Danimer Scientific Balance Sheet Health
Financial Health criteria checks 4/6
Danimer Scientific has a total shareholder equity of $278.0M and total debt of $382.8M, which brings its debt-to-equity ratio to 137.7%. Its total assets and total liabilities are $698.1M and $420.1M respectively.
Key information
137.7%
Debt to equity ratio
US$382.80m
Debt
| Interest coverage ratio | n/a |
| Cash | US$59.17m |
| Equity | US$278.02m |
| Total liabilities | US$420.11m |
| Total assets | US$698.13m |
Recent financial health updates
Recent updates
Broker Revenue Forecasts For Danimer Scientific, Inc. (NYSE:DNMR) Are Surging Higher
Apr 25
Danimer Scientific Is In Trouble
Nov 17Danimer Scientific: It's Not Time To Buy
Sep 05Danimer Scientific: Falling Revenues, Negative Gross Margins, And The Biodegradable Plastics Dream
Jun 20Analyst Forecasts Just Became More Bearish On Danimer Scientific, Inc. (NYSE:DNMR)
May 15Danimer Scientific: Falling Momentum As Cash Burn Climbs
Dec 19What Does The Future Hold For Danimer Scientific, Inc. (NYSE:DNMR)? These Analysts Have Been Cutting Their Estimates
Nov 17Danimer Scientific: Biodegradable Plastics Are Still Important
Sep 30Danimer Scientific stock slides on $100M securities offering
Aug 26These Analysts Think Danimer Scientific, Inc.'s (NYSE:DNMR) Sales Are Under Threat
Aug 17Danimer Scientific: Bright Future But Currently A Murky Investment Case
Jun 07Danimer Scientific: An Innovative Bioplastics Player With Huge Upside Potential
Mar 10Danimer Scientific: Growth Opportunities Will Promote Its Stock Price
Dec 24What Does The Future Hold For Danimer Scientific, Inc. (NYSE:DNMR)? These Analysts Have Been Cutting Their Estimates
Nov 25Danimer Scientific: Prepare For Takeoff
Aug 19Danimer Scientific Momentarily Stumbles In Mission To Produce Biodegradable Plastics
Jun 04Financial Position Analysis
Short Term Liabilities: DNMR's short term assets ($108.0M) exceed its short term liabilities ($15.7M).
Long Term Liabilities: DNMR's short term assets ($108.0M) do not cover its long term liabilities ($404.4M).
Debt to Equity History and Analysis
Debt Level: DNMR's net debt to equity ratio (116.4%) is considered high.
Reducing Debt: DNMR's debt to equity ratio has reduced from 217.4% to 137.7% 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: DNMR has sufficient cash runway for 9 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: DNMR is forecast to have sufficient cash runway for 9 months based on free cash flow estimates, but has since raised additional capital.