Cerevel Therapeutics Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Cerevel Therapeutics Holdings has a total shareholder equity of $673.7M and total debt of $449.6M, which brings its debt-to-equity ratio to 66.7%. Its total assets and total liabilities are $1.2B and $569.6M respectively.
Key information
66.7%
Debt to equity ratio
US$449.59m
Debt
| Interest coverage ratio | n/a |
| Cash | US$990.97m |
| Equity | US$673.75m |
| Total liabilities | US$569.55m |
| Total assets | US$1.24b |
Recent financial health updates
Recent updates
Cerevel Therapeutics Holdings, Inc. (NASDAQ:CERE) Shares Could Be 23% Above Their Intrinsic Value Estimate
Jan 02
Cerevel overweight at Wells Fargo due to candidates with blockbuster potential
Sep 26Cerevel Therapeutics prices $300M in notes offering, $254M in stock offering
Aug 12Cerevel Therapeutics GAAP EPS of -$0.61 misses by $0.13
Aug 01Cerevel: The Next Big Thing In CNS Disease? Maybe If The Market Wasn't So Crowded
Jul 08Cerevel Therapeutics: Pfizer's Neurology Spin-Off
Jul 14We're Not Very Worried About Cerevel Therapeutics Holdings' (NASDAQ:CERE) Cash Burn Rate
Jun 09Is Cerevel Therapeutics Holdings, Inc. (NASDAQ:CERE) Popular Amongst Institutions?
Jan 29Cerevel Therapeutics (CERE) Investor Presentation - Slideshow
Nov 18Cerevel Therapeutics reports Q3 results
Nov 16Dosing underway in Cerevel Therapeutics' tavapadon trials for Parkinson’s disease
Oct 30Financial Position Analysis
Short Term Liabilities: CERE's short term assets ($1.0B) exceed its short term liabilities ($92.2M).
Long Term Liabilities: CERE's short term assets ($1.0B) exceed its long term liabilities ($477.4M).
Debt to Equity History and Analysis
Debt Level: CERE has more cash than its total debt.
Reducing Debt: CERE's debt to equity ratio has increased from 0% to 66.7% 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: CERE has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: CERE has sufficient cash runway for 2.4 years if free cash flow continues to reduce at historical rates of 32.3% each year.