Guardant Health Balance Sheet Health
Financial Health criteria checks 3/6
Guardant Health has a total shareholder equity of $166.7M and total debt of $1.1B, which brings its debt-to-equity ratio to 681.7%. Its total assets and total liabilities are $1.7B and $1.5B respectively.
Key information
681.7%
Debt to equity ratio
US$1.14b
Debt
| Interest coverage ratio | n/a |
| Cash | US$958.04m |
| Equity | US$166.75m |
| Total liabilities | US$1.54b |
| Total assets | US$1.70b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5GH's short term assets ($1.1B) exceed its short term liabilities ($175.1M).
Long Term Liabilities: 5GH's short term assets ($1.1B) do not cover its long term liabilities ($1.4B).
Debt to Equity History and Analysis
Debt Level: 5GH's net debt to equity ratio (107.2%) is considered high.
Reducing Debt: 5GH's debt to equity ratio has increased from 1.6% to 681.7% 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: 5GH has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 5GH has sufficient cash runway for 1.9 years if free cash flow continues to reduce at historical rates of 36.8% each year.