NextCure Balance Sheet Health
Financial Health criteria checks 6/6
NextCure has a total shareholder equity of $114.4M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $128.0M and $13.6M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$108.30m |
Equity | US$114.42m |
Total liabilities | US$13.62m |
Total assets | US$128.04m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2US's short term assets ($112.7M) exceed its short term liabilities ($6.9M).
Long Term Liabilities: 2US's short term assets ($112.7M) exceed its long term liabilities ($6.7M).
Debt to Equity History and Analysis
Debt Level: 2US is debt free.
Reducing Debt: 2US has no debt compared to 5 years ago when its debt to equity ratio was 0.4%.
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: 2US has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 2US has sufficient cash runway for 2 years if free cash flow continues to reduce at historical rates of 23.1% each year.