argenx Balance Sheet Health
Financial Health criteria checks 4/6
argenx has a total shareholder equity of $4.1B and total debt of $20.0M, which brings its debt-to-equity ratio to 0.5%. Its total assets and total liabilities are $4.5B and $445.0M respectively.
Key information
0.5%
Debt to equity ratio
US$20.00m
Debt
Interest coverage ratio | n/a |
Cash | US$3.18b |
Equity | US$4.10b |
Total liabilities | US$444.95m |
Total assets | US$4.54b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ARGX N's short term assets ($4.1B) exceed its short term liabilities ($423.0M).
Long Term Liabilities: ARGX N's short term assets ($4.1B) exceed its long term liabilities ($22.0M).
Debt to Equity History and Analysis
Debt Level: ARGX N has more cash than its total debt.
Reducing Debt: ARGX N's debt to equity ratio has increased from 0% to 0.5% 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: ARGX N has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if ARGX N has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.