Guardant Health Financial Health
How is Guardant Health's financial position?
Financial Health Score3/6
Financial Health Score 3/6
Short Term Liabilities
Long Term Liabilities
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: GH's short term assets ($1.1B) exceed its short term liabilities ($175.1M).
Long Term Liabilities: GH's short term assets ($1.1B) do not cover its long term liabilities ($1.4B).
Debt to Equity History and Analysis
Debt Level: GH's net debt to equity ratio (107.2%) is considered high.
Reducing Debt: GH's debt to equity ratio has increased from 1.6% to 681.7% over the past 5 years.
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: GH has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: GH has sufficient cash runway for 2.3 years if free cash flow continues to reduce at historical rates of 36.8% each year.