argenx Balance Sheet Health

Financial Health criteria checks 5/6

argenx has a total shareholder equity of $4.1B and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $4.5B and $445.0M respectively.

Key information

0%

Debt to equity ratio

US$0

Debt

Interest coverage ration/a
CashUS$3.18b
EquityUS$4.10b
Total liabilitiesUS$444.95m
Total assetsUS$4.54b

Recent financial health updates

No updates

Recent updates

argenx: Upgrading To 'Strong Buy' On Vyvgart's Q4 Sales, Empasiprubart Data, Pipeline Expansion

Feb 01

Argenx files for US approval of subcutaneous form of neuromuscular disorder drug efgartigimod

Sep 21

Argenx's neuromuscular disorder drug Vyvgart wins approval in EU

Aug 11

Argenx SE GAAP EPS of -$3.81 beats by $0.83, total operating income of $85.18M

Jul 28

argenx: A Very Good Start For Vyvgart

May 25

argenx SE: Again Following Dutch Biotech, Prior Recommendation Near-Term Gain

May 18

argenx SE: Dutch Biotech Has Near Gain Ahead Says Hedging By Market-Makers

Mar 07

argenx: Vyvgart's Approval A Key Step For Continued Value Creation

Dec 22

argenx SE: Institutional Buying Turnaround In Dutch Biotech With Thin Audience Now Seen As Good Value By Market-Makers

Nov 30

argenx: R&D Day Goes Unnoticed

Aug 23

argenx: Next Phase Of Growth With Efgartigimod And ARGX-117

Jun 30

Argenx to regain global rights to cusatuzumab from Janssen Pharmaceuticals

Jun 07

Argenx raises ~$1B in global offering

Feb 03

argenx to raise $750M in proposed global offering

Feb 01

argenx on target to file efgartigimod applications in Japan and Europe

Jan 08

argenx and Zai Lab collaborate for Efgartigimod in Greater China

Jan 06

Argenx inks $98M deal to secure accelared review status for efgartigimod

Nov 23

argenx (ARGX) Investor Presentation - Slideshow

Nov 18

Financial Position Analysis

Short Term Liabilities: ARGX's short term assets ($4.1B) exceed its short term liabilities ($423.0M).

Long Term Liabilities: ARGX's short term assets ($4.1B) exceed its long term liabilities ($22.0M).


Debt to Equity History and Analysis

Debt Level: ARGX is debt free.

Reducing Debt: ARGX 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: ARGX has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if ARGX has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


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