MeiraGTx Holdings Balance Sheet Health
Financial Health criteria checks 4/6
MeiraGTx Holdings has a total shareholder equity of $138.2M and total debt of $72.1M, which brings its debt-to-equity ratio to 52.2%. Its total assets and total liabilities are $326.7M and $188.6M respectively.
Key information
52.2%
Debt to equity ratio
US$72.12m
Debt
| Interest coverage ratio | n/a |
| Cash | US$129.57m |
| Equity | US$138.18m |
| Total liabilities | US$188.57m |
| Total assets | US$326.74m |
Recent financial health updates
Does MeiraGTx Holdings (NASDAQ:MGTX) Have A Healthy Balance Sheet?
Sep 08
MeiraGTx Holdings (NASDAQ:MGTX) Is In A Good Position To Deliver On Growth Plans
Apr 29MeiraGTx Holdings (NASDAQ:MGTX) Is In A Good Position To Deliver On Growth Plans
Dec 28Recent updates
MeiraGTx: Bota-Vec Program Advancing With Milestones Being Met
Feb 15Does MeiraGTx Holdings (NASDAQ:MGTX) Have A Healthy Balance Sheet?
Sep 08Calculating The Intrinsic Value Of MeiraGTx Holdings plc (NASDAQ:MGTX)
Apr 11MeiraGTx Holdings plc (NASDAQ:MGTX) Analysts Are Reducing Their Forecasts For This Year
Mar 16MeiraGTx Holdings plc (NASDAQ:MGTX) Analysts Are More Bearish Than They Used To Be
Nov 16MeiraGTx GAAP EPS of -$0.76, revenue of $10.76M
Aug 11MeiraGTx inks $100M debt agreement backed by manufacturing facilities
Aug 03MeiraGTx Holdings (NASDAQ:MGTX) Is In A Good Position To Deliver On Growth Plans
Apr 29Analysts' Revenue Estimates For MeiraGTx Holdings plc (NASDAQ:MGTX) Are Surging Higher
Mar 15MeiraGTx: Perceptive's Large Stake Makes It Interesting
Jan 19MeiraGTx Holdings (NASDAQ:MGTX) Is In A Good Position To Deliver On Growth Plans
Dec 28MeiraGTx: Novel Riboswitch Technology Could Add Value
Nov 01Shareholders Will Probably Hold Off On Increasing MeiraGTx Holdings plc's (NASDAQ:MGTX) CEO Compensation For The Time Being
Jun 05MeiraGTx Holdings'(NASDAQ:MGTX) Share Price Is Down 11% Over The Past Year.
Feb 22Is MeiraGTx Holdings plc (NASDAQ:MGTX) Popular Amongst Insiders?
Jan 18
Financial Position Analysis
Short Term Liabilities: MGTX's short term assets ($159.6M) exceed its short term liabilities ($67.1M).
Long Term Liabilities: MGTX's short term assets ($159.6M) exceed its long term liabilities ($121.5M).
Debt to Equity History and Analysis
Debt Level: MGTX has more cash than its total debt.
Reducing Debt: MGTX's debt to equity ratio has increased from 0% to 52.2% 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: MGTX has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: MGTX has less than a year of cash runway if free cash flow continues to reduce at historical rates of 27.1% each year