Beyond Air Balance Sheet Health
Financial Health criteria checks 3/6
Beyond Air has a total shareholder equity of $27.2M and total debt of $15.5M, which brings its debt-to-equity ratio to 57.1%. Its total assets and total liabilities are $57.0M and $29.8M respectively.
Key information
57.1%
Debt to equity ratio
US$15.52m
Debt
Interest coverage ratio | n/a |
Cash | US$34.47m |
Equity | US$27.19m |
Total liabilities | US$29.78m |
Total assets | US$56.96m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 48L's short term assets ($43.9M) exceed its short term liabilities ($11.6M).
Long Term Liabilities: 48L's short term assets ($43.9M) exceed its long term liabilities ($18.2M).
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 6.5% to 57.1% 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 less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 48L has less than a year of cash runway if free cash flow continues to reduce at historical rates of 40.2% each year