Lexicon Pharmaceuticals Balance Sheet Health
Financial Health criteria checks 6/6
Lexicon Pharmaceuticals has a total shareholder equity of $288.9M and total debt of $99.9M, which brings its debt-to-equity ratio to 34.6%. Its total assets and total liabilities are $417.2M and $128.4M respectively.
Key information
34.6%
Debt to equity ratio
US$99.87m
Debt
| Interest coverage ratio | n/a |
| Cash | US$355.60m |
| Equity | US$288.87m |
| Total liabilities | US$128.35m |
| Total assets | US$417.22m |
Recent financial health updates
Here's Why Lexicon Pharmaceuticals (NASDAQ:LXRX) Can Manage Its Debt Despite Losing Money
Aug 08
Is Lexicon Pharmaceuticals (NASDAQ:LXRX) A Risky Investment?
Apr 25Does Lexicon Pharmaceuticals (NASDAQ:LXRX) Have A Healthy Balance Sheet?
Jan 04Recent updates
Lexicon Pharmaceuticals: Blue Sky Aplenty, Revenue Not So Much
May 28Lexicon Pharmaceuticals: Moving To Maximize The Value Of Its Core Asset
Mar 12Lexicon Pharmaceuticals Putting The Pieces Together, But Much Is Left To Do
Jan 26Here's Why Lexicon Pharmaceuticals (NASDAQ:LXRX) Can Manage Its Debt Despite Losing Money
Aug 08Is Lexicon Pharmaceuticals (NASDAQ:LXRX) A Risky Investment?
Apr 25Does Lexicon Pharmaceuticals (NASDAQ:LXRX) Have A Healthy Balance Sheet?
Jan 04Lexicon Pharma: Key Regulatory Event In May 2023
Oct 01Lexicon announces FDA review of heart failure therapy
Jul 27Lexicon Pharmaceuticals: Encouraging Signs Of Efficacy In Pain, But Still Looking For A Clear Win
Jul 13Lexicon Pharmaceuticals up 9% on mid-stage study for diabetic neuropathy drug
Jun 29Financial Position Analysis
Short Term Liabilities: LXRX's short term assets ($364.6M) exceed its short term liabilities ($23.4M).
Long Term Liabilities: LXRX's short term assets ($364.6M) exceed its long term liabilities ($105.0M).
Debt to Equity History and Analysis
Debt Level: LXRX has more cash than its total debt.
Reducing Debt: LXRX had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: LXRX has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: LXRX has sufficient cash runway for 1.4 years if free cash flow continues to reduce at historical rates of 9.9% each year.