MeiraGTx Holdings Balance Sheet Health
Financial Health criteria checks 4/6
MeiraGTx Holdings has a total shareholder equity of $80.0M and total debt of $72.7M, which brings its debt-to-equity ratio to 90.8%. Its total assets and total liabilities are $266.7M and $186.6M respectively.
Key information
90.8%
Debt to equity ratio
US$72.67m
Debt
| Interest coverage ratio