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
Here's Why IDEX Biometrics (OB:IDEX) Must Use Its Cash Wisely
Sep 11
We Think IDEX Biometrics (OB:IDEX) Needs To Drive Business Growth Carefully
Oct 23We Think IDEX Biometrics (OB:IDEX) Needs To Drive Business Growth Carefully
May 14Recent updates
Here's Why IDEX Biometrics (OB:IDEX) Must Use Its Cash Wisely
Sep 11We Think IDEX Biometrics (OB:IDEX) Needs To Drive Business Growth Carefully
Oct 23We Think IDEX Biometrics (OB:IDEX) Needs To Drive Business Growth Carefully
May 14Chief Executive Officer Vincent Graziani Just Bought 19% More Shares In IDEX Biometrics ASA (OB:IDEX)
Mar 03Did The Underlying Business Drive IDEX Biometrics' (OB:IDEX) Lovely 324% Share Price Gain?
Feb 27Financial Position Analysis
Short Term Liabilities: IDEX's short term assets ($11.7M) exceed its short term liabilities ($11.1M).
Long Term Liabilities: IDEX's short term assets ($11.7M) exceed its long term liabilities ($968.0K).
Debt to Equity History and Analysis
Debt Level: IDEX's net debt to equity ratio (84.6%) is considered high.
Reducing Debt: IDEX'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: IDEX has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: IDEX is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.