Biotalys Balance Sheet Health
Financial Health criteria checks 5/6
Biotalys has a total shareholder equity of €25.6M and total debt of €2.9M, which brings its debt-to-equity ratio to 11.3%. Its total assets and total liabilities are €36.6M and €11.0M respectively.
Key information
11.3%
Debt to equity ratio
€2.89m
Debt
| Interest coverage ratio | n/a |
| Cash | €21.57m |
| Equity | €25.57m |
| Total liabilities | €11.01m |
| Total assets | €36.58m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BTLSB's short term assets (€24.9M) exceed its short term liabilities (€5.5M).
Long Term Liabilities: BTLSB's short term assets (€24.9M) exceed its long term liabilities (€5.5M).
Debt to Equity History and Analysis
Debt Level: BTLSB has more cash than its total debt.
Reducing Debt: BTLSB's debt to equity ratio has increased from 0% to 11.3% 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: BTLSB has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: BTLSB has sufficient cash runway for 2.1 years if free cash flow continues to reduce at historical rates of 10.5% each year.