BioVie Balance Sheet Health
Financial Health criteria checks 5/6
BioVie has a total shareholder equity of $7.5M and total debt of $10.2M, which brings its debt-to-equity ratio to 136.1%. Its total assets and total liabilities are $21.5M and $14.0M respectively.
Key information
136.1%
Debt to equity ratio
US$10.20m
Debt
| Interest coverage ratio | n/a |
| Cash | US$20.23m |
| Equity | US$7.49m |
| Total liabilities | US$14.00m |
| Total assets | US$21.49m |
Financial Position Analysis
Short Term Liabilities: BIVI's short term assets ($20.6M) exceed its short term liabilities ($14.0M).
Long Term Liabilities: BIVI's short term assets ($20.6M) exceed its long term liabilities ($17.6K).
Debt to Equity History and Analysis
Debt Level: BIVI has more cash than its total debt.
Reducing Debt: BIVI's debt to equity ratio has increased from 0% to 136.1% 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: BIVI has sufficient cash runway for 6 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: BIVI is forecast to have sufficient cash runway for 5 months based on free cash flow estimates, but has since raised additional capital.