Coherus BioSciences Balance Sheet Health
Financial Health criteria checks 0/6
Coherus BioSciences has a total shareholder equity of $-193.4M and total debt of $473.4M, which brings its debt-to-equity ratio to -244.7%. Its total assets and total liabilities are $629.6M and $823.0M respectively.
Key information
-244.7%
Debt to equity ratio
US$473.37m
Debt
| Interest coverage ratio | n/a |
| Cash | US$117.75m |
| Equity | -US$193.42m |
| Total liabilities | US$823.03m |
| Total assets | US$629.60m |
Recent financial health updates
Would Coherus BioSciences (NASDAQ:CHRS) Be Better Off With Less Debt?
Jun 15
Is Coherus BioSciences (NASDAQ:CHRS) Using Debt In A Risky Way?
Jan 06Recent updates
Coherus Biosciences: Dumping One Drug But Showing Promise With Another
Mar 21Revenues Working Against Coherus BioSciences, Inc.'s (NASDAQ:CHRS) Share Price Following 29% Dive
Feb 03Coherus BioSciences: FDA Approvals Spice Up The Pipeline
Jan 17Investors Aren't Buying Coherus BioSciences, Inc.'s (NASDAQ:CHRS) Revenues
Dec 20The Consensus EPS Estimates For Coherus BioSciences, Inc. (NASDAQ:CHRS) Just Fell Dramatically
May 13Coherus to launch its biosimilar to Roche's eye disorder drug Lucentis in U.S. on Oct. 3
Sep 19Coherus: 2022 Is In Many Ways A Make Or Break Year
Aug 24Coherus stock soars 14% on FDA nod for Roche Lucentis' interchangeable biosimilar Cimerli
Aug 03Coherus, Shanghai Junshi refiling for toripalimab gets FDA review in rare head/neck cancer
Jul 06Would Coherus BioSciences (NASDAQ:CHRS) Be Better Off With Less Debt?
Jun 15Coherus: Will Its Chinese Gambit Fail?
May 27Is Coherus BioSciences (NASDAQ:CHRS) Using Debt In A Risky Way?
Jan 06Financial Position Analysis
Short Term Liabilities: CHRS has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: CHRS has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: CHRS has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: CHRS's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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: CHRS has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: CHRS has less than a year of cash runway if free cash flow continues to reduce at historical rates of 12.5% each year