Heron Therapeutics Balance Sheet Health
Financial Health criteria checks 2/6
Heron Therapeutics has a total shareholder equity of $-37.9M and total debt of $174.2M, which brings its debt-to-equity ratio to -459.2%. Its total assets and total liabilities are $218.1M and $256.1M respectively.
Key information
-459.2%
Debt to equity ratio
US$174.23m
Debt
| Interest coverage ratio | n/a |
| Cash | US$67.35m |
| Equity | -US$37.94m |
| Total liabilities | US$256.08m |
| Total assets | US$218.14m |
Recent financial health updates
Is Heron Therapeutics (NASDAQ:HRTX) A Risky Investment?
Aug 10
Health Check: How Prudently Does Heron Therapeutics (NASDAQ:HRTX) Use Debt?
Jan 19Is Heron Therapeutics (NASDAQ:HRTX) Using Too Much Debt?
Oct 03Recent updates
Investors Don't See Light At End Of Heron Therapeutics, Inc.'s (NASDAQ:HRTX) Tunnel And Push Stock Down 32%
Aug 08Heron Therapeutics, Inc.'s (NASDAQ:HRTX) Share Price Boosted 31% But Its Business Prospects Need A Lift Too
May 30Heron Therapeutics: Zynrelef Potentially Eases Shareholder Pain
Apr 16Here's What Analysts Are Forecasting For Heron Therapeutics, Inc. (NASDAQ:HRTX) After Its Full-Year Results
Mar 15Heron Therapeutics, Inc. (NASDAQ:HRTX) Surges 27% Yet Its Low P/S Is No Reason For Excitement
Feb 15Heron Therapeutics, Inc. (NASDAQ:HRTX) Held Back By Insufficient Growth Even After Shares Climb 27%
Dec 22Heron wins FDA nod for post-operative agent to address nausea and vomiting
Sep 16Is Heron Therapeutics (NASDAQ:HRTX) A Risky Investment?
Aug 10Heron Therapeutics Q2 2022 Earnings Preview
Aug 08Heron Therapeutics proposes 34% cut in workforce as part of cost reduction plan
Jun 30Heron Therapeutics: Cash Is A Problem Again
Mar 31Heron Therapeutics: Changing Strategy After Disappointing Earnings
Mar 03Health Check: How Prudently Does Heron Therapeutics (NASDAQ:HRTX) Use Debt?
Jan 19Heron Therapeutics: Looking For Signs Of The Bottom
Oct 07Is Heron Therapeutics (NASDAQ:HRTX) Using Too Much Debt?
Oct 03Need To Know: Analysts Just Made A Substantial Cut To Their Heron Therapeutics, Inc. (NASDAQ:HRTX) Estimates
Aug 11Shareholders May Be A Bit More Conservative With Heron Therapeutics, Inc.'s (NASDAQ:HRTX) CEO Compensation For Now
Jun 11Financial Position Analysis
Short Term Liabilities: HRTX has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: HRTX 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: HRTX has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: HRTX'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: HRTX has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: HRTX has sufficient cash runway for 1.7 years if free cash flow continues to grow at historical rates of 12% each year.