IVERIC bio Balance Sheet Health
Financial Health criteria checks 5/6
IVERIC bio has a total shareholder equity of $477.0M and total debt of $97.0M, which brings its debt-to-equity ratio to 20.3%. Its total assets and total liabilities are $613.4M and $136.4M respectively.
Key information
20.3%
Debt to equity ratio
US$96.99m
Debt
| Interest coverage ratio | n/a |
| Cash | US$599.92m |
| Equity | US$477.05m |
| Total liabilities | US$136.36m |
| Total assets | US$613.41m |
Recent financial health updates
Recent updates
Iveric drives Apellis lower as Street reacts to Phase 3 data for GA candidate
Sep 06IVERIC bio Q2 2022 Earnings Preview
Jul 25Iveric bio pay DelSiTech €1.25M upfront to develop new formulations of eye disorder drug Zimura
Jul 05IVERIC bio: A First Take
Jun 23Apellis' Loss Is Iveric Bio's Gain In Lucrative Eye Disease Field
Sep 16IVERIC bio discusses GATHER2 enrollment and retention updates and new GATHER1 post-hoc analyses
Jun 18IVERIC bio EPS misses by $0.04
May 05IVERIC bio EPS misses by $0.05
Nov 02Financial Position Analysis
Short Term Liabilities: ISEE's short term assets ($611.5M) exceed its short term liabilities ($39.4M).
Long Term Liabilities: ISEE's short term assets ($611.5M) exceed its long term liabilities ($97.0M).
Debt to Equity History and Analysis
Debt Level: ISEE has more cash than its total debt.
Reducing Debt: ISEE's debt to equity ratio has reduced from 445.2% to 20.3% over the 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: ISEE has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if ISEE has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/07/12 18:00 |
| End of Day Share Price | 2023/07/10 00:00 |
| Earnings | 2023/03/31 |
| Annual Earnings | 2022/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
IVERIC bio, Inc. is covered by 16 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Yuan Zhi | B. Riley Securities, Inc. |
| Ling Wang | BTIG |
| Gbolahan Amusa Benz | Chardan Capital Markets, LLC |