Beyond Air Balance Sheet Health
Financial Health criteria checks 5/6
Beyond Air has a total shareholder equity of $29.3M and total debt of $15.6M, which brings its debt-to-equity ratio to 53.3%. Its total assets and total liabilities are $53.0M and $23.7M respectively.
Key information
53.3%
Debt to equity ratio
US$15.63m
Debt
| Interest coverage ratio | n/a |
| Cash | US$28.45m |
| Equity | US$29.29m |
| Total liabilities | US$23.72m |
| Total assets | US$53.01m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 48L's short term assets ($38.0M) exceed its short term liabilities ($6.6M).
Long Term Liabilities: 48L's short term assets ($38.0M) exceed its long term liabilities ($17.1M).
Debt to Equity History and Analysis
Debt Level: 48L has more cash than its total debt.
Reducing Debt: 48L's debt to equity ratio has increased from 1.6% to 53.3% 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: 48L has sufficient cash runway for 6 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: 48L is forecast to have sufficient cash runway for 5 months based on free cash flow estimates, but has since raised additional capital.