Hoth Therapeutics Balance Sheet Health
Financial Health criteria checks 6/6
Hoth Therapeutics has a total shareholder equity of $8.8M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $9.5M and $705.0K respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$9.29m |
| Equity | US$8.82m |
| Total liabilities | US$704.98k |
| Total assets | US$9.52m |
Recent financial health updates
Here's Why We're Watching Hoth Therapeutics' (NASDAQ:HOTH) Cash Burn Situation
Nov 12
We're Not Very Worried About Hoth Therapeutics' (NASDAQ:HOTH) Cash Burn Rate
Jun 10Companies Like Hoth Therapeutics (NASDAQ:HOTH) Could Be Quite Risky
Dec 02
Recent updates
Hoth Therapeutics partners with Altasciences to manufacture HT-TBI for brain injury
Sep 20Hoth Therapeutics granted grace days by Nasdaq to regain compliance with bid price rule
Jun 29Here's Why We're Watching Hoth Therapeutics' (NASDAQ:HOTH) Cash Burn Situation
Nov 12Hoth Therapeutics extends agreement for experimental antibiotic
Jun 18We're Not Very Worried About Hoth Therapeutics' (NASDAQ:HOTH) Cash Burn Rate
Jun 10Hoth Therapeutics expands research agreement with VCU for COVID-19 therapeutic
May 05Hoth Therapeutics shares rise 10% on developmental plans for HT-KIT in multiple orphan diseases and rare cancers
May 03Hoth provides pipeline and regulatory timeline update
Feb 02FDA grants Hoth Therapeutics Pre-IND meeting for HT-001, shares up 15%
Jan 13Hoth Therapeutics to initiate IND enabling studies of HT-001 in cancer
Jan 11Hoth Therapeutics inks deal for treatment of multi-drug resistant bacterial lung infections, shares up 15%
Jan 04Hoth therapeutics signs production agreement for HT-001, Shares up 75%
Dec 31Companies Like Hoth Therapeutics (NASDAQ:HOTH) Could Be Quite Risky
Dec 02Hoth Therapeutics shows encouraging preclinical action in autoimmune skin disorder
Nov 03Financial Position Analysis
Short Term Liabilities: HOTH's short term assets ($9.4M) exceed its short term liabilities ($678.7K).
Long Term Liabilities: HOTH's short term assets ($9.4M) exceed its long term liabilities ($26.3K).
Debt to Equity History and Analysis
Debt Level: HOTH is debt free.
Reducing Debt: HOTH has not had any debt for 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: HOTH has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: HOTH has sufficient cash runway for 1 years if free cash flow continues to reduce at historical rates of 22.9% each year.