Avalon GloboCare Balance Sheet Health
Financial Health criteria checks 0/6
Avalon GloboCare has a total shareholder equity of $5.4M and total debt of $8.7M, which brings its debt-to-equity ratio to 160.5%. Its total assets and total liabilities are $19.6M and $14.1M respectively.
Key information
160.5%
Debt to equity ratio
US$8.67m
Debt
| Interest coverage ratio | n/a |
| Cash | US$1.02m |
| Equity | US$5.40m |
| Total liabilities | US$14.15m |
| Total assets | US$19.55m |
Recent financial health updates
Recent updates
We Think Some Shareholders May Hesitate To Increase Avalon GloboCare Corp.'s (NASDAQ:ALBT) CEO Compensation
Oct 06
We Think Avalon GloboCare (NASDAQ:AVCO) Has A Fair Chunk Of Debt
Sep 29Would Avalon GloboCare (NASDAQ:AVCO) Be Better Off With Less Debt?
Jun 01Does Avalon GloboCare (NASDAQ:AVCO) Have A Healthy Balance Sheet?
Feb 23Here's Why Avalon GloboCare (NASDAQ:AVCO) Can Afford Some Debt
Oct 14Avalon Globocare to acquire SenlangBio in all-stock deal
Jun 14Is Avalon GloboCare (NASDAQ:AVCO) A Risky Investment?
May 15A Look At Avalon GloboCare's (NASDAQ:AVCO) Share Price Returns
Feb 25Have Insiders Been Buying Avalon GloboCare Corp. (NASDAQ:AVCO) Shares This Year?
Jan 30Is Avalon GloboCare (NASDAQ:AVCO) Using Too Much Debt?
Jan 04What Percentage Of Avalon GloboCare Corp. (NASDAQ:AVCO) Shares Do Insiders Own?
Nov 30Financial Position Analysis
Short Term Liabilities: ALBT's short term assets ($1.4M) do not cover its short term liabilities ($12.3M).
Long Term Liabilities: ALBT's short term assets ($1.4M) do not cover its long term liabilities ($1.8M).
Debt to Equity History and Analysis
Debt Level: ALBT's net debt to equity ratio (141.6%) is considered high.
Reducing Debt: ALBT's debt to equity ratio has increased from 10.3% to 160.5% over the past 5 years.
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: ALBT has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ALBT has less than a year of cash runway if free cash flow continues to reduce at historical rates of 0.3% each year