DURECT Balance Sheet Health
Financial Health criteria checks 3/6
DURECT has a total shareholder equity of $14.8M and total debt of $16.7M, which brings its debt-to-equity ratio to 112.7%. Its total assets and total liabilities are $45.2M and $30.4M respectively.
Key information
112.7%
Debt to equity ratio
US$16.66m
Debt
Interest coverage ratio | n/a |
Cash | US$29.68m |
Equity | US$14.78m |
Total liabilities | US$30.41m |
Total assets | US$45.19m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DC8A's short term assets ($34.7M) exceed its short term liabilities ($27.0M).
Long Term Liabilities: DC8A's short term assets ($34.7M) exceed its long term liabilities ($3.4M).
Debt to Equity History and Analysis
Debt Level: DC8A has more cash than its total debt.
Reducing Debt: DC8A's debt to equity ratio has increased from 102.7% to 112.7% 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: DC8A has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: DC8A has less than a year of cash runway if free cash flow continues to reduce at historical rates of 23.8% each year