This company is no longer active
Biocept Balance Sheet Health
Financial Health criteria checks 5/6
Biocept 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 $23.0M and $20.6M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$6.77m |
| Equity | US$2.43m |
| Total liabilities | US$20.57m |
| Total assets | US$22.99m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: B00's short term assets ($9.1M) exceed its short term liabilities ($4.4M).
Long Term Liabilities: B00's short term assets ($9.1M) do not cover its long term liabilities ($16.2M).
Debt to Equity History and Analysis
Debt Level: B00 is debt free.
Reducing Debt: B00 has no debt compared to 5 years ago when its debt to equity ratio was 8.8%.
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: B00 has sufficient cash runway for 4 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: B00 is forecast to have sufficient cash runway for 4 months based on free cash flow estimates, but has since raised additional capital.