Tonix Pharmaceuticals Holding Balance Sheet Health
Financial Health criteria checks 4/6
Tonix Pharmaceuticals Holding has a total shareholder equity of $165.4M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $179.1M and $13.7M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$71.98m |
| Equity | US$165.43m |
| Total liabilities | US$13.66m |
| Total assets | US$179.09m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TPM0's short term assets ($83.7M) exceed its short term liabilities ($13.1M).
Long Term Liabilities: TPM0's short term assets ($83.7M) exceed its long term liabilities ($588.0K).
Debt to Equity History and Analysis
Debt Level: TPM0 is debt free.
Reducing Debt: TPM0 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: TPM0 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: TPM0 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 39.5% each year