Beyond Air Balance Sheet Health
Financial Health criteria checks 5/6
Beyond Air has a total shareholder equity of $27.2M and total debt of $15.5M, which brings its debt-to-equity ratio to 57.1%. Its total assets and total liabilities are $57.0M and $29.8M respectively.
Key information
57.1%
Debt to equity ratio
US$15.52m
Debt
| Interest coverage ratio | n/a |
| Cash | US$34.47m |
| Equity | US$27.19m |
| Total liabilities | US$29.78m |
| Total assets | US$56.96m |
Recent financial health updates
We're Keeping An Eye On Beyond Air's (NASDAQ:XAIR) Cash Burn Rate
Apr 05
Will Beyond Air (NASDAQ:XAIR) Spend Its Cash Wisely?
Dec 14Companies Like Beyond Air (NASDAQ:XAIR) Are In A Position To Invest In Growth
May 02Recent updates
We're Keeping An Eye On Beyond Air's (NASDAQ:XAIR) Cash Burn Rate
Apr 05Will Beyond Air (NASDAQ:XAIR) Spend Its Cash Wisely?
Dec 14Beyond Air presents pilot at-home study data; stock earlier snaps 7-day losing streak
Oct 17Beyond Air: Bottom Line Fundamentals Keep Buyers At Bay
Sep 08Beyond Air affiliate Beyond Cancer doses patient in phase 1 study of ultra-high concentration nitric oxide therapy
Aug 23Beyond Air reaches six-month high after $2.3M insider transactions
Jul 06Companies Like Beyond Air (NASDAQ:XAIR) Are In A Position To Invest In Growth
May 02Here's Why Shareholders May Want To Be Cautious With Increasing Beyond Air, Inc.'s (NASDAQ:XAIR) CEO Pay Packet
Feb 25Financial Position Analysis
Short Term Liabilities: XAIR's short term assets ($43.9M) exceed its short term liabilities ($11.6M).
Long Term Liabilities: XAIR's short term assets ($43.9M) exceed its long term liabilities ($18.2M).
Debt to Equity History and Analysis
Debt Level: XAIR has more cash than its total debt.
Reducing Debt: XAIR's debt to equity ratio has increased from 6.5% to 57.1% 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: XAIR has sufficient cash runway for 7 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: XAIR is forecast to have sufficient cash runway for 5 months based on free cash flow estimates, but has since raised additional capital.