IO Biotech Balance Sheet Health
Financial Health criteria checks 4/6
IO Biotech has a total shareholder equity of $72.6M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $89.9M and $17.4M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$80.19m |
| Equity | US$72.57m |
| Total liabilities | US$17.38m |
| Total assets | US$89.95m |
Recent financial health updates
We're A Little Worried About IO Biotech's (NASDAQ:IOBT) Cash Burn Rate
Jun 12
We Think IO Biotech (NASDAQ:IOBT) Needs To Drive Business Growth Carefully
Feb 10We Think IO Biotech (NASDAQ:IOBT) Needs To Drive Business Growth Carefully
Jun 15We Think IO Biotech (NASDAQ:IOBT) Needs To Drive Business Growth Carefully
Jan 20We're Keeping An Eye On IO Biotech's (NASDAQ:IOBT) Cash Burn Rate
Sep 27We're Keeping An Eye On IO Biotech's (NASDAQ:IOBT) Cash Burn Rate
Jun 14Recent updates
We're A Little Worried About IO Biotech's (NASDAQ:IOBT) Cash Burn Rate
Jun 12We Think IO Biotech (NASDAQ:IOBT) Needs To Drive Business Growth Carefully
Feb 10We Think IO Biotech (NASDAQ:IOBT) Needs To Drive Business Growth Carefully
Jun 15We Think IO Biotech (NASDAQ:IOBT) Needs To Drive Business Growth Carefully
Jan 20IO Biotech names new CFO
Oct 13We're Keeping An Eye On IO Biotech's (NASDAQ:IOBT) Cash Burn Rate
Sep 27IO Biotech GAAP EPS of -$0.64
Aug 11We're Keeping An Eye On IO Biotech's (NASDAQ:IOBT) Cash Burn Rate
Jun 14We Think IO Biotech (NASDAQ:IOBT) Needs To Drive Business Growth Carefully
Feb 25Financial Position Analysis
Short Term Liabilities: IOBT's short term assets ($86.2M) exceed its short term liabilities ($16.1M).
Long Term Liabilities: IOBT's short term assets ($86.2M) exceed its long term liabilities ($1.3M).
Debt to Equity History and Analysis
Debt Level: IOBT is debt free.
Reducing Debt: IOBT had no debt 5 years ago.
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: IOBT has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: IOBT has less than a year of cash runway if free cash flow continues to reduce at historical rates of 36.3% each year