BIO-key International Balance Sheet Health
Financial Health criteria checks 4/6
BIO-key International has a total shareholder equity of $3.3M and total debt of $2.7M, which brings its debt-to-equity ratio to 81.1%. Its total assets and total liabilities are $9.7M and $6.4M respectively.
Key information
81.1%
Debt to equity ratio
US$2.69m
Debt
| Interest coverage ratio | n/a |
| Cash | US$307.09k |
| Equity | US$3.31m |
| Total liabilities | US$6.43m |
| Total assets | US$9.75m |
Recent financial health updates
Recent updates
BIO-key GAAP EPS of -$0.21, revenue of $1.9M
Aug 12Here's Why Shareholders May Want To Be Cautious With Increasing BIO-key International, Inc.'s (NASDAQ:BKYI) CEO Pay Packet
Jun 12
BIO-key International, Inc.'s (NASDAQ:BKYI) Shift From Loss To Profit
Feb 28BIO-key International climbs 4% backed by PortalGuard Solution for US Department of Justice
Jan 06BIO-key International rallies on Prominic.NET partnership
Nov 23Financial Position Analysis
Short Term Liabilities: BKYI's short term assets ($7.8M) exceed its short term liabilities ($6.0M).
Long Term Liabilities: BKYI's short term assets ($7.8M) exceed its long term liabilities ($407.0K).
Debt to Equity History and Analysis
Debt Level: BKYI's net debt to equity ratio (71.8%) is considered high.
Reducing Debt: BKYI's debt to equity ratio has increased from 0% to 81.1% 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: BKYI has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: BKYI is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.