MiNK Therapeutics Balance Sheet Health
Financial Health criteria checks 0/6
MiNK Therapeutics has a total shareholder equity of $-16.6M and total debt of $4.4M, which brings its debt-to-equity ratio to -26.6%. Its total assets and total liabilities are $10.3M and $26.9M respectively.
Key information
-26.6%
Debt to equity ratio
US$4.41m
Debt
| Interest coverage ratio | n/a |
| Cash | US$9.31m |
| Equity | -US$16.58m |
| Total liabilities | US$26.90m |
| Total assets | US$10.32m |
Recent financial health updates
MiNK Therapeutics (NASDAQ:INKT) Will Have To Spend Its Cash Wisely
Oct 26
Is MiNK Therapeutics (NASDAQ:INKT) In A Good Position To Deliver On Growth Plans?
Jun 28Recent updates
MiNK Therapeutics (NASDAQ:INKT) Will Have To Spend Its Cash Wisely
Oct 26Is MiNK Therapeutics (NASDAQ:INKT) In A Good Position To Deliver On Growth Plans?
Jun 28Is MiNK Therapeutics (NASDAQ:INKT) In A Good Position To Invest In Growth?
Mar 18MiNK Therapeutics GAAP EPS of -$0.18
Aug 16MiNK Therapeutics GAAP EPS of -$0.18
Aug 09MiNK Therapeutics A Bargain For Potential Cell Therapies
Jun 23We're Hopeful That MiNK Therapeutics (NASDAQ:INKT) Will Use Its Cash Wisely
May 05Financial Position Analysis
Short Term Liabilities: INKT has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: INKT 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: INKT has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: INKT'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: INKT has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: INKT has less than a year of cash runway if free cash flow continues to reduce at historical rates of 7.5% each year