Interpace Biosciences Balance Sheet Health
Financial Health criteria checks 2/6
Interpace Biosciences has a total shareholder equity of $-11.1M and total debt of $5.7M, which brings its debt-to-equity ratio to -51%. Its total assets and total liabilities are $14.0M and $25.2M respectively. Interpace Biosciences's EBIT is $6.4M making its interest coverage ratio 8.1. It has cash and short-term investments of $2.1M.
Key information
-51.0%
Debt to equity ratio
US$5.69m
Debt
| Interest coverage ratio | 8.1x |
| Cash | US$2.11m |
| Equity | -US$11.15m |
| Total liabilities | US$25.19m |
| Total assets | US$14.04m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: IDXG has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: IDXG has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: IDXG has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: IDXG's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: IDXG's debt is well covered by operating cash flow (80.9%).
Interest Coverage: IDXG's interest payments on its debt are well covered by EBIT (8.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 03:55 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Interpace Biosciences, Inc. is covered by 12 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Benjamin Haynor | Alliance Global Partners |
| Robert Wasserman | Dawson James Securities |
| Yi Chen | H.C. Wainwright & Co. |