Standard BioTools Balance Sheet Health
Financial Health criteria checks 6/6
Standard BioTools has a total shareholder equity of $496.7M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $565.0M and $68.3M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$453.81m |
| Equity | US$496.74m |
| Total liabilities | US$68.31m |
| Total assets | US$565.05m |
Recent financial health updates
We're Hopeful That SomaLogic (NASDAQ:SLGC) Will Use Its Cash Wisely
Jun 06
We Think SomaLogic (NASDAQ:SLGC) Can Easily Afford To Drive Business Growth
Dec 28Recent updates
Why Investors Shouldn't Be Surprised By SomaLogic, Inc.'s (NASDAQ:SLGC) P/S
Dec 19SomaLogic, Inc. (NASDAQ:SLGC) Just Reported, And Analysts Assigned A US$3.93 Price Target
Nov 10SomaLogic, Inc. (NASDAQ:SLGC) Stocks Shoot Up 33% But Its P/S Still Looks Reasonable
Apr 17Downgrade: Here's How Analysts See SomaLogic, Inc. (NASDAQ:SLGC) Performing In The Near Term
Apr 02SomaLogic appoints former Foundation Medicine chief as executive chair
Oct 17SomaLogic acquires Palamedrix to develop next-generation SomaScan Assay
Jul 26We're Hopeful That SomaLogic (NASDAQ:SLGC) Will Use Its Cash Wisely
Jun 06SomaLogic Inc: A Biopharmaceutical Company With An Excellent Upside
Apr 12Calculating The Intrinsic Value Of SomaLogic, Inc. (NASDAQ:SLGC)
Mar 09We Think SomaLogic (NASDAQ:SLGC) Can Easily Afford To Drive Business Growth
Dec 28SomaLogic: The Highest Number Of Proteins Analyzable In A Single Blood Sample In Proteomics
Oct 14Financial Position Analysis
Short Term Liabilities: SLGC's short term assets ($494.1M) exceed its short term liabilities ($27.8M).
Long Term Liabilities: SLGC's short term assets ($494.1M) exceed its long term liabilities ($40.5M).
Debt to Equity History and Analysis
Debt Level: SLGC is debt free.
Reducing Debt: SLGC 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: SLGC has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: SLGC has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 49.5% each year