Metagenomi Balance Sheet Health
Financial Health criteria checks 6/6
Metagenomi has a total shareholder equity of $255.8M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $358.3M and $102.6M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$274.59m |
| Equity | US$255.77m |
| Total liabilities | US$102.58m |
| Total assets | US$358.35m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MGX's short term assets ($282.3M) exceed its short term liabilities ($45.7M).
Long Term Liabilities: MGX's short term assets ($282.3M) exceed its long term liabilities ($56.9M).
Debt to Equity History and Analysis
Debt Level: MGX is debt free.
Reducing Debt: MGX 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: MGX has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: MGX has sufficient cash runway for 1.9 years if free cash flow continues to reduce at historical rates of 112.5% each year.