Precision BioSciences Balance Sheet Health
Financial Health criteria checks 5/6
Precision BioSciences has a total shareholder equity of $18.9M and total debt of $22.4M, which brings its debt-to-equity ratio to 118.8%. Its total assets and total liabilities are $159.8M and $140.9M respectively.
Key information
118.8%
Debt to equity ratio
US$22.41m
Debt
| Interest coverage ratio | n/a |
| Cash | US$116.68m |
| Equity | US$18.86m |
| Total liabilities | US$140.92m |
| Total assets | US$159.78m |
Recent financial health updates
Is Precision BioSciences (NASDAQ:DTIL) Using Debt In A Risky Way?
Mar 14
Is Precision BioSciences (NASDAQ:DTIL) Weighed On By Its Debt Load?
Dec 08Despite Lacking Profits Precision BioSciences (NASDAQ:DTIL) Seems To Be On Top Of Its Debt
Apr 19Precision BioSciences (NASDAQ:DTIL) Is Using Debt Safely
Dec 31Recent updates
Analysts Just Made A Meaningful Upgrade To Their Precision BioSciences, Inc. (NASDAQ:DTIL) Forecasts
Aug 06It's Down 29% But Precision BioSciences, Inc. (NASDAQ:DTIL) Could Be Riskier Than It Looks
Jun 23Is Precision BioSciences (NASDAQ:DTIL) Using Debt In A Risky Way?
Mar 14Is Precision BioSciences (NASDAQ:DTIL) Weighed On By Its Debt Load?
Dec 08Precision BioSciences appoints chief business officer from within ranks, rejigs co-founders' roles
Sep 02Precision BioSciences: CAR T Data Updates End Of 2022 And Plenty Of Cash
Aug 16Precision BioSciences Q2 2022 Earnings Preview
Aug 05Precision Bio: Another CAR-T Laggard With No Solid Prospects
May 09Despite Lacking Profits Precision BioSciences (NASDAQ:DTIL) Seems To Be On Top Of Its Debt
Apr 19Analyst Forecasts Just Became More Bearish On Precision BioSciences, Inc. (NASDAQ:DTIL)
Mar 21Precision BioSciences (NASDAQ:DTIL) Is Using Debt Safely
Dec 31Precision BioSciences: Uniquely Positioned
Oct 07Is Precision BioSciences (NASDAQ:DTIL) A Risky Investment?
Sep 24Precision BioSciences: The Right Profile To Progress
Aug 27Financial Position Analysis
Short Term Liabilities: DTIL's short term assets ($136.4M) exceed its short term liabilities ($50.0M).
Long Term Liabilities: DTIL's short term assets ($136.4M) exceed its long term liabilities ($90.9M).
Debt to Equity History and Analysis
Debt Level: DTIL has more cash than its total debt.
Reducing Debt: DTIL's debt to equity ratio has increased from 0% to 118.8% 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: DTIL has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: DTIL has sufficient cash runway for 1.7 years if free cash flow continues to grow at historical rates of 0.9% each year.