Atai Life Sciences Balance Sheet Health
Financial Health criteria checks 4/6
Atai Life Sciences has a total shareholder equity of $168.5M and total debt of $20.9M, which brings its debt-to-equity ratio to 12.4%. Its total assets and total liabilities are $215.8M and $47.2M respectively.
Key information
12.4%
Debt to equity ratio
US$20.86m
Debt
| Interest coverage ratio | n/a |
| Cash | US$88.35m |
| Equity | US$168.53m |
| Total liabilities | US$47.25m |
| Total assets | US$215.78m |
Recent financial health updates
Is Atai Life Sciences (NASDAQ:ATAI) Using Debt In A Risky Way?
Jul 15
Is Atai Life Sciences (NASDAQ:ATAI) Using Debt Sensibly?
Mar 02We're Hopeful That Atai Life Sciences (NASDAQ:ATAI) Will Use Its Cash Wisely
Aug 07We're Hopeful That Atai Life Sciences (NASDAQ:ATAI) Will Use Its Cash Wisely
Apr 22Recent updates
Is Atai Life Sciences (NASDAQ:ATAI) Using Debt In A Risky Way?
Jul 15ATAI: Enormous Potential Upside But No Clarity Yet
May 27Is Atai Life Sciences (NASDAQ:ATAI) Using Debt Sensibly?
Mar 02atai Life Sciences achieves positive results in phase 1 trial of kratom-derived drug
Oct 12Atai Life Sciences: Decentralized Drug Discovery Platform
Oct 06ATAI Life Sciences GAAP EPS of -$0.24 misses by $0.01
Aug 15We're Hopeful That Atai Life Sciences (NASDAQ:ATAI) Will Use Its Cash Wisely
Aug 07Atai Life Sciences: Leading But Early Stage Psychedelic Therapeutics Developer
Jul 07atai Life Sciences company Kures Therapeutics appoints Dr. Chad Beyer as CEO
Jun 30Atai Life Sciences N.V.: A First Take
Jun 02Atai Life Sciences And The Future Of Psychedelics For Mental Health
May 27We're Hopeful That Atai Life Sciences (NASDAQ:ATAI) Will Use Its Cash Wisely
Apr 22Financial Position Analysis
Short Term Liabilities: ATAI's short term assets ($117.9M) exceed its short term liabilities ($17.6M).
Long Term Liabilities: ATAI's short term assets ($117.9M) exceed its long term liabilities ($29.6M).
Debt to Equity History and Analysis
Debt Level: ATAI has more cash than its total debt.
Reducing Debt: Insufficient data to determine if ATAI'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: ATAI has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: ATAI has less than a year of cash runway if free cash flow continues to reduce at historical rates of 29.7% each year