Fortress Biotech Balance Sheet Health
Financial Health criteria checks 3/6
Fortress Biotech has a total shareholder equity of $1.6M and total debt of $67.8M, which brings its debt-to-equity ratio to 4271.4%. Its total assets and total liabilities are $167.5M and $165.9M respectively.
Key information
4,271.4%
Debt to equity ratio
US$67.79m
Debt
Interest coverage ratio | n/a |
Cash | US$80.93m |
Equity | US$1.59m |
Total liabilities | US$165.94m |
Total assets | US$167.53m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FBIO.P's short term assets ($117.0M) exceed its short term liabilities ($84.9M).
Long Term Liabilities: FBIO.P's short term assets ($117.0M) exceed its long term liabilities ($81.0M).
Debt to Equity History and Analysis
Debt Level: FBIO.P has more cash than its total debt.
Reducing Debt: FBIO.P's debt to equity ratio has increased from 402.7% to 4271.4% 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: FBIO.P has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: FBIO.P has less than a year of cash runway if free cash flow continues to reduce at historical rates of 12% each year