Avid Bioservices Balance Sheet Health
Financial Health criteria checks 1/6
Avid Bioservices has a total shareholder equity of $180.2M and total debt of $141.4M, which brings its debt-to-equity ratio to 78.5%. Its total assets and total liabilities are $455.2M and $275.1M respectively.
Key information
78.5%
Debt to equity ratio
US$141.42m
Debt
Interest coverage ratio | n/a |
Cash | US$30.71m |
Equity | US$180.17m |
Total liabilities | US$275.06m |
Total assets | US$455.23m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TEHP's short term assets ($103.6M) do not cover its short term liabilities ($222.9M).
Long Term Liabilities: TEHP's short term assets ($103.6M) exceed its long term liabilities ($52.2M).
Debt to Equity History and Analysis
Debt Level: TEHP's net debt to equity ratio (61.4%) is considered high.
Reducing Debt: TEHP's debt to equity ratio has increased from 0% to 78.5% 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: Insufficient data to determine if TEHP has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if TEHP has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.