biote Balance Sheet Health
Financial Health criteria checks 2/6
biote has a total shareholder equity of $-126.8M and total debt of $118.8M, which brings its debt-to-equity ratio to -93.7%. Its total assets and total liabilities are $101.3M and $228.1M respectively. biote's EBIT is $39.9M making its interest coverage ratio 4.3. It has cash and short-term investments of $38.2M.
Key information
-93.7%
Debt to equity ratio
US$118.80m
Debt
| Interest coverage ratio | 4.3x |
| Cash | US$38.23m |
| Equity | -US$126.82m |
| Total liabilities | US$228.08m |
| Total assets | US$101.25m |
Financial Position Analysis
Short Term Liabilities: BTMD has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: BTMD 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: BTMD has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: BTMD's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: BTMD's debt is well covered by operating cash flow (33.5%).
Interest Coverage: BTMD's interest payments on its debt are well covered by EBIT (4.3x coverage).