Annexon Balance Sheet Health
Financial Health criteria checks 6/6
Annexon has a total shareholder equity of $250.6M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $297.7M and $47.1M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$259.72m |
| Equity | US$250.56m |
| Total liabilities | US$47.12m |
| Total assets | US$297.67m |
Recent financial health updates
Here's Why We're Watching Annexon's (NASDAQ:ANNX) Cash Burn Situation
Nov 10
Is Annexon (NASDAQ:ANNX) In A Good Position To Deliver On Growth Plans?
Jul 25Is Annexon (NASDAQ:ANNX) In A Good Position To Deliver On Growth Plans?
Apr 11We Think Annexon (NASDAQ:ANNX) Needs To Drive Business Growth Carefully
Dec 28We're Keeping An Eye On Annexon's (NASDAQ:ANNX) Cash Burn Rate
Apr 16Companies Like Annexon (NASDAQ:ANNX) Are In A Position To Invest In Growth
Jan 01Recent updates
Annexon: Unforced Error Sullies Prospects
Apr 03Here's Why We're Watching Annexon's (NASDAQ:ANNX) Cash Burn Situation
Nov 10Is Annexon (NASDAQ:ANNX) In A Good Position To Deliver On Growth Plans?
Jul 25Is Annexon (NASDAQ:ANNX) In A Good Position To Deliver On Growth Plans?
Apr 11Are Investors Undervaluing Annexon, Inc. (NASDAQ:ANNX) By 25%?
Feb 14We Think Annexon (NASDAQ:ANNX) Needs To Drive Business Growth Carefully
Dec 28Annexon started as a buy at Jefferies on market potential of candidates, data catalysts
Sep 16Annexon: A First Take
Aug 21Annexon Biosciences GAAP EPS of -$0.96 misses by $0.02
Aug 08Annexon to raise $130M in stock and warrant offering
Jul 08We're Keeping An Eye On Annexon's (NASDAQ:ANNX) Cash Burn Rate
Apr 16Companies Like Annexon (NASDAQ:ANNX) Are In A Position To Invest In Growth
Jan 01Companies Like Annexon (NASDAQ:ANNX) Are In A Position To Invest In Growth
Sep 08We Think Annexon (NASDAQ:ANNX) Can Afford To Drive Business Growth
May 22We Think Annexon (NASDAQ:ANNX) Can Afford To Drive Business Growth
Feb 06
Dosing underway in Annexon's Phase 2/3 study of monoclonal antibody in Guillain-Barré Syndrome
Dec 21Annexon Biosciences EPS misses by $0.43
Nov 16Financial Position Analysis
Short Term Liabilities: ANNX's short term assets ($263.9M) exceed its short term liabilities ($17.9M).
Long Term Liabilities: ANNX's short term assets ($263.9M) exceed its long term liabilities ($29.2M).
Debt to Equity History and Analysis
Debt Level: ANNX is debt free.
Reducing Debt: ANNX has no debt compared to 5 years ago when its debt to equity ratio was 13.6%.
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: ANNX has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: ANNX has sufficient cash runway for 1.9 years if free cash flow continues to reduce at historical rates of 33.9% each year.