Bango Balance Sheet Health
Financial Health criteria checks 2/6
Bango has a total shareholder equity of $27.5M and total debt of $7.7M, which brings its debt-to-equity ratio to 28%. Its total assets and total liabilities are $69.7M and $42.2M respectively.
Key information
28.0%
Debt to equity ratio
US$7.70m
Debt
| Interest coverage ratio | n/a |
| Cash | US$3.76m |
| Equity | US$27.49m |
| Total liabilities | US$42.18m |
| Total assets | US$69.67m |
Recent financial health updates
Does Bango (LON:BGO) Have A Healthy Balance Sheet?
Sep 19
Companies Like Bango (LON:BGO) Can Afford To Invest In Growth
Dec 28Recent updates
Bango PLC (LON:BGO) Soars 27% But It's A Story Of Risk Vs Reward
Apr 11Does Bango (LON:BGO) Have A Healthy Balance Sheet?
Sep 19Estimating The Fair Value Of Bango plc (LON:BGO)
May 20Bango's (LON:BGO) Earnings Are Of Questionable Quality
Mar 25Imagine Holding Bango (LON:BGO) Shares While The Price Zoomed 377% Higher
Mar 08What Is The Ownership Structure Like For Bango plc (LON:BGO)?
Feb 01Companies Like Bango (LON:BGO) Can Afford To Invest In Growth
Dec 28The Bango (LON:BGO) Share Price Is Up 86% And Shareholders Are Holding On
Nov 23Financial Position Analysis
Short Term Liabilities: BGO's short term assets ($27.7M) do not cover its short term liabilities ($33.8M).
Long Term Liabilities: BGO's short term assets ($27.7M) exceed its long term liabilities ($8.4M).
Debt to Equity History and Analysis
Debt Level: BGO's net debt to equity ratio (14.3%) is considered satisfactory.
Reducing Debt: BGO's debt to equity ratio has increased from 0% to 28% 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: BGO has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if BGO has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.