Bioventix Balance Sheet Health
Financial Health criteria checks 6/6
Bioventix has a total shareholder equity of £12.0M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £13.7M and £1.7M respectively. Bioventix's EBIT is £10.6M making its interest coverage ratio -52.6. It has cash and short-term investments of £6.0M.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | -52.6x |
| Cash | UK£6.00m |
| Equity | UK£12.00m |
| Total liabilities | UK£1.73m |
| Total assets | UK£13.73m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 51B's short term assets (£12.8M) exceed its short term liabilities (£1.7M).
Long Term Liabilities: 51B has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 51B is debt free.
Reducing Debt: 51B has not had any debt for past 5 years.
Debt Coverage: 51B has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 51B has no debt, therefore coverage of interest payments is not a concern.