MeiraGTx Holdings Balance Sheet Health
Financial Health criteria checks 4/6
MeiraGTx Holdings has a total shareholder equity of $121.7M and total debt of $72.4M, which brings its debt-to-equity ratio to 59.5%. Its total assets and total liabilities are $309.2M and $187.5M respectively.
Key information
59.5%
Debt to equity ratio
US$72.39m
Debt
Interest coverage ratio | n/a |
Cash | US$119.21m |
Equity | US$121.73m |
Total liabilities | US$187.50m |
Total assets | US$309.24m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 328's short term assets ($149.3M) exceed its short term liabilities ($47.5M).
Long Term Liabilities: 328's short term assets ($149.3M) exceed its long term liabilities ($140.0M).
Debt to Equity History and Analysis
Debt Level: 328 has more cash than its total debt.
Reducing Debt: 328's debt to equity ratio has increased from 0% to 59.5% 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: 328 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 328 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 26.2% each year