Amarin Balance Sheet Health
Financial Health criteria checks 6/6
Amarin has a total shareholder equity of $552.1M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $831.7M and $279.6M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$320.66m |
| Equity | US$552.10m |
| Total liabilities | US$279.59m |
| Total assets | US$831.68m |
Recent financial health updates
We Think Amarin (NASDAQ:AMRN) Can Afford To Drive Business Growth
Jul 18
Is Amarin (NASDAQ:AMRN) In A Good Position To Deliver On Growth Plans?
Nov 11Here's Why We're Not At All Concerned With Amarin's (NASDAQ:AMRN) Cash Burn Situation
Feb 23Recent updates
Amarin Corporation: Small Signs Of Recovery May Not Be Enough
Apr 16Little Excitement Around Amarin Corporation plc's (NASDAQ:AMRN) Revenues As Shares Take 27% Pounding
Mar 12Amarin: Sarissa Is Giving Me Hope Again
Jan 15Improved Revenues Required Before Amarin Corporation plc (NASDAQ:AMRN) Stock's 26% Jump Looks Justified
Jan 03Calculating The Fair Value Of Amarin Corporation plc (NASDAQ:AMRN)
Nov 19Investors Don't See Light At End Of Amarin Corporation plc's (NASDAQ:AMRN) Tunnel
Sep 27We Think Amarin (NASDAQ:AMRN) Can Afford To Drive Business Growth
Jul 18Is Amarin (NASDAQ:AMRN) In A Good Position To Deliver On Growth Plans?
Nov 11Amarin gains as activist Sarissa starts process for special meeting to replace some board members
Oct 11Amarin down 21% on higher than normal daily volume
Aug 22For Amarin, Something Wishful This Way Comes
Aug 14Amarin Q2 2022 Earnings Preview
Aug 02HLS Therapeutics gets reimbursement for Vascepa in Ontario
Jul 25Amarin's Vazkepa medicine gets final guidance from UK body for reimbursement and use
Jul 13Amarin extends losses after Stat report on cardiovascular therapy
Jun 30Amarin: Alex Denner, Health Net, Statin Combo, And Signs Of Better Times
Apr 19Here's Why We're Not At All Concerned With Amarin's (NASDAQ:AMRN) Cash Burn Situation
Feb 23Financial Position Analysis
Short Term Liabilities: AMRN's short term assets ($725.0M) exceed its short term liabilities ($259.3M).
Long Term Liabilities: AMRN's short term assets ($725.0M) exceed its long term liabilities ($20.3M).
Debt to Equity History and Analysis
Debt Level: AMRN is debt free.
Reducing Debt: AMRN has no debt compared to 5 years ago when its debt to equity ratio was 52.7%.
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: Whilst unprofitable AMRN has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: AMRN is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 10.7% per year.