Soligenix Balance Sheet Health
Financial Health criteria checks 5/6
Soligenix has a total shareholder equity of $5.9M and total debt of $2.1M, which brings its debt-to-equity ratio to 34.7%. Its total assets and total liabilities are $10.5M and $4.5M respectively.
Key information
34.7%
Debt to equity ratio
US$2.06m
Debt
| Interest coverage ratio | n/a |
| Cash | US$9.84m |
| Equity | US$5.94m |
| Total liabilities | US$4.54m |
| Total assets | US$10.48m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0A6I's short term assets ($10.3M) exceed its short term liabilities ($4.5M).
Long Term Liabilities: 0A6I's short term assets ($10.3M) exceed its long term liabilities ($11.5K).
Debt to Equity History and Analysis
Debt Level: 0A6I has more cash than its total debt.
Reducing Debt: 0A6I's debt to equity ratio has increased from 0% to 34.7% 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: 0A6I has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 0A6I has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of 4% each year.