Cognition Therapeutics Balance Sheet Health
Financial Health criteria checks 4/6
Cognition Therapeutics has a total shareholder equity of $23.0M and total debt of $185.0K, which brings its debt-to-equity ratio to 0.8%. Its total assets and total liabilities are $34.4M and $11.4M respectively.
Key information
0.8%
Debt to equity ratio
US$185.00k
Debt
| Interest coverage ratio | n/a |
| Cash | US$28.53m |
| Equity | US$23.01m |
| Total liabilities | US$11.36m |
| Total assets | US$34.37m |
Recent financial health updates
Can Cognition Therapeutics (NASDAQ:CGTX) Afford To Invest In Growth?
Sep 06
Is Cognition Therapeutics (NASDAQ:CGTX) In A Good Position To Deliver On Growth Plans?
May 22Here's Why We're Watching Cognition Therapeutics' (NASDAQ:CGTX) Cash Burn Situation
Nov 30Is Cognition Therapeutics (NASDAQ:CGTX) In A Good Position To Deliver On Growth Plans?
Aug 15Recent updates
Can Cognition Therapeutics (NASDAQ:CGTX) Afford To Invest In Growth?
Sep 06Cognition Therapeutics: Shines Less Bright After Phase 2 Results In Alzheimer's Disease
Jul 31Is Cognition Therapeutics (NASDAQ:CGTX) In A Good Position To Deliver On Growth Plans?
May 22Cognition Therapeutics: Approaching Phase 2 Readout In Alzheimer's
Apr 18Here's Why We're Watching Cognition Therapeutics' (NASDAQ:CGTX) Cash Burn Situation
Nov 30Is Cognition Therapeutics (NASDAQ:CGTX) In A Good Position To Deliver On Growth Plans?
Aug 15Cognition Therapeutics (NASDAQ:CGTX) Is In A Good Position To Deliver On Growth Plans
Mar 17Cognition stock rises 12% on $2.14M grant from NIH for Alzheimer's study
Sep 27We Think Cognition Therapeutics (NASDAQ:CGTX) Can Afford To Drive Business Growth
Aug 12Cognition's Alzheimer's candidate demonstrates mechanism of action; shares soar
Aug 05We're Not Very Worried About Cognition Therapeutics' (NASDAQ:CGTX) Cash Burn Rate
Mar 19Financial Position Analysis
Short Term Liabilities: CGTX's short term assets ($33.6M) exceed its short term liabilities ($10.9M).
Long Term Liabilities: CGTX's short term assets ($33.6M) exceed its long term liabilities ($440.0K).
Debt to Equity History and Analysis
Debt Level: CGTX has more cash than its total debt.
Reducing Debt: Insufficient data to determine if CGTX'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: CGTX has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: CGTX has less than a year of cash runway if free cash flow continues to reduce at historical rates of 47% each year