Biodesix Balance Sheet Health
Financial Health criteria checks 4/6
Biodesix has a total shareholder equity of $27.9M and total debt of $36.1M, which brings its debt-to-equity ratio to 129.7%. Its total assets and total liabilities are $102.7M and $74.9M respectively.
Key information
129.7%
Debt to equity ratio
US$36.14m
Debt
| Interest coverage ratio | n/a |
| Cash | US$31.41m |
| Equity | US$27.86m |
| Total liabilities | US$74.89m |
| Total assets | US$102.74m |
Recent financial health updates
Recent updates
Does Biodesix (NASDAQ:BDSX) Have A Healthy Balance Sheet?
Sep 24
Biodesix, Inc.'s (NASDAQ:BDSX) Popularity With Investors Is Clear
Jun 12With A 25% Price Drop For Biodesix, Inc. (NASDAQ:BDSX) You'll Still Get What You Pay For
Mar 03Biodesix, Inc.'s (NASDAQ:BDSX) P/S Is Still On The Mark Following 28% Share Price Bounce
Jan 04It's Down 28% But Biodesix, Inc. (NASDAQ:BDSX) Could Be Riskier Than It Looks
Jul 16A Second Look At Biodesix
Oct 18Biodesix expects Q3 revenue above the consensus
Oct 11Biodesix GAAP EPS of -$0.40 beats by $0.07, revenue of $10.95M beats by $2.12M
Aug 04Biodesix: Bad Diagnosis
May 26Analysts' Revenue Estimates For Biodesix, Inc. (NASDAQ:BDSX) Are Surging Higher
Mar 15Need To Know: Analysts Just Made A Substantial Cut To Their Biodesix, Inc. (NASDAQ:BDSX) Estimates
Nov 25Financial Position Analysis
Short Term Liabilities: BDSX's short term assets ($44.0M) exceed its short term liabilities ($13.0M).
Long Term Liabilities: BDSX's short term assets ($44.0M) do not cover its long term liabilities ($61.9M).
Debt to Equity History and Analysis
Debt Level: BDSX's net debt to equity ratio (17%) is considered satisfactory.
Reducing Debt: BDSX had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: BDSX has sufficient cash runway for 6 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: Insufficient data to determine if BDSX has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.