Akoya Biosciences Balance Sheet Health
Financial Health criteria checks 3/6
Akoya Biosciences has a total shareholder equity of $32.7M and total debt of $75.5M, which brings its debt-to-equity ratio to 230.6%. Its total assets and total liabilities are $154.8M and $122.0M respectively.
Key information
230.6%
Debt to equity ratio
US$75.47m
Debt
| Interest coverage ratio | n/a |
| Cash | US$61.58m |
| Equity | US$32.72m |
| Total liabilities | US$122.03m |
| Total assets | US$154.75m |
Recent financial health updates
Recent updates
We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Akoya Biosciences, Inc.'s (NASDAQ:AKYA) CEO For Now
May 29
Investors Continue Waiting On Sidelines For Akoya Biosciences, Inc. (NASDAQ:AKYA)
May 10Is Akoya Biosciences (NASDAQ:AKYA) Weighed On By Its Debt Load?
Feb 28Investors Still Aren't Entirely Convinced By Akoya Biosciences, Inc.'s (NASDAQ:AKYA) Revenues Despite 31% Price Jump
Nov 25Akoya Biosciences Seeks Growth Despite Higher Operating Losses
May 30Akoya Biosciences, Inc. (NASDAQ:AKYA) Just Reported First-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?
May 11Akoya Biosciences and AstraZeneca ink collaboration agreement
Jun 04Financial Position Analysis
Short Term Liabilities: AKYA's short term assets ($101.8M) exceed its short term liabilities ($33.2M).
Long Term Liabilities: AKYA's short term assets ($101.8M) exceed its long term liabilities ($88.8M).
Debt to Equity History and Analysis
Debt Level: AKYA's net debt to equity ratio (42.5%) is considered high.
Reducing Debt: Insufficient data to determine if AKYA's debt to equity ratio has reduced 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: AKYA has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if AKYA has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.