Bionano Genomics Balance Sheet Health
Financial Health criteria checks 6/6
Bionano Genomics has a total shareholder equity of $96.2M and total debt of $69.8M, which brings its debt-to-equity ratio to 72.6%. Its total assets and total liabilities are $214.4M and $118.2M respectively.
Key information
72.6%
Debt to equity ratio
US$69.80m
Debt
| Interest coverage ratio | n/a |
| Cash | US$66.77m |
| Equity | US$96.16m |
| Total liabilities | US$118.25m |
| Total assets | US$214.40m |
Recent financial health updates
Recent updates
Market Cool On Bionano Genomics, Inc.'s (NASDAQ:BNGO) Earnings Pushing Shares 31% Lower
May 09
Bionano Genomics, Inc. (NASDAQ:BNGO) Analysts Just Trimmed Their Revenue Forecasts By 9.0%
Mar 14Bionano Genomics: Little Clinical Utility And A Whole Lot Of Burn
Oct 18Bionano stock dips amid launch of Bionano Laboratories for optical genome mapping tests
Sep 23Bionano jumps 36% as publication highlights optical genome mapping
Aug 11Bionano stock down ~8% after hours; co reports Q2 revenue beat, wider loss
Aug 04Bionano gets US patent for analysis of nucleic acid fragments for genetic abnormalities
Jun 29I'm More Positive But Selling Puts Instead Of Buying Bionano Genomics
Jun 23Here's Why We're Not Too Worried About Bionano Genomics' (NASDAQ:BNGO) Cash Burn Situation
Apr 11Financial Position Analysis
Short Term Liabilities: BNGO's short term assets ($140.1M) exceed its short term liabilities ($100.0M).
Long Term Liabilities: BNGO's short term assets ($140.1M) exceed its long term liabilities ($18.2M).
Debt to Equity History and Analysis
Debt Level: BNGO's net debt to equity ratio (3.2%) is considered satisfactory.
Reducing Debt: BNGO's debt to equity ratio has reduced from 89.1% to 72.6% 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: BNGO has sufficient cash runway for 6 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: BNGO is forecast to have sufficient cash runway for 6 months based on free cash flow estimates, but has since raised additional capital.