IDEX Biometrics ASA

BATS-CHIXE:IDEXO Stock Report

Market Cap: NOK 84.6m

IDEX Biometrics Balance Sheet Health

Financial Health criteria checks 4/6

IDEX Biometrics has a total shareholder equity of $2.5M and total debt of $4.2M, which brings its debt-to-equity ratio to 167.1%. Its total assets and total liabilities are $14.6M and $12.1M respectively.

Key information

167.1%

Debt to equity ratio

US$4.17m

Debt

Interest coverage ration/a
CashUS$2.06m
EquityUS$2.50m
Total liabilitiesUS$12.10m
Total assetsUS$14.60m

Recent financial health updates

Recent updates

Financial Position Analysis

Short Term Liabilities: IDEXO's short term assets ($11.7M) exceed its short term liabilities ($11.1M).

Long Term Liabilities: IDEXO's short term assets ($11.7M) exceed its long term liabilities ($968.0K).


Debt to Equity History and Analysis

Debt Level: IDEXO's net debt to equity ratio (84.6%) is considered high.

Reducing Debt: IDEXO's debt to equity ratio has increased from 0% to 167.1% 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: IDEXO has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: IDEXO is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.


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