BIOLASE Balance Sheet Health
Financial Health criteria checks 2/6
BIOLASE has a total shareholder equity of $2.0M and total debt of $14.0M, which brings its debt-to-equity ratio to 718.1%. Its total assets and total liabilities are $35.1M and $33.1M respectively.
Key information
718.1%
Debt to equity ratio
US$14.05m
Debt
Interest coverage ratio | n/a |
Cash | US$6.57m |
Equity | US$1.96m |
Total liabilities | US$33.15m |
Total assets | US$35.10m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BTH0's short term assets ($24.9M) exceed its short term liabilities ($19.7M).
Long Term Liabilities: BTH0's short term assets ($24.9M) exceed its long term liabilities ($13.5M).
Debt to Equity History and Analysis
Debt Level: BTH0's net debt to equity ratio (382.5%) is considered high.
Reducing Debt: BTH0's debt to equity ratio has increased from 97.7% to 718.1% 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: BTH0 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: BTH0 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 8.8% each year