CureVac Balance Sheet Health

Financial Health criteria checks 4/6

CureVac has a total shareholder equity of €376.5M and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €556.8M and €180.3M respectively.

Key information

Debt to equity ratio

€0

Debt

Interest coverage ratio	n/a
Cash	€202.52m
Equity	€376.53m
Total liabilities	€180.30m
Total assets	€556.84m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 5CV's short term assets (€251.6M) exceed its short term liabilities (€110.0M).

Long Term Liabilities: 5CV's short term assets (€251.6M) exceed its long term liabilities (€70.3M).

Debt to Equity History and Analysis

Debt Level: 5CV is debt free.

Reducing Debt: 5CV currently has no debt however we can't compare to 5 years ago as we have no data for that period.

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: 5CV has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if 5CV has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.

CureVac Balance Sheet Health

Financial Health criteria checks 4/6

Key information

Recent financial health updates

Recent updates

Forecast to breakeven in 2024

CureVac N.V. to Report Q3, 2024 Results on Nov 12, 2024

Curevac N.V. Appoints Axel Sven Malkomes as Chief Financial Officer, Effective November 11, 2024

CureVac N.V. to Present at the Society for Immunotherapy of Cancer 39th Annual Meeting

CureVac N.V. to Present First CVGBM Glioblastoma Cancer Vaccine Clinical Data at ESMO 2024 Congress

Second quarter 2024 earnings released: €0.32 loss per share (vs €0.30 loss in 2Q 2023)

CureVac N.V. Announces Pierre Kemula, Chief Financial Officer, to Step Down At the End of His Term October 31, 2024

CureVac N.V. to Report Q2, 2024 Results on Aug 15, 2024

CureVac N.V. Approves the Appointment of Birgit Hofmann as a Member of the Supervisory Board

CureVac N.V. Announces Dosing of First Participant in a Phase 2 Study in Seasonal Influenza; Development in Collaboration with GSK

New major risk - Financial position

CureVac N.V. to Report Q1, 2024 Results on May 23, 2024

Full year 2023 earnings released: €1.18 loss per share (vs €1.32 loss in FY 2022)

CureVac Appoints Thaminda Ramanayake as New Chief Business Officer, Effective June 1, 2024

CureVac N.V. to Report Q4, 2023 Results on Apr 24, 2024

CureVac N.V. Announces Promising Phase 2 Interim Data from Seasonal Influenza Vaccine Development Program in Collaboration with GSK

CureVac N.V. Announces Decision of German Federal Patent Court in Broad Patent Litigation with BioNTech SE

Third quarter 2023 earnings released: €0.25 loss per share (vs €0.25 loss in 3Q 2022)

CureVac N.V. Announces Solid Progress in Phase 2 COVID-19 and Seasonal Flu Clinical Development Programs in Collaboration with GSK

CureVac N.V. to Report Q3, 2023 Results on Nov 14, 2023

Second quarter 2023 earnings released: €0.30 loss per share (vs €0.31 loss in 2Q 2022)

CureVac N.V. to Report Q2, 2023 Results on Aug 17, 2023

CureVac N.V. Announces Dosing of First Participant in Phase 2 Study of Modified COVID-19 Mrna Vaccine Candidates Developed in Collaboration with GSK

CureVac N.V. Announces Executive Changes

CureVac N.V. Doses First Patient in Phase 1 Study of Cancer Vaccine Candidate for Surgically Resected Glioblastoma

CureVac N.V., Annual General Meeting, Jun 19, 2023

First quarter 2023 earnings released: €0.27 loss per share (vs €0.081 loss in 1Q 2022)

CureVac Announces Dosing of First Participant in Combined Phase 1/2 Study of Multivalent, Modified Influenza Vaccine Candidates Developed in Collaboration with GSK

Full year 2022 earnings released: €1.32 loss per share (vs €2.21 loss in FY 2021)

CureVac N.V. Appoints Myriam Mendila as New Chief Development Officer

CureVac N.V. Announces Positive Data in Older Adults from Covid-19 and Flu mRNA Vaccine Development Programs

