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 ratio | n/a |
| Cash | US$2.06m |
| Equity | US$2.50m |
| Total liabilities | US$12.10m |
| Total assets | US$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.