MannKind Balance Sheet Health
Financial Health criteria checks 0/6
MannKind has a total shareholder equity of $-225.8M and total debt of $227.6M, which brings its debt-to-equity ratio to -100.8%. Its total assets and total liabilities are $443.8M and $669.6M respectively. MannKind's EBIT is $45.1M making its interest coverage ratio 2. It has cash and short-term investments of $253.1M.
Key information
-100.8%
Debt to equity ratio
US$227.58m
Debt
Interest coverage ratio | 2x |
Cash | US$253.06m |
Equity | -US$225.78m |
Total liabilities | US$669.62m |
Total assets | US$443.84m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NNFN has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: NNFN has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: NNFN has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: NNFN's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: NNFN's debt is not well covered by operating cash flow (18%).
Interest Coverage: NNFN's interest payments on its debt are not well covered by EBIT (2x coverage).