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BiON Balance Sheet Health
Financial Health criteria checks 4/6
Key information
49.6%
Debt to equity ratio
RM783.00k
Debt
| Interest coverage ratio | n/a |
| Cash | RM6.00k |
| Equity | RM1.58m |
| Total liabilities | RM3.90m |
| Total assets | RM5.48m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8YZ's short term assets (MYR5.5M) exceed its short term liabilities (MYR3.1M).
Long Term Liabilities: 8YZ's short term assets (MYR5.5M) exceed its long term liabilities (MYR783.0K).
Debt to Equity History and Analysis
Debt Level: 8YZ's net debt to equity ratio (49.2%) is considered high.
Reducing Debt: 8YZ's debt to equity ratio has increased from 25.4% to 49.6% 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: Whilst unprofitable 8YZ has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 8YZ is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 8.7% per year.