Ainos Balance Sheet Health
Financial Health criteria checks 3/6
Ainos has a total shareholder equity of $24.4M and total debt of $5.7M, which brings its debt-to-equity ratio to 23.3%. Its total assets and total liabilities are $31.8M and $7.4M respectively.
Key information
23.3%
Debt to equity ratio
US$5.69m
Debt
| Interest coverage ratio | n/a |
| Cash | US$1.89m |
| Equity | US$24.45m |
| Total liabilities | US$7.39m |
| Total assets | US$31.84m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FZX's short term assets ($2.5M) exceed its short term liabilities ($1.3M).
Long Term Liabilities: FZX's short term assets ($2.5M) do not cover its long term liabilities ($6.1M).
Debt to Equity History and Analysis
Debt Level: FZX's net debt to equity ratio (15.6%) is considered satisfactory.
Reducing Debt: FZX's debt to equity ratio has reduced from 70.3% to 23.3% 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: FZX has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: FZX has less than a year of cash runway if free cash flow continues to reduce at historical rates of 37.2% each year