Galapagos Balance Sheet Health
Financial Health criteria checks 6/6
Galapagos has a total shareholder equity of €2.9B and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €4.2B and €1.3B respectively.
Key information
0%
Debt to equity ratio
€0
Debt
| Interest coverage ratio | n/a |
| Cash | €3.34b |
| Equity | €2.86b |
| Total liabilities | €1.31b |
| Total assets | €4.17b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GXEA's short term assets (€3.6B) exceed its short term liabilities (€351.2M).
Long Term Liabilities: GXEA's short term assets (€3.6B) exceed its long term liabilities (€958.4M).
Debt to Equity History and Analysis
Debt Level: GXEA is debt free.
Reducing Debt: GXEA 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: GXEA has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: GXEA has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 37.4% each year