Gritstone bio Balance Sheet Health
Financial Health criteria checks 4/6
Gritstone bio has a total shareholder equity of $51.9M and total debt of $40.1M, which brings its debt-to-equity ratio to 77.4%. Its total assets and total liabilities are $177.8M and $125.9M respectively.
Key information
77.4%
Debt to equity ratio
US$40.14m
Debt
Interest coverage ratio | n/a |
Cash | US$79.27m |
Equity | US$51.85m |
Total liabilities | US$125.92m |
Total assets | US$177.77m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2JQ's short term assets ($87.4M) exceed its short term liabilities ($27.3M).
Long Term Liabilities: 2JQ's short term assets ($87.4M) do not cover its long term liabilities ($98.6M).
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 77.4% 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 sufficient cash runway for 8 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: 2JQ is forecast to have sufficient cash runway for 6 months based on free cash flow estimates, but has since raised additional capital.