Advagene Biopharma Balance Sheet Health
Financial Health criteria checks 6/6
Advagene Biopharma has a total shareholder equity of NT$108.6M and total debt of NT$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NT$126.5M and NT$17.9M respectively.
Key information
0%
Debt to equity ratio
NT$0
Debt
| Interest coverage ratio | n/a |
| Cash | NT$96.53m |
| Equity | NT$108.56m |
| Total liabilities | NT$17.95m |
| Total assets | NT$126.50m |
Financial Position Analysis
Short Term Liabilities: 6709's short term assets (NT$118.5M) exceed its short term liabilities (NT$12.5M).
Long Term Liabilities: 6709's short term assets (NT$118.5M) exceed its long term liabilities (NT$5.5M).
Debt to Equity History and Analysis
Debt Level: 6709 is debt free.
Reducing Debt: 6709 has not had any debt for 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: 6709 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 6709 has sufficient cash runway for 1.4 years if free cash flow continues to reduce at historical rates of 21.5% each year.