Bion Environmental Technologies Inc

Bion Environmental Technologies Inc has a liquidity risk profile that is currently medium, with a current ratio of 0.04, indicating that the company's short-term assets are significantly lower than its short-term liabilities. The company's liquidity position is further constrained by a negative operating cash flow of -$755,150 and a free cash flow of -$743,920, both of which suggest that the company is not generating sufficient cash from operations to sustain its activities. The debt-to-equity ratio of 0.59 indicates a moderate level of leverage, but the company's net cash position is negative after subtracting total debt, which raises concerns about its ability to meet short-term obligations.

Profitability metrics for Bion Environmental Technologies Inc are weak, with a return on equity (ROE) of -16.04% and a return on assets (ROA) of -5.62%, both of which are significantly below the industry median for environmental services and equipment firms. The company reported a net loss of $538,150 and an operating loss of $533,120, reflecting poor operational performance and cost management. These figures suggest that the company is not currently generating returns that meet the expectations of its shareholders or creditors.

The company's revenue is not disclosed in the latest financial data, but the absence of revenue and the presence of operating and net losses indicate that Bion Environmental Technologies Inc is not currently generating income from its operations. There is no information provided on geographic exposure or segment performance, which limits the ability to assess the company's diversification and risk profile in terms of regional or product-specific concentration.

Looking ahead, the company's growth trajectory is uncertain, as there are no disclosed revenue growth figures or forward-looking guidance in the latest financial data. The capital expenditure of -$689,920 suggests that the company is not investing in new projects or infrastructure, which could hinder its ability to scale operations or improve efficiency. The lack of revenue and the continued losses raise concerns about the company's ability to sustain operations in the near term.

The risk assessment for Bion Environmental Technologies Inc highlights a medium liquidity risk and a low dilution risk. The company's negative net cash position after subtracting total debt is a key flag, indicating that it may need to raise additional capital or restructure its debt to remain solvent. The dilution risk is currently low, but the company's financial position could change if it needs to issue new shares to fund operations or reduce debt.

There are no recent events or filings disclosed in the latest financial data that would provide insight into the company's strategic direction or operational changes. The absence of recent transcripts or filings suggests that the company may not be actively communicating with investors or disclosing material developments.

Net income improved by 31.0% year-over-year, indicating a reduction in losses compared to the prior period.

Operating income improved by 25.9% year-over-year, suggesting some stabilization in core operational performance metrics.

Cash conversion ratio of 1.4 ranks above the cohort median of 0.97, showing relative efficiency.

Debt-to-equity ratio of 0.59 is below the cohort median of 0.44, indicating manageable leverage relative to peers.

Dilution risk is assessed as low, providing some protection for existing shareholders against equity erosion.

The company reported zero revenue for the latest fiscal year, indicating a complete lack of top-line growth.

Free cash flow deteriorated to negative $12.6 million in FY-1, highlighting severe cash burn issues.

Credit risk is flagged as high, signaling significant concerns regarding the company's ability to meet obligations.

Current ratio of 0.013 indicates extremely poor short-term liquidity, raising immediate solvency concerns for operations.

Revenue $0.00; Operating income −265,3% YoY.

• ▍Revenue $0.00
• ▍Operating income −265,3% YoY
• ▍Net income −266,6% YoY
• ▍Free cash flow −86,2% YoY

Revenue $0.00; Operating income -$3.2M.

• ▍Revenue $0.00
• ▍Operating income -$3.2M