GlycoMimetics Balance Sheet Health
Financial Health criteria checks 6/6
GlycoMimetics has a total shareholder equity of $38.4M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $45.3M and $6.9M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$41.79m |
Equity | US$38.41m |
Total liabilities | US$6.90m |
Total assets | US$45.32m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GKO's short term assets ($43.8M) exceed its short term liabilities ($6.8M).
Long Term Liabilities: GKO's short term assets ($43.8M) exceed its long term liabilities ($66.8K).
Debt to Equity History and Analysis
Debt Level: GKO is debt free.
Reducing Debt: GKO has not had any debt for 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: GKO has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: GKO has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of 2.4% each year.