ABVC BioPharma Balance Sheet Health
Financial Health criteria checks 3/6
ABVC BioPharma has a total shareholder equity of $8.0M and total debt of $2.2M, which brings its debt-to-equity ratio to 28%. Its total assets and total liabilities are $14.5M and $6.5M respectively.
Key information
28.0%
Debt to equity ratio
US$2.24m
Debt
| Interest coverage ratio | n/a |
| Cash | US$208.15k |
| Equity | US$7.98m |
| Total liabilities | US$6.48m |
| Total assets | US$14.46m |
Recent financial health updates
Recent updates
ABVC BioPharma (NASDAQ:ABVC) Is Carrying A Fair Bit Of Debt
Mar 13
Australian ethics committee approves ABVC's phase 2 study plan for its eye-gel substitute
Oct 05ABVC Biopharma rises on clinical update from Phase 2 trial of ADHD drug
Sep 23ABVC BioPharma (NASDAQ:ABVC) Has Debt But No Earnings; Should You Worry?
Aug 18ABVC BioPharma GAAP EPS of -$0.06 beats by $0.07, revenue of $0.31M beats by $0.3M
Aug 17ABVC Biopharma rises 18% on acceleration of ADHD drug Phase 2 trial
Jul 13Thai ethics committee approves ABVC's phase 2 study protocol for its eye-gel substitute
Jun 30Is ABVC BioPharma (NASDAQ:ABVC) Using Too Much Debt?
Apr 04Is ABVC BioPharma (NASDAQ:ABVC) A Risky Investment?
Dec 09Is ABVC BioPharma (NASDAQ:ABVC) A Risky Investment?
Aug 05Financial Position Analysis
Short Term Liabilities: ABVC's short term assets ($2.1M) do not cover its short term liabilities ($6.3M).
Long Term Liabilities: ABVC's short term assets ($2.1M) exceed its long term liabilities ($167.9K).
Debt to Equity History and Analysis
Debt Level: ABVC's net debt to equity ratio (25.4%) is considered satisfactory.
Reducing Debt: ABVC's debt to equity ratio has reduced from 563.8% to 28% 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: ABVC has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ABVC has less than a year of cash runway if free cash flow continues to reduce at historical rates of 13.2% each year
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 23:49 |
| End of Day Share Price | 2024/12/24 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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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
ABVC BioPharma, Inc. is covered by 2 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 |
|---|---|
| Jason McCarthy | Maxim Group |
| Marla Marin | Zacks Small-Cap Research |