Celcuity Balance Sheet Health
Financial Health criteria checks 5/6
Celcuity has a total shareholder equity of $139.8M and total debt of $37.0M, which brings its debt-to-equity ratio to 26.5%. Its total assets and total liabilities are $191.2M and $51.5M respectively.
Key information
26.5%
Debt to equity ratio
US$37.04m
Debt
| Interest coverage ratio | n/a |
| Cash | US$180.58m |
| Equity | US$139.77m |
| Total liabilities | US$51.45m |
| Total assets | US$191.22m |
Recent financial health updates
Is Celcuity (NASDAQ:CELC) Using Too Much Debt?
Jul 04
Is Celcuity (NASDAQ:CELC) A Risky Investment?
Sep 13Is Celcuity (NASDAQ:CELC) A Risky Investment?
Jan 27Health Check: How Prudently Does Celcuity (NASDAQ:CELC) Use Debt?
Sep 21We're Hopeful That Celcuity (NASDAQ:CELC) Will Use Its Cash Wisely
Jan 20Recent updates
Is Celcuity (NASDAQ:CELC) Using Too Much Debt?
Jul 04Is Celcuity (NASDAQ:CELC) A Risky Investment?
Sep 13Celcuity rises after hours on FDA Breakthrough Therapy nod for its breast cancer treatment
Jul 18Is Celcuity (NASDAQ:CELC) A Risky Investment?
Jan 27Health Check: How Prudently Does Celcuity (NASDAQ:CELC) Use Debt?
Sep 21Celcuity: Nipping The Oncogenic Bud
Jul 08What You Need To Know About Celcuity Inc.'s (NASDAQ:CELC) Investor Composition
Mar 14We're Hopeful That Celcuity (NASDAQ:CELC) Will Use Its Cash Wisely
Jan 20Celcuity inks clinical trial pact with Massachusetts General Hospital and Puma Technologies
Dec 23Could The Celcuity Inc. (NASDAQ:CELC) Ownership Structure Tell Us Something Useful?
Nov 29Celcuity EPS beats by $0.03
Nov 09Financial Position Analysis
Short Term Liabilities: CELC's short term assets ($190.6M) exceed its short term liabilities ($14.2M).
Long Term Liabilities: CELC's short term assets ($190.6M) exceed its long term liabilities ($37.3M).
Debt to Equity History and Analysis
Debt Level: CELC has more cash than its total debt.
Reducing Debt: CELC's debt to equity ratio has increased from 0% to 26.5% 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: CELC has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: CELC has sufficient cash runway for 2.4 years if free cash flow continues to reduce at historical rates of 42% each year.