Metagenomi Balance Sheet Health
Financial Health criteria checks 5/6
Metagenomi has a total shareholder equity of $215.2M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $364.8M and $149.7M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$271.18m |
Equity | US$215.17m |
Total liabilities | US$149.67m |
Total assets | US$364.84m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MGX's short term assets ($278.3M) exceed its short term liabilities ($68.9M).
Long Term Liabilities: MGX's short term assets ($278.3M) exceed its long term liabilities ($80.8M).
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: Insufficient data to determine if MGX has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.