BioCardia Balance Sheet Health
Financial Health criteria checks 1/6
BioCardia has a total shareholder equity of $-1.6M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $3.0M and $4.6M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$1.10m |
| Equity | -US$1.60m |
| Total liabilities | US$4.59m |
| Total assets | US$2.99m |
Recent financial health updates
Will BioCardia (NASDAQ:BCDA) Spend Its Cash Wisely?
Aug 24
Here's Why We're Watching BioCardia's (NASDAQ:BCDA) Cash Burn Situation
May 10We Think BioCardia (NASDAQ:BCDA) Needs To Drive Business Growth Carefully
Jan 06Recent updates
Here's Why BioCardia, Inc.'s (NASDAQ:BCDA) CEO Compensation Is The Least Of Shareholders Concerns
Oct 12BioCardia stock rises on contract for delivery products for BlueRock's cell therapies
Aug 24Will BioCardia (NASDAQ:BCDA) Spend Its Cash Wisely?
Aug 24Here's Why We're Watching BioCardia's (NASDAQ:BCDA) Cash Burn Situation
May 10We Think BioCardia (NASDAQ:BCDA) Needs To Drive Business Growth Carefully
Jan 06We Think BioCardia (NASDAQ:BCDA) Needs To Drive Business Growth Carefully
Sep 23Why I've Taken A Small Position In BioCardia
Jun 14Shareholders May Not Be So Generous With BioCardia, Inc.'s (NASDAQ:BCDA) CEO Compensation And Here's Why
Jun 08Is BioCardia (NASDAQ:BCDA) In A Good Position To Deliver On Growth Plans?
May 20BioCardia issued U.S. patent for Helix Biotherapeutic Delivery system
Dec 30BioCardia slips 11% on launch of direct offering
Dec 16BioCardia says DSMB feedback on cell therapy data in heart failure study anticipated soon
Dec 14Financial Position Analysis
Short Term Liabilities: BCDA has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: BCDA 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: BCDA is debt free.
Reducing Debt: BCDA's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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: BCDA has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: BCDA has less than a year of cash runway if free cash flow continues to reduce at historical rates of 1.7% each year