Avenue Therapeutics Balance Sheet Health

Financial Health criteria checks 4/6

Avenue Therapeutics has a total shareholder equity of $3.8M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $5.0M and $1.2M respectively.

Key information

0%

Debt to equity ratio

US$0

Debt

Interest coverage ration/a
CashUS$4.92m
EquityUS$3.83m
Total liabilitiesUS$1.16m
Total assetsUS$4.99m

Recent financial health updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 49Y's short term assets ($5.0M) exceed its short term liabilities ($1.2M).

Long Term Liabilities: 49Y has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: 49Y is debt free.

Reducing Debt: 49Y had no debt 5 years ago.


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: 49Y has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: 49Y has less than a year of cash runway if free cash flow continues to grow at historical rates of 18.1% each year.


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