Lipocine Balance Sheet Health
Financial Health criteria checks 6/6
Lipocine has a total shareholder equity of $19.1M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $20.7M and $1.6M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$19.82m |
| Equity | US$19.12m |
| Total liabilities | US$1.58m |
| Total assets | US$20.70m |
Recent financial health updates
Does Lipocine (NASDAQ:LPCN) Have A Healthy Balance Sheet?
Feb 22
Is Lipocine (NASDAQ:LPCN) Using Debt Sensibly?
Sep 14Lipocine (NASDAQ:LPCN) Has Debt But No Earnings; Should You Worry?
Dec 04
Recent updates
Lipocine announces plans to focus on treating CNS disorders, shares rise ~5%
Sep 26Does Lipocine (NASDAQ:LPCN) Have A Healthy Balance Sheet?
Feb 22Is Lipocine (NASDAQ:LPCN) Using Debt Sensibly?
Sep 14Lipocine soars 9% on FDA greenlight for Phase 2 LPCN 1154 study in postpartum depression
Jun 14Lipocine competitor prevails in patent infringement lawsuit for Jatenzo
May 26When Will Lipocine Inc. (NASDAQ:LPCN) Turn A Profit?
May 11Lipocine EPS beats by $0.01
May 06Lipocine Inc. (NASDAQ:LPCN): Are Analysts Optimistic?
Jan 26Lipocine announces positive results from phase 2biopsy-confirmed NASH study
Jan 12FDA Ok's Lipocine's testosterone replacement therapy, tentatively
Dec 09Lipocine (NASDAQ:LPCN) Has Debt But No Earnings; Should You Worry?
Dec 04Lipocine EPS misses by $0.01
Nov 10Lipocine: TLANDO Might Become A Potential TRT Option In Patients With COVID-19 Infection
Nov 06Financial Position Analysis
Short Term Liabilities: LPCN's short term assets ($20.5M) exceed its short term liabilities ($1.6M).
Long Term Liabilities: LPCN has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: LPCN is debt free.
Reducing Debt: LPCN has no debt compared to 5 years ago when its debt to equity ratio was 105.7%.
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: LPCN has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: LPCN has sufficient cash runway for 2.9 years if free cash flow continues to grow at historical rates of 10.3% each year.