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
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/01/09 18:35 |
| End of Day Share Price | 2024/01/05 00:00 |
| Earnings | 2023/09/30 |
| Annual Earnings | 2022/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Standard BioTools Inc. is covered by 3 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kyle Mikson | Canaccord Genuity |
| Brandon Couillard | Jefferies LLC |
| Daniel Brennan | TD Cowen |