IDEX Biometrics Balance Sheet Health
Financial Health criteria checks 5/6
IDEX Biometrics has a total shareholder equity of $6.2M and total debt of $3.9M, which brings its debt-to-equity ratio to 62.9%. Its total assets and total liabilities are $17.4M and $11.1M respectively.
Key information
62.9%
Debt to equity ratio
US$3.93m
Debt
Interest coverage ratio | n/a |
Cash | US$3.04m |
Equity | US$6.25m |
Total liabilities | US$11.10m |
Total assets | US$17.35m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IDEXO's short term assets ($13.1M) exceed its short term liabilities ($10.0M).
Long Term Liabilities: IDEXO's short term assets ($13.1M) exceed its long term liabilities ($1.1M).
Debt to Equity History and Analysis
Debt Level: IDEXO's net debt to equity ratio (14.2%) is considered satisfactory.
Reducing Debt: IDEXO's debt to equity ratio has increased from 0% to 62.9% 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.