Equillium Balance Sheet Health
Financial Health criteria checks 6/6
Equillium has a total shareholder equity of $21.1M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $43.6M and $22.5M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$32.29m |
Equity | US$21.09m |
Total liabilities | US$22.50m |
Total assets | US$43.60m |
Recent financial health updates
We Think Equillium (NASDAQ:EQ) Needs To Drive Business Growth Carefully
May 01Does Equillium (NASDAQ:EQ) Have A Healthy Balance Sheet?
Mar 26Recent updates
We Think Equillium (NASDAQ:EQ) Needs To Drive Business Growth Carefully
May 01Little Excitement Around Equillium, Inc.'s (NASDAQ:EQ) Revenues
Mar 27Analyst Forecasts For Equillium, Inc. (NASDAQ:EQ) Are Surging Higher
Aug 14Earnings Release: Here's Why Analysts Cut Their Equillium, Inc. (NASDAQ:EQ) Price Target To US$6.06
Aug 12Broker Revenue Forecasts For Equillium, Inc. (NASDAQ:EQ) Are Surging Higher
May 03Does Equillium (NASDAQ:EQ) Have A Healthy Balance Sheet?
Mar 26Equillium GAAP EPS of -$0.41 in-line
Aug 15Equillium CEO Bruce Steel - Drugs For Autoimmune, Inflammatory Disorders (Video)
Oct 08Is Equillium, Inc.'s (NASDAQ:EQ) Shareholder Ownership Skewed Towards Insiders?
Mar 09Equillium prices $30M registered direct offering
Feb 04Equillium (EQ) Investor Presentation - Slideshow
Dec 04How Much Of Equillium, Inc. (NASDAQ:EQ) Do Insiders Own?
Nov 24FDA gives green signal to Equillium's late-stage COVID-19 trial
Oct 30Financial Position Analysis
Short Term Liabilities: EQ's short term assets ($42.5M) exceed its short term liabilities ($22.2M).
Long Term Liabilities: EQ's short term assets ($42.5M) exceed its long term liabilities ($295.0K).
Debt to Equity History and Analysis
Debt Level: EQ is debt free.
Reducing Debt: EQ had no debt 5 years ago.
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: EQ has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: EQ has sufficient cash runway for 1.6 years if free cash flow continues to reduce at historical rates of 1.2% each year.