Initiator Pharma Balance Sheet Health
Financial Health criteria checks 4/6
Initiator Pharma has a total shareholder equity of DKK18.9M and total debt of DKK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are DKK20.2M and DKK1.3M respectively.
Key information
0%
Debt to equity ratio
DKK 0
Debt
| Interest coverage ratio | n/a |
| Cash | DKK 14.49m |
| Equity | DKK 18.92m |
| Total liabilities | DKK 1.31m |
| Total assets | DKK 20.23m |
Recent financial health updates
We're Not Worried About Initiator Pharma's (STO:INIT) Cash Burn
May 31
Health Check: How Prudently Does Initiator Pharma (STO:INIT) Use Debt?
Feb 27Is Initiator Pharma (STO:INIT) Using Debt In A Risky Way?
May 20Is Initiator Pharma (STO:INIT) Using Debt In A Risky Way?
Jan 06We're Not Worried About Initiator Pharma's (STO:INIT) Cash Burn
Oct 26We're Not Very Worried About Initiator Pharma's (NGM:INIT) Cash Burn Rate
Jun 12Recent updates
We're Not Worried About Initiator Pharma's (STO:INIT) Cash Burn
May 31Health Check: How Prudently Does Initiator Pharma (STO:INIT) Use Debt?
Feb 27Is Initiator Pharma (STO:INIT) Using Debt In A Risky Way?
May 20Is Initiator Pharma (STO:INIT) Using Debt In A Risky Way?
Jan 06We're Not Worried About Initiator Pharma's (STO:INIT) Cash Burn
Oct 26We're Not Very Worried About Initiator Pharma's (NGM:INIT) Cash Burn Rate
Jun 12Financial Position Analysis
Short Term Liabilities: INIT's short term assets (DKK20.2M) exceed its short term liabilities (DKK1.3M).
Long Term Liabilities: INIT has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: INIT is debt free.
Reducing Debt: INIT had no debt 5 years ago.
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: INIT has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: INIT has less than a year of cash runway if free cash flow continues to reduce at historical rates of 18.8% each year