Galapagos Balance Sheet Health
Financial Health criteria checks 6/6
Galapagos has a total shareholder equity of €2.8B and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €4.4B and €1.6B respectively.
Key information
0%
Debt to equity ratio
€0
Debt
Interest coverage ratio | n/a |
Cash | €3.68b |
Equity | €2.80b |
Total liabilities | €1.56b |
Total assets | €4.36b |
Recent financial health updates
No updates
Recent updates
Galapagos: Pipeline Still Progressing Despite Financial Volatility
Mar 07Galapagos: Trading At Discount To Cash With A Fast-Growing Marketed Product
Oct 10EMA panel approves amending label for Galapagos' Jyseleca on testicular function effects
Oct 03Galapagos stock dips after Jefferies slashes rating citing challenges ahead
Jul 25Galapagos: Can The Company Turn Around?
May 19Galapagos: A History Of Disruptive Failures
Feb 22Galapagos: The Investment Thesis Is More Appealing Than Ever
Dec 02Galapagos, Gilead's Selection study on filgotinib in ulcerative colitis published in the Lancet
Jun 04Galapagos reports Q1 results
May 06Galapagos: Market Values Pipeline Below $0
Dec 30Galapagos candidate shows positive action in IPF proof-of-concept study
Nov 30Galapagos NV 2020 Q3 - Results - Earnings Call Presentation
Nov 06Galapagos Is A Buy Despite Setback In The U.S.
Oct 23Financial Position Analysis
Short Term Liabilities: GLPG's short term assets (€3.9B) exceed its short term liabilities (€428.2M).
Long Term Liabilities: GLPG's short term assets (€3.9B) exceed its long term liabilities (€1.1B).
Debt to Equity History and Analysis
Debt Level: GLPG is debt free.
Reducing Debt: GLPG had no debt 5 years ago.
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: GLPG has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: GLPG has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 26.6% each year