmunoPrecise Antibodies (CVE:IPA) Using Debt In A Risky Way?

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


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