Codexis Balance Sheet Health
Financial Health criteria checks 5/6
Codexis has a total shareholder equity of $73.4M and total debt of $28.6M, which brings its debt-to-equity ratio to 39%. Its total assets and total liabilities are $148.2M and $74.8M respectively.
Key information
39.0%
Debt to equity ratio
US$28.63m
Debt
| Interest coverage ratio | n/a |
| Cash | US$90.26m |
| Equity | US$73.40m |
| Total liabilities | US$74.78m |
| Total assets | US$148.18m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4QK's short term assets ($112.9M) exceed its short term liabilities ($35.1M).
Long Term Liabilities: 4QK's short term assets ($112.9M) exceed its long term liabilities ($39.7M).
Debt to Equity History and Analysis
Debt Level: 4QK has more cash than its total debt.
Reducing Debt: 4QK's debt to equity ratio has increased from 0% to 39% 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: 4QK has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 4QK has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 18.9% each year