Bio-Gate Balance Sheet Health
Financial Health criteria checks 4/6
Bio-Gate has a total shareholder equity of €2.4M and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €4.4M and €2.1M respectively.
Key information
0%
Debt to equity ratio
€0
Debt
| Interest coverage ratio | n/a |
| Cash | €476.00k |
| Equity | €2.35m |
| Total liabilities | €2.05m |
| Total assets | €4.40m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BIG1's short term assets (€2.5M) exceed its short term liabilities (€1.0M).
Long Term Liabilities: BIG1's short term assets (€2.5M) exceed its long term liabilities (€1.0M).
Debt to Equity History and Analysis
Debt Level: BIG1 is debt free.
Reducing Debt: BIG1 has no debt compared to 5 years ago when its debt to equity ratio was 6.9%.
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: BIG1 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: BIG1 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 13.8% each year