Brand Engagement Network Balance Sheet Health
Financial Health criteria checks 4/6
Brand Engagement Network has a total shareholder equity of $16.5M and total debt of $1.6M, which brings its debt-to-equity ratio to 9.6%. Its total assets and total liabilities are $20.1M and $3.7M respectively.
Key information
9.6%
Debt to equity ratio
US$1.59m
Debt
Interest coverage ratio | n/a |
Cash | US$982.48k |
Equity | US$16.46m |
Total liabilities | US$3.65m |
Total assets | US$20.11m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BNAI's short term assets ($1.1M) do not cover its short term liabilities ($3.0M).
Long Term Liabilities: BNAI's short term assets ($1.1M) exceed its long term liabilities ($620.0K).
Debt to Equity History and Analysis
Debt Level: BNAI's net debt to equity ratio (3.7%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if BNAI's debt to equity ratio has reduced 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: BNAI has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: BNAI is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.