Knight Therapeutics Balance Sheet Health
Financial Health criteria checks 5/6
Knight Therapeutics has a total shareholder equity of CA$746.9M and total debt of CA$61.9M, which brings its debt-to-equity ratio to 8.3%. Its total assets and total liabilities are CA$945.5M and CA$198.6M respectively. Knight Therapeutics's EBIT is CA$6.4M making its interest coverage ratio -73.2. It has cash and short-term investments of CA$169.9M.
Key information
8.3%
Debt to equity ratio
CA$61.87m
Debt
| Interest coverage ratio | -73.2x |
| Cash | CA$169.87m |
| Equity | CA$746.87m |
| Total liabilities | CA$198.62m |
| Total assets | CA$945.49m |
Recent financial health updates
Does Knight Therapeutics (TSE:GUD) Have A Healthy Balance Sheet?
May 28
Knight Therapeutics (TSE:GUD) May Not Be Profitable But It Seems To Be Managing Its Debt Just Fine, Anyway
Feb 03
Recent updates
Does Knight Therapeutics (TSE:GUD) Have A Healthy Balance Sheet?
May 28Shareholders May Not Be So Generous With Knight Therapeutics Inc.'s (TSE:GUD) CEO Compensation And Here's Why
May 07Calculating The Fair Value Of Knight Therapeutics Inc. (TSE:GUD)
Apr 07Read This Before Selling Knight Therapeutics Inc. (TSE:GUD) Shares
Mar 20If You Had Bought Knight Therapeutics' (TSE:GUD) Shares Three Years Ago You Would Be Down 34%
Mar 02Knight Therapeutics (TSE:GUD) May Not Be Profitable But It Seems To Be Managing Its Debt Just Fine, Anyway
Feb 03Knight Therapeutics's (TSE:GUD) Earnings Are Growing But Is There More To The Story?
Jan 19What Type Of Shareholders Own The Most Number of Knight Therapeutics Inc. (TSE:GUD) Shares?
Jan 04A Look At The Fair Value Of Knight Therapeutics Inc. (TSE:GUD)
Dec 20The Founder of Knight Therapeutics Inc. (TSE:GUD), Jonathan Goodman, Just Bought A Few More Shares
Dec 07What Type Of Returns Would Knight Therapeutics'(TSE:GUD) Shareholders Have Earned If They Purchased Their SharesYear Ago?
Dec 02Need To Know: The Consensus Just Cut Its Knight Therapeutics Inc. (TSE:GUD) Estimates For 2021
Nov 17Financial Position Analysis
Short Term Liabilities: GUD's short term assets (CA$365.1M) exceed its short term liabilities (CA$114.0M).
Long Term Liabilities: GUD's short term assets (CA$365.1M) exceed its long term liabilities (CA$84.6M).
Debt to Equity History and Analysis
Debt Level: GUD has more cash than its total debt.
Reducing Debt: GUD's debt to equity ratio has increased from 0% to 8.3% over the past 5 years.
Debt Coverage: GUD's debt is well covered by operating cash flow (58.1%).
Interest Coverage: GUD earns more interest than it pays, so coverage of interest payments is not a concern.