Biome Technologies Balance Sheet Health
Financial Health criteria checks 4/6
Biome Technologies has a total shareholder equity of £15.0K and total debt of £785.0K, which brings its debt-to-equity ratio to 5233.3%. Its total assets and total liabilities are £3.2M and £3.2M respectively.
Key information
5,233.3%
Debt to equity ratio
UK£785.00k
Debt
| Interest coverage ratio | n/a |
| Cash | UK£626.00k |
| Equity | UK£15.00k |
| Total liabilities | UK£3.23m |
| Total assets | UK£3.25m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BIOM's short term assets (£2.0M) exceed its short term liabilities (£1.8M).
Long Term Liabilities: BIOM's short term assets (£2.0M) exceed its long term liabilities (£1.4M).
Debt to Equity History and Analysis
Debt Level: BIOM's net debt to equity ratio (1060%) is considered high.
Reducing Debt: BIOM's debt to equity ratio has increased from 0% to 5233.3% 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: BIOM has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: BIOM has sufficient cash runway for 1 years if free cash flow continues to reduce at historical rates of 3.6% each year.