Avid Bioservices Balance Sheet Health
Financial Health criteria checks 1/6
Avid Bioservices has a total shareholder equity of $180.2M and total debt of $141.4M, which brings its debt-to-equity ratio to 78.5%. Its total assets and total liabilities are $455.2M and $275.1M respectively.
Key information
78.5%
Debt to equity ratio
US$141.42m
Debt
| Interest coverage ratio | n/a |
| Cash | US$30.71m |
| Equity | US$180.17m |
| Total liabilities | US$275.06m |
| Total assets | US$455.23m |
Recent financial health updates
We Think Avid Bioservices (NASDAQ:CDMO) Has A Fair Chunk Of Debt
Feb 28
Does Avid Bioservices (NASDAQ:CDMO) Have A Healthy Balance Sheet?
Nov 10Is Avid Bioservices (NASDAQ:CDMO) Using Too Much Debt?
Jun 12Does Avid Bioservices (NASDAQ:CDMO) Have A Healthy Balance Sheet?
Mar 13Recent updates
There's No Escaping Avid Bioservices, Inc.'s (NASDAQ:CDMO) Muted Revenues Despite A 40% Share Price Rise
Mar 07We Think Avid Bioservices (NASDAQ:CDMO) Has A Fair Chunk Of Debt
Feb 28There's No Escaping Avid Bioservices, Inc.'s (NASDAQ:CDMO) Muted Revenues Despite A 39% Share Price Rise
Dec 28Does Avid Bioservices (NASDAQ:CDMO) Have A Healthy Balance Sheet?
Nov 10Calculating The Intrinsic Value Of Avid Bioservices, Inc. (NASDAQ:CDMO)
Oct 15Time To Worry? Analysts Are Downgrading Their Avid Bioservices, Inc. (NASDAQ:CDMO) Outlook
Jun 23Is Avid Bioservices (NASDAQ:CDMO) Using Too Much Debt?
Jun 12Little Excitement Around Avid Bioservices, Inc.'s (NASDAQ:CDMO) Earnings As Shares Take 26% Pounding
May 21Are Investors Undervaluing Avid Bioservices, Inc. (NASDAQ:CDMO) By 49%?
May 12Does Avid Bioservices (NASDAQ:CDMO) Have A Healthy Balance Sheet?
Mar 13Here's Why Avid Bioservices (NASDAQ:CDMO) Has A Meaningful Debt Burden
Nov 10Avid Bioservices GAAP EPS of $0.02 beats by $0.01, revenue of $36.7M beats by $3.26M
Sep 06Laughing Water Capital - Avid Bioservices: Not A Binary Bet But A Real Business
Jul 27Avid Bioservices GAAP EPS of $1.65 beats by $1.65, revenue of $31M beats by $2.04M
Jun 29Avid Bioservices (NASDAQ:CDMO) Seems To Use Debt Quite Sensibly
May 30Financial Position Analysis
Short Term Liabilities: CDMO's short term assets ($103.6M) do not cover its short term liabilities ($222.9M).
Long Term Liabilities: CDMO's short term assets ($103.6M) exceed its long term liabilities ($52.2M).
Debt to Equity History and Analysis
Debt Level: CDMO's net debt to equity ratio (61.4%) is considered high.
Reducing Debt: CDMO's debt to equity ratio has increased from 0% to 78.5% 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: Insufficient data to determine if CDMO has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if CDMO has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.