genedrive Balance Sheet Health
Financial Health criteria checks 4/6
genedrive has a total shareholder equity of £1.5M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £3.4M and £1.9M respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | n/a |
| Cash | UK£1.23m |
| Equity | UK£1.51m |
| Total liabilities | UK£1.93m |
| Total assets | UK£3.44m |
Recent financial health updates
Is genedrive (LON:GDR) In A Good Position To Invest In Growth?
Mar 08
Here's Why We're Watching genedrive's (LON:GDR) Cash Burn Situation
Jul 11We're A Little Worried About genedrive's (LON:GDR) Cash Burn Rate
Aug 30Here's Why genedrive (LON:GDR) Must Use Its Cash Wisely
May 17Recent updates
Is genedrive (LON:GDR) In A Good Position To Invest In Growth?
Mar 08Here's Why We're Watching genedrive's (LON:GDR) Cash Burn Situation
Jul 11We're A Little Worried About genedrive's (LON:GDR) Cash Burn Rate
Aug 30Here's Why genedrive (LON:GDR) Must Use Its Cash Wisely
May 17Is genedrive's (LON:GDR) Share Price Gain Of 252% Well Earned?
Jan 29
Financial Position Analysis
Short Term Liabilities: GDR's short term assets (£3.2M) exceed its short term liabilities (£1.9M).
Long Term Liabilities: GDR has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: GDR is debt free.
Reducing Debt: GDR currently has no debt however we can't compare to 5 years ago as we have no data for that period.
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: GDR has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: GDR has less than a year of cash runway if free cash flow continues to reduce at historical rates of 5.7% each year