This company has been acquired
Applied Genetic Technologies Balance Sheet Health
Financial Health criteria checks 3/6
Key information
92.6%
Debt to equity ratio
US$16.34m
Debt
| Interest coverage ratio | n/a |
| Cash | US$34.24m |
| Equity | US$17.65m |
| Total liabilities | US$39.69m |
| Total assets | US$57.33m |
Recent financial health updates
Is Applied Genetic Technologies (NASDAQ:AGTC) A Risky Investment?
May 21
Is Applied Genetic Technologies (NASDAQ:AGTC) Using Debt In A Risky Way?
Jan 06
Recent updates
AGTC receives positive feedback from FDA for manufacturing facility
Jul 26Applied Genetic Technologies proposes stock offering to fund clinical trials
Jul 12Applied Genetic Tech: A Speculative Biotech With Potential To Turn Corner In 2022
Jan 12An Assessment Of Applied Genetic Technologies Corporation
Dec 14Applied Genetic Technologies: Weak Early Clinical Ocular Results Highlight Increased Risk
Jul 15Is Applied Genetic Technologies (NASDAQ:AGTC) A Risky Investment?
May 21Applied Genetic trades lower after announcing the departure of chief scientific officer
Apr 26What Is The Ownership Structure Like For Applied Genetic Technologies Corporation (NASDAQ:AGTC)?
Feb 05Is Applied Genetic Technologies (NASDAQ:AGTC) Using Debt In A Risky Way?
Jan 06What Type Of Returns Would Applied Genetic Technologies'(NASDAQ:AGTC) Shareholders Have Earned If They Purchased Their SharesFive Years Ago?
Dec 11Interim data on gene therapy for vision loss disorder fails to lift Applied Genetic
Nov 11Financial Position Analysis
Short Term Liabilities: AGTC's short term assets ($37.2M) exceed its short term liabilities ($26.6M).
Long Term Liabilities: AGTC's short term assets ($37.2M) exceed its long term liabilities ($13.1M).
Debt to Equity History and Analysis
Debt Level: AGTC has more cash than its total debt.
Reducing Debt: Insufficient data to determine if AGTC's debt to equity ratio has reduced 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: AGTC has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: AGTC has less than a year of cash runway if free cash flow continues to reduce at historical rates of 15.4% each year