Biodesix Balance Sheet Health
Financial Health criteria checks 4/6
Biodesix has a total shareholder equity of $4.6M and total debt of $35.3M, which brings its debt-to-equity ratio to 770.2%. Its total assets and total liabilities are $99.1M and $94.5M respectively.
Key information
770.2%
Debt to equity ratio
US$35.28m
Debt
| Interest coverage ratio | n/a |
| Cash | US$26.28m |
| Equity | US$4.58m |
| Total liabilities | US$94.52m |
| Total assets | US$99.10m |
Recent financial health updates
No updates
Recent updates
With A 25% Price Drop For Biodesix, Inc. (NASDAQ:BDSX) You'll Still Get What You Pay For
Mar 03
Biodesix, 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 25Bearing In On Biodesix
Sep 13Time To Worry? Analysts Are Downgrading Their Biodesix, Inc. (NASDAQ:BDSX) Outlook
Aug 16Biodesix: Continued Concerns After The Boom-Bust Cycle
Jul 14Biodesix pops 6% on launch of SARS CoV-2 Neutralization Antibody Test
Jun 15Biodesix announces strategic partnership with Datavant
Jun 04Biodesix enrolls first patient in lung cancer study
May 26Financial Position Analysis
Short Term Liabilities: BDSX's short term assets ($39.7M) exceed its short term liabilities ($33.4M).
Long Term Liabilities: BDSX's short term assets ($39.7M) do not cover its long term liabilities ($61.1M).
Debt to Equity History and Analysis
Debt Level: BDSX's net debt to equity ratio (196.3%) is considered high.
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 7 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: BDSX is forecast to have sufficient cash runway for 11 months based on free cash flow estimates, but has since raised additional capital.