IDEX Biometrics Balance Sheet Health
Financial Health criteria checks 3/6
IDEX Biometrics has a total shareholder equity of $11.3M and total debt of $5.1M, which brings its debt-to-equity ratio to 44.8%. Its total assets and total liabilities are $25.0M and $13.6M respectively.
Key information
44.8%
Debt to equity ratio
US$5.08m
Debt
Interest coverage ratio | n/a |
Cash | US$11.35m |
Equity | US$11.33m |
Total liabilities | US$13.63m |
Total assets | US$24.96m |
Recent financial health 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 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 ($20.3M) exceed its short term liabilities ($12.4M).
Long Term Liabilities: IDEX's short term assets ($20.3M) exceed its long term liabilities ($1.2M).
Debt to Equity History and Analysis
Debt Level: IDEX has more cash than its total debt.
Reducing Debt: IDEX's debt to equity ratio has increased from 0% to 44.8% 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 less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: IDEX has less than a year of cash runway if free cash flow continues to reduce at historical rates of 1% each year