Sol-Gel Technologies Balance Sheet Health
Financial Health criteria checks 6/6
Sol-Gel Technologies has a total shareholder equity of $34.7M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $43.0M and $8.3M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$28.05m |
| Equity | US$34.71m |
| Total liabilities | US$8.28m |
| Total assets | US$42.98m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4SG's short term assets ($38.0M) exceed its short term liabilities ($6.5M).
Long Term Liabilities: 4SG's short term assets ($38.0M) exceed its long term liabilities ($1.7M).
Debt to Equity History and Analysis
Debt Level: 4SG is debt free.
Reducing Debt: 4SG 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: 4SG has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 4SG has sufficient cash runway for 2.5 years if free cash flow continues to grow at historical rates of 15.5% each year.