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Stock impact report

Benitec Biopharma (NASDAQ:BNTC) Is In A Good Position To Deliver On Growth Plans [Yahoo! Finance]

Benitec Biopharma Inc. (BNTC) 
US:NASDAQ Investor Relations: benitec.com/for-investors/investor-faqs
Company Research Source: Yahoo! Finance
very well over the last year, with the share price soaring by 162%. Nonetheless, only a fool would ignore the risk that a loss making company burns through its cash too quickly. So notwithstanding the buoyant share price, we think it's well worth asking whether Benitec Biopharma's cash burn is too risky. For the purposes of this article, cash burn is the annual rate at which an unprofitable company spends cash to fund its growth; its negative free cash flow. First, we'll determine its cash runway by comparing its cash burn with its cash reserves. Check out our latest analysis for Benitec Biopharma How Long Is Benitec Biopharma's Cash Runway? A cash runway is defined as the length of time it would take a company to run out of money if it kept spending at its current rate of cash burn. As at December 2024, Benitec Biopharma had cash of US$78m and no debt. Looking at the last year, the company burnt through US$22m. So it had a cash runway of about 3.6 years from December 2024. No Show less Read more
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