Precision BioSciences Balance Sheet Health
Financial Health criteria checks 3/6
Precision BioSciences has a total shareholder equity of $64.9M and total debt of $22.3M, which brings its debt-to-equity ratio to 34.3%. Its total assets and total liabilities are $153.3M and $88.4M respectively.
Key information
34.3%
Debt to equity ratio
US$22.28m
Debt
| Interest coverage ratio | n/a |
| Cash | US$101.20m |
| Equity | US$64.87m |
| Total liabilities | US$88.39m |
| Total assets | US$153.26m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PBS0's short term assets ($110.5M) exceed its short term liabilities ($12.0M).
Long Term Liabilities: PBS0's short term assets ($110.5M) exceed its long term liabilities ($76.4M).
Debt to Equity History and Analysis
Debt Level: PBS0 has more cash than its total debt.
Reducing Debt: PBS0's debt to equity ratio has increased from 0% to 34.3% over the past 5 years.
Debt Coverage: PBS0's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if PBS0's interest payments on its debt are well covered by EBIT.