Avalo Therapeutics Balance Sheet Health
Financial Health criteria checks 4/6
Avalo Therapeutics has a total shareholder equity of $14.7M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $29.3M and $14.6M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$10.18m |
Equity | US$14.70m |
Total liabilities | US$14.58m |
Total assets | US$29.27m |
Recent financial health updates
Recent updates
Avalo to get ~15M upfront in license deal with Apollo Therapeutics for AVTX-007
Aug 01Avalo Therapeutics announces one-for-twelve reverse stock split
Jul 06Is Cerecor (NASDAQ:CERC) A Risky Investment?
Aug 10Cerecor enters into $35M debt financing agreement with Horizon Technology Finance
Jun 07What Kind Of Investors Own Most Of Cerecor Inc. (NASDAQ:CERC)?
Mar 10Have Insiders Been Buying Cerecor Inc. (NASDAQ:CERC) Shares?
Jan 18Armistice Capital adds 2.5M Cerecor shares for $6.5M
Jan 13Cerecor slumps 12% on stock and pre-funded warrants offering
Jan 07Cerecor gains on CERC-002 data in mid-stage COVID-19 study
Jan 05Cerecor trades higher as FDA accepts IND application for CERC-007
Dec 22Dosing underway in Cerecor's early-stage CERC-007 study in multiple myeloma
Dec 16Cerecor on go with CERC-007 early-stage study in multiple myeloma
Dec 08How Much Of Cerecor Inc. (NASDAQ:CERC) Do Institutions Own?
Nov 27Cerecor teams up with Frontiers CDG Consortium on CERC-801 pivotal study in rare metabolic genetic disorder
Nov 17Financial Position Analysis
Short Term Liabilities: AVTX's short term assets ($12.7M) exceed its short term liabilities ($6.0M).
Long Term Liabilities: AVTX's short term assets ($12.7M) exceed its long term liabilities ($8.6M).
Debt to Equity History and Analysis
Debt Level: AVTX is debt free.
Reducing Debt: AVTX has no debt compared to 5 years ago when its debt to equity ratio was 79%.
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: AVTX has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: AVTX has less than a year of cash runway if free cash flow continues to reduce at historical rates of 34.1% each year