Aura Biosciences Balance Sheet Health
Financial Health criteria checks 6/6
Aura Biosciences has a total shareholder equity of $225.8M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $255.1M and $29.2M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$226.15m |
Equity | US$225.85m |
Total liabilities | US$29.23m |
Total assets | US$255.08m |
Recent financial health updates
We Think Aura Biosciences (NASDAQ:AURA) Can Afford To Drive Business Growth
Oct 03Companies Like Aura Biosciences (NASDAQ:AURA) Are In A Position To Invest In Growth
Mar 28We Think Aura Biosciences (NASDAQ:AURA) Can Afford To Drive Business Growth
Oct 01Companies Like Aura Biosciences (NASDAQ:AURA) Are In A Position To Invest In Growth
Apr 10Recent updates
We Think Aura Biosciences (NASDAQ:AURA) Can Afford To Drive Business Growth
Oct 03Companies Like Aura Biosciences (NASDAQ:AURA) Are In A Position To Invest In Growth
Mar 28We Think Aura Biosciences (NASDAQ:AURA) Can Afford To Drive Business Growth
Oct 01Aura gains as JMP starts with Bullish view citing treatment platform
Jul 19Aura Biosciences' AU-011 gets FDA fast-track status for bladder cancer
Jun 30Companies Like Aura Biosciences (NASDAQ:AURA) Are In A Position To Invest In Growth
Apr 10Financial Position Analysis
Short Term Liabilities: AURA's short term assets ($231.8M) exceed its short term liabilities ($12.4M).
Long Term Liabilities: AURA's short term assets ($231.8M) exceed its long term liabilities ($16.9M).
Debt to Equity History and Analysis
Debt Level: AURA is debt free.
Reducing Debt: AURA 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: AURA has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: AURA has sufficient cash runway for 2.2 years if free cash flow continues to reduce at historical rates of 32.1% each year.