Soligenix Balance Sheet Health
Financial Health criteria checks 5/6
Soligenix has a total shareholder equity of $3.5M and total debt of $2.7M, which brings its debt-to-equity ratio to 79.2%. Its total assets and total liabilities are $9.9M and $6.4M respectively.
Key information
79.2%
Debt to equity ratio
US$2.75m
Debt
| Interest coverage ratio | n/a |
| Cash | US$9.41m |
| Equity | US$3.46m |
| Total liabilities | US$6.40m |
| Total assets | US$9.87m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DOA0's short term assets ($9.7M) exceed its short term liabilities ($6.4M).
Long Term Liabilities: DOA0's short term assets ($9.7M) exceed its long term liabilities ($45.7K).
Debt to Equity History and Analysis
Debt Level: DOA0 has more cash than its total debt.
Reducing Debt: DOA0's debt to equity ratio has increased from 0% to 79.2% over the 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: DOA0 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: DOA0 has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of 5.7% each year.