Bionomics Balance Sheet Health
Financial Health criteria checks 4/6
Bionomics has a total shareholder equity of A$29.0M and total debt of A$1.1M, which brings its debt-to-equity ratio to 3.9%. Its total assets and total liabilities are A$38.9M and A$9.8M respectively.
Key information
3.9%
Debt to equity ratio
AU$1.12m
Debt
Interest coverage ratio | n/a |
Cash | AU$14.87m |
Equity | AU$29.03m |
Total liabilities | AU$9.82m |
Total assets | AU$38.85m |
Financial Position Analysis
Short Term Liabilities: BNOX's short term assets (A$16.9M) exceed its short term liabilities (A$4.4M).
Long Term Liabilities: BNOX's short term assets (A$16.9M) exceed its long term liabilities (A$5.4M).
Debt to Equity History and Analysis
Debt Level: BNOX has more cash than its total debt.
Reducing Debt: BNOX's debt to equity ratio has reduced from 126.4% to 3.9% 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: BNOX has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: BNOX has less than a year of cash runway if free cash flow continues to reduce at historical rates of 9.4% each year