Aldeyra Therapeutics, Inc.

NasdaqCM:ALDX Stock Report

Market Cap: US$294.2m

Aldeyra Therapeutics Balance Sheet Health

Financial Health criteria checks 6/6

Aldeyra Therapeutics has a total shareholder equity of $85.1M and total debt of $15.3M, which brings its debt-to-equity ratio to 18%. Its total assets and total liabilities are $117.3M and $32.2M respectively.

Key information

18.0%

Debt to equity ratio

US$15.28m

Debt

Interest coverage ration/a
CashUS$72.74m
EquityUS$85.10m
Total liabilitiesUS$32.22m
Total assetsUS$117.32m

Recent financial health updates

Recent updates

Is Aldeyra Therapeutics (NASDAQ:ALDX) Using Too Much Debt?

Jun 21
Is Aldeyra Therapeutics (NASDAQ:ALDX) Using Too Much Debt?

Is Aldeyra Therapeutics (NASDAQ:ALDX) Weighed On By Its Debt Load?

Feb 16
Is Aldeyra Therapeutics (NASDAQ:ALDX) Weighed On By Its Debt Load?

Health Check: How Prudently Does Aldeyra Therapeutics (NASDAQ:ALDX) Use Debt?

Nov 06
Health Check: How Prudently Does Aldeyra Therapeutics (NASDAQ:ALDX) Use Debt?

Aldeyra Therapeutics (NASDAQ:ALDX) Has Debt But No Earnings; Should You Worry?

Mar 26
Aldeyra Therapeutics (NASDAQ:ALDX) Has Debt But No Earnings; Should You Worry?

Is Aldeyra Therapeutics (NASDAQ:ALDX) Using Too Much Debt?

Nov 19
Is Aldeyra Therapeutics (NASDAQ:ALDX) Using Too Much Debt?

Aldeyra Therapeutics on track to submit new drug application for dry eye disease treatment

Sep 14

Aldeyra Therapeutics: Poised For Dry Eye Disease Therapy Monetization

Aug 04

Is Aldeyra Therapeutics (NASDAQ:ALDX) Using Debt In A Risky Way?

Aug 03
Is Aldeyra Therapeutics (NASDAQ:ALDX) Using Debt In A Risky Way?

Aldeyra says trial for dry eye disease candidate reached key goals

Jul 12

Aldeyra Therapeutics (NASDAQ:ALDX) Has Debt But No Earnings; Should You Worry?

Apr 19
Aldeyra Therapeutics (NASDAQ:ALDX) Has Debt But No Earnings; Should You Worry?

Aldeyra Therapeutics Stock: An Undervalued Biotech With Upcoming Catalysts

Feb 17

Aldeyra Therapeutics: Tranquility's Setback Creates A Buying Opportunity If You Believe In Reproxalap

Dec 23

Financial Position Analysis

Short Term Liabilities: ALDX's short term assets ($116.7M) exceed its short term liabilities ($17.2M).

Long Term Liabilities: ALDX's short term assets ($116.7M) exceed its long term liabilities ($15.1M).


Debt to Equity History and Analysis

Debt Level: ALDX has more cash than its total debt.

Reducing Debt: ALDX's debt to equity ratio has reduced from 28.3% to 18% 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: ALDX has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: ALDX has sufficient cash runway for 1.3 years if free cash flow continues to reduce at historical rates of 1.2% each year.


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