DURECT Balance Sheet Health
Financial Health criteria checks 2/6
DURECT has a total shareholder equity of $5.0M and total debt of $12.5M, which brings its debt-to-equity ratio to 249.1%. Its total assets and total liabilities are $29.9M and $24.8M respectively.
Key information
249.1%
Debt to equity ratio
US$12.55m
Debt
| Interest coverage ratio | n/a |
| Cash | US$15.65m |
| Equity | US$5.04m |
| Total liabilities | US$24.82m |
| Total assets | US$29.85m |
Recent financial health updates
Is DURECT (NASDAQ:DRRX) A Risky Investment?
May 12
Does DURECT (NASDAQ:DRRX) Have A Healthy Balance Sheet?
Jan 08Is DURECT (NASDAQ:DRRX) Using Debt Sensibly?
Aug 05Recent updates
Brokers Are Upgrading Their Views On DURECT Corporation (NASDAQ:DRRX) With These New Forecasts
Aug 08Durect names ex-RBC Capital Markets executive as CFO
Jul 05Is DURECT (NASDAQ:DRRX) A Risky Investment?
May 12DURECT Corporation (NASDAQ:DRRX) Analysts Are More Bearish Than They Used To Be
Mar 14DURECT Corporation (NASDAQ:DRRX) Consensus Forecasts Have Become A Little Darker Since Its Latest Report
Mar 10Does DURECT (NASDAQ:DRRX) Have A Healthy Balance Sheet?
Jan 08Is DURECT (NASDAQ:DRRX) Using Debt Sensibly?
Aug 05Durect (DRRX) Investor Presentation - Slideshow
May 06Durect EPS misses by $0.01, misses on revenue
May 04DURECT prices ~$43M stock offering
Feb 04DURECT surges after FDA approval for Posimir
Feb 02Durect's DUR-928 fast track'd for alcoholic hepatitis in the U.S.
Dec 16DURECT (DRRX) Investor Presentation - Slideshow
Oct 31Financial Position Analysis
Short Term Liabilities: DRRX's short term assets ($20.0M) do not cover its short term liabilities ($21.9M).
Long Term Liabilities: DRRX's short term assets ($20.0M) exceed its long term liabilities ($2.9M).
Debt to Equity History and Analysis
Debt Level: DRRX has more cash than its total debt.
Reducing Debt: DRRX's debt to equity ratio has increased from 90.9% to 249.1% 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: DRRX has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: DRRX has less than a year of cash runway if free cash flow continues to reduce at historical rates of 16.6% each year