Gritstone bio Balance Sheet Health
Financial Health criteria checks 2/6
Gritstone bio has a total shareholder equity of $22.2M and total debt of $40.5M, which brings its debt-to-equity ratio to 182.5%. Its total assets and total liabilities are $142.5M and $120.4M respectively.
Key information
182.5%
Debt to equity ratio
US$40.51m
Debt
| Interest coverage ratio | n/a |
| Cash | US$55.71m |
| Equity | US$22.19m |
| Total liabilities | US$120.35m |
| Total assets | US$142.54m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2JQ's short term assets ($60.7M) exceed its short term liabilities ($23.9M).
Long Term Liabilities: 2JQ's short term assets ($60.7M) do not cover its long term liabilities ($96.5M).
Debt to Equity History and Analysis
Debt Level: 2JQ has more cash than its total debt.
Reducing Debt: 2JQ's debt to equity ratio has increased from 0% to 182.5% 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: 2JQ has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 2JQ has less than a year of cash runway if free cash flow continues to reduce at historical rates of 13.8% each year