Cognition Therapeutics Balance Sheet Health
Financial Health criteria checks 6/6
Cognition Therapeutics has a total shareholder equity of $28.9M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $38.8M and $9.8M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$32.97m |
Equity | US$28.93m |
Total liabilities | US$9.85m |
Total assets | US$38.77m |
Recent financial health updates
Here's Why We're Watching Cognition Therapeutics' (NASDAQ:CGTX) Cash Burn Situation
Nov 30Is Cognition Therapeutics (NASDAQ:CGTX) In A Good Position To Deliver On Growth Plans?
Aug 15Cognition Therapeutics (NASDAQ:CGTX) Is In A Good Position To Deliver On Growth Plans
Mar 17We Think Cognition Therapeutics (NASDAQ:CGTX) Can Afford To Drive Business Growth
Aug 12We're Not Very Worried About Cognition Therapeutics' (NASDAQ:CGTX) Cash Burn Rate
Mar 19Recent updates
Here's Why We're Watching Cognition Therapeutics' (NASDAQ:CGTX) Cash Burn Situation
Nov 30Is Cognition Therapeutics (NASDAQ:CGTX) In A Good Position To Deliver On Growth Plans?
Aug 15Cognition Therapeutics (NASDAQ:CGTX) Is In A Good Position To Deliver On Growth Plans
Mar 17Cognition stock rises 12% on $2.14M grant from NIH for Alzheimer's study
Sep 27We Think Cognition Therapeutics (NASDAQ:CGTX) Can Afford To Drive Business Growth
Aug 12Cognition's Alzheimer's candidate demonstrates mechanism of action; shares soar
Aug 05We're Not Very Worried About Cognition Therapeutics' (NASDAQ:CGTX) Cash Burn Rate
Mar 19Financial Position Analysis
Short Term Liabilities: CGTX's short term assets ($36.0M) exceed its short term liabilities ($8.2M).
Long Term Liabilities: CGTX's short term assets ($36.0M) exceed its long term liabilities ($1.6M).
Debt to Equity History and Analysis
Debt Level: CGTX is debt free.
Reducing Debt: CGTX 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: CGTX has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: CGTX has sufficient cash runway for 1 years if free cash flow continues to reduce at historical rates of 57.9% each year.