IDEX Biometrics Balance Sheet Health
Financial Health criteria checks 3/6
IDEX Biometrics has a total shareholder equity of $11.3M and total debt of $5.1M, which brings its debt-to-equity ratio to 44.8%. Its total assets and total liabilities are $25.0M and $13.6M respectively.
Key information
44.8%
Debt to equity ratio
US$5.08m
Debt
Interest coverage ratio | n/a |
Cash | US$11.35m |
Equity | US$11.33m |
Total liabilities | US$13.63m |
Total assets | US$24.96m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IDXA.D's short term assets ($20.3M) exceed its short term liabilities ($12.4M).
Long Term Liabilities: IDXA.D's short term assets ($20.3M) exceed its long term liabilities ($1.2M).
Debt to Equity History and Analysis
Debt Level: IDXA.D has more cash than its total debt.
Reducing Debt: IDXA.D's debt to equity ratio has increased from 0% to 44.8% 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: IDXA.D has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: IDXA.D has less than a year of cash runway if free cash flow continues to reduce at historical rates of 1% each year