enGene Holdings Balance Sheet Health
Financial Health criteria checks 5/6
enGene Holdings has a total shareholder equity of $230.3M and total debt of $23.0M, which brings its debt-to-equity ratio to 10%. Its total assets and total liabilities are $266.9M and $36.6M respectively.
Key information
10.0%
Debt to equity ratio
US$22.95m
Debt
| Interest coverage ratio | n/a |
| Cash | US$257.68m |
| Equity | US$230.33m |
| Total liabilities | US$36.55m |
| Total assets | US$266.88m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: ENGN's short term assets ($262.7M) exceed its short term liabilities ($13.5M).
Long Term Liabilities: ENGN's short term assets ($262.7M) exceed its long term liabilities ($23.1M).
Debt to Equity History and Analysis
Debt Level: ENGN has more cash than its total debt.
Reducing Debt: Insufficient data to determine if ENGN'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: ENGN has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: ENGN has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 24.5% each year