Cognition Therapeutics Balance Sheet Health
Financial Health criteria checks 4/6
Cognition Therapeutics has a total shareholder equity of $28.9M and total debt of $366.0K, which brings its debt-to-equity ratio to 1.3%. Its total assets and total liabilities are $38.9M and $10.0M respectively.
Key information
1.3%
Debt to equity ratio
US$366.00k
Debt
Interest coverage ratio | n/a |
Cash | US$34.67m |
Equity | US$28.86m |
Total liabilities | US$9.99m |
Total assets | US$38.85m |
Recent financial health updates
Is Cognition Therapeutics (NASDAQ:CGTX) In A Good Position To Deliver On Growth Plans?
May 22Here'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
Is Cognition Therapeutics (NASDAQ:CGTX) In A Good Position To Deliver On Growth Plans?
May 22Cognition Therapeutics: Approaching Phase 2 Readout In Alzheimer's
Apr 18Here'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 ($38.0M) exceed its short term liabilities ($9.5M).
Long Term Liabilities: CGTX's short term assets ($38.0M) exceed its long term liabilities ($488.0K).
Debt to Equity History and Analysis
Debt Level: CGTX has more cash than its total debt.
Reducing Debt: Insufficient data to determine if CGTX's debt to equity ratio has reduced 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: CGTX has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: CGTX has less than a year of cash runway if free cash flow continues to reduce at historical rates of 49.2% each year