Brand Engagement Network Balance Sheet Health
Financial Health criteria checks 4/6
Brand Engagement Network has a total shareholder equity of $20.6M and total debt of $1.4M, which brings its debt-to-equity ratio to 6.8%. Its total assets and total liabilities are $36.9M and $16.2M respectively.
Key information
6.8%
Debt to equity ratio
US$1.39m
Debt
Interest coverage ratio | n/a |
Cash | US$3.30m |
Equity | US$20.60m |
Total liabilities | US$16.25m |
Total assets | US$36.85m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: BNAI's short term assets ($4.4M) do not cover its short term liabilities ($13.1M).
Long Term Liabilities: BNAI's short term assets ($4.4M) exceed its long term liabilities ($3.1M).
Debt to Equity History and Analysis
Debt Level: BNAI has more cash than its total debt.
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 4 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.