Avalon GloboCare Balance Sheet Health
Financial Health criteria checks 0/6
Avalon GloboCare has a total shareholder equity of $7.4M and total debt of $8.4M, which brings its debt-to-equity ratio to 113.6%. Its total assets and total liabilities are $20.6M and $13.2M respectively.
Key information
113.6%
Debt to equity ratio
US$8.37m
Debt
Interest coverage ratio | n/a |
Cash | US$285.40k |
Equity | US$7.37m |
Total liabilities | US$13.21m |
Total assets | US$20.58m |
Recent financial health updates
Recent updates
We Think Some Shareholders May Hesitate To Increase Avalon GloboCare Corp.'s (NASDAQ:ALBT) CEO Compensation
Oct 06We 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 ($850.9K) do not cover its short term liabilities ($6.8M).
Long Term Liabilities: ALBT's short term assets ($850.9K) do not cover its long term liabilities ($6.5M).
Debt to Equity History and Analysis
Debt Level: ALBT's net debt to equity ratio (109.7%) is considered high.
Reducing Debt: ALBT's debt to equity ratio has increased from 8.9% to 113.6% 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 9.5% each year