Fortress Biotech Balance Sheet Health
Financial Health criteria checks 0/6
Fortress Biotech has a total shareholder equity of $-3.9M and total debt of $68.4M, which brings its debt-to-equity ratio to -1738.4%. Its total assets and total liabilities are $164.6M and $168.6M respectively.
Key information
-1,738.4%
Debt to equity ratio
US$68.44m
Debt
| Interest coverage ratio | n/a |
| Cash | US$83.77m |
| Equity | -US$3.94m |
| Total liabilities | US$168.58m |
| Total assets | US$164.65m |
Recent financial health updates
Is Fortress Biotech (NASDAQ:FBIO) Using Debt Sensibly?
Jan 11
Fortress Biotech (NASDAQ:FBIO) Has Debt But No Earnings; Should You Worry?
Sep 28Does Fortress Biotech (NASDAQ:FBIO) Have A Healthy Balance Sheet?
Jun 04Recent updates
There's No Escaping Fortress Biotech, Inc.'s (NASDAQ:FBIO) Muted Revenues Despite A 99% Share Price Rise
Dec 29There Is A Reason Fortress Biotech, Inc.'s (NASDAQ:FBIO) Price Is Undemanding
Aug 18Fortress to get NIH funding for trial of Triplex vaccine to prevent CMV in liver transplant patients
Aug 11David Jin is the new finance chief of Fortress Biotech
Jul 22Is Fortress Biotech (NASDAQ:FBIO) Using Debt Sensibly?
Jan 11Fortress Biotech (NASDAQ:FBIO) Has Debt But No Earnings; Should You Worry?
Sep 28Does Fortress Biotech (NASDAQ:FBIO) Have A Healthy Balance Sheet?
Jun 04Is Fortress Biotech (NASDAQ:FBIO) Using Too Much Debt?
Mar 04When Will Fortress Biotech, Inc. (NASDAQ:FBIO) Turn A Profit?
Feb 06Read This Before Buying Fortress Biotech, Inc. (NASDAQ:FBIO) Shares
Jan 11
Fortress Biotech founded Cyprium's CUTX-101 nabs accelerated review for copper metabolism disorder
Dec 15Is Fortress Biotech, Inc. (NASDAQ:FBIO) Popular Amongst Insiders?
Dec 15Health Check: How Prudently Does Fortress Biotech (NASDAQ:FBIO) Use Debt?
Nov 19Fortress Biotech EPS misses by $0.02, misses on revenue
Nov 09Financial Position Analysis
Short Term Liabilities: FBIO has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: FBIO 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: FBIO has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: FBIO'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: FBIO has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: FBIO has less than a year of cash runway if free cash flow continues to reduce at historical rates of 10.3% each year