Egetis Therapeutics Balance Sheet Health
Financial Health criteria checks 3/6
Egetis Therapeutics has a total shareholder equity of SEK401.5M and total debt of SEK108.9M, which brings its debt-to-equity ratio to 27.1%. Its total assets and total liabilities are SEK646.6M and SEK245.1M respectively.
Key information
27.1%
Debt to equity ratio
SEK 108.90m
Debt
| Interest coverage ratio | n/a |
| Cash | SEK 192.60m |
| Equity | SEK 401.50m |
| Total liabilities | SEK 245.10m |
| Total assets | SEK 646.60m |
Recent financial health updates
Is Egetis Therapeutics (STO:EGTX) Using Debt Sensibly?
Aug 20
Here's Why We're Not Too Worried About Egetis Therapeutics' (STO:EGTX) Cash Burn Situation
May 26We're Keeping An Eye On Egetis Therapeutics' (STO:EGTX) Cash Burn Rate
Dec 21Will Egetis Therapeutics (STO:EGTX) Spend Its Cash Wisely?
Jun 07Recent updates
Is Egetis Therapeutics (STO:EGTX) Using Debt Sensibly?
Aug 20Here's Why We're Not Too Worried About Egetis Therapeutics' (STO:EGTX) Cash Burn Situation
May 26We're Keeping An Eye On Egetis Therapeutics' (STO:EGTX) Cash Burn Rate
Dec 21Will Egetis Therapeutics (STO:EGTX) Spend Its Cash Wisely?
Jun 07Is Egetis Therapeutics AB (publ) (STO:EGTX) Trading At A 30% Discount?
Jan 19Egetis Therapeutics AB (publ) (STO:EGTX) Is Expected To Breakeven In The Near Future
Mar 22What Type Of Returns Would Egetis Therapeutics'(STO:EGTX) Shareholders Have Earned If They Purchased Their SharesFive Years Ago?
Feb 15Financial Position Analysis
Short Term Liabilities: EGTX's short term assets (SEK232.5M) exceed its short term liabilities (SEK149.2M).
Long Term Liabilities: EGTX's short term assets (SEK232.5M) exceed its long term liabilities (SEK95.9M).
Debt to Equity History and Analysis
Debt Level: EGTX has more cash than its total debt.
Reducing Debt: EGTX's debt to equity ratio has increased from 0% to 27.1% 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: EGTX has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if EGTX has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.