CureVac N.V. Announces CEO Changes

Third quarter 2022 earnings released: €0.25 loss per share (vs €0.77 loss in 3Q 2021)

CureVac Presents Preliminary Data from Phase 1 Study Expansion of Oncology Candidate CV8102

CureVac N.V. to Report Q3, 2022 Results on Nov 16, 2022

No longer forecast to breakeven

CureVac Announces Executive Changes

CureVac N.V. Announces Board Changes

CureVac N.V. (NasdaqGM:CVAC) acquired Frame Therapeutics B.V. for €32 million.

CureVac N.V. Announces Changes of CDO

CureVac N.V., Annual General Meeting, Jun 22, 2022

Full year 2021 earnings released: €2.21 loss per share (vs €0.98 loss in FY 2020)

Forecast breakeven date pushed back to 2024

CureVac N.V. to Report Q4, 2021 Results on Apr 28, 2022

CureVac N.V Announces Preclinical Data Demonstrating Immune Responses and Protective Efficacy of Bivalent Second-Generation COVID-19 Vaccine Candidate Jointly Developed with GSK

CureVac N.V. and GSK Start Clinical Development of Second-Generation Covid-19 Vaccine Candidate, CV2CoV

CureVac N.V. Doses First Participant in Phase 1 Study with Multivalent Influenza Vaccine Candidate Based on Second-Generation mRNA Backbone Developed in Collaboration with GSK

Forecast breakeven date pushed back to 2023

CureVac Streamlines European Network for mRNA Product Manufacturing

CureVac Preclinical Data Demonstrates Significant Reduction of Liver Fibrosis with mRNA Therapeutic

Forecast breakeven moved forward to 2021

CureVac Announces that Second-Generation mRNA COVID-19 Vaccine Candidate, CV2CoV, Demonstrates Improved Immune Response and Protection in Preclinical Study

CureVac N.V. Announces Results from the Final Analysis of its 40,000 Subject International Pivotal Phase 2b/3 Study of the First-Generation COVID-19 Vaccine Candidate, CVnCoV

CureVac N.V. Announces Results of the Second Interim Analysis of its International Pivotal Phase 2b/3 Study in Approximatively 40,000 Subjects

CureVac N.V.’s First-Generation COVID-19 Vaccine Candidate, CVnCoV, Continues Toward Phase 2b/3 Efficacy Readout in Variant-rich Environment Following DSMB Recommendation

CureVac N.V. Develops a New Class of Transformative Medicines Based on Messenger Ribonucleic Acid

Full year 2020 earnings released: €0.98 loss per share (vs €137 loss in FY 2019)

CureVac and Novartis Sign Initial Agreement on Manufacturing of COVID-19 Vaccine Candidate, CVnCoV

New 90-day low: €67.07

CureVac N.V. and UK Government to Collaborate on Development of Vaccines Against SARS-CoV-2 Variants

CureVac N.V. Expands Lead RNA Cancer Program Phase 1 Trial in Advanced Melanoma

GlaxoSmithKline plc and CureVac N.V. Announce New €150 Million Collaboration, Building on Their Existing Relationship, to Jointly Develop Next Generation mRNA Vaccines for COVID-19

CureVac and Rentschler Biopharma Ramp up for Joint Manufacturing of COVID-19 Vaccine, CVnCoV

CureVac N.V. Announces the Publication of Preclinical Data Demonstrating the Induction of Robust Antibody and T Cell Responses of its Covid-19 Vaccine Candidate

CureVac and Bayer Join Forces on COVID-19 Vaccine Candidate CVnCoV

CureVac and the University Medical Center Mainz Start Phase 3 Clinical Trial for COVID-19 Vaccine Candidate, CVnCoV, in Healthcare Workers

Curevac N.V. Enrolls the First Participant in the Pivotal Phase 2b/3 Study of its mRNA Vaccine Candidate, CVnCoV, Against COVID-19

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Cash Runway Analysis

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