Avid Bioservices Balance Sheet Health
Financial Health criteria checks 2/6
Avid Bioservices has a total shareholder equity of $58.6M and total debt of $153.9M, which brings its debt-to-equity ratio to 262.4%. Its total assets and total liabilities are $334.6M and $276.0M respectively.
Key information
262.4%
Debt to equity ratio
US$153.87m
Debt
| Interest coverage ratio | n/a |
| Cash | US$36.78m |
| Equity | US$58.64m |
| Total liabilities | US$276.01m |
| Total assets | US$334.64m |
Recent financial health updates
Is Avid Bioservices (NASDAQ:CDMO) Using Too Much Debt?
Aug 26
We Think Avid Bioservices (NASDAQ:CDMO) Has A Fair Chunk Of Debt
Feb 28Does Avid Bioservices (NASDAQ:CDMO) Have A Healthy Balance Sheet?
Nov 10Is Avid Bioservices (NASDAQ:CDMO) Using Too Much Debt?
Jun 12Recent updates
Is Avid Bioservices (NASDAQ:CDMO) Using Too Much Debt?
Aug 26Avid Bioservices, Inc. (NASDAQ:CDMO) Surges 43% Yet Its Low P/S Is No Reason For Excitement
Jul 29There'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 27Financial Position Analysis
Short Term Liabilities: CDMO's short term assets ($103.6M) exceed its short term liabilities ($71.1M).
Long Term Liabilities: CDMO's short term assets ($103.6M) do not cover its long term liabilities ($204.9M).
Debt to Equity History and Analysis
Debt Level: CDMO's net debt to equity ratio (199.7%) is considered high.
Reducing Debt: CDMO's debt to equity ratio has increased from 0% to 262.4% 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: CDMO has sufficient cash runway for more than 3 years 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.