Addex Therapeutics Balance Sheet Health
Financial Health criteria checks 1/6
Addex Therapeutics has a total shareholder equity of CHF-1.4M and total debt of CHF0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CHF3.3M and CHF4.7M respectively.
Key information
0%
Debt to equity ratio
CHF 0
Debt
Interest coverage ratio | n/a |
Cash | CHF 1.63m |
Equity | -CHF 1.37m |
Total liabilities | CHF 4.71m |
Total assets | CHF 3.34m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: APE1 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: APE1 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: APE1 is debt free.
Reducing Debt: APE1's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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: APE1 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: APE1 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 21.3% each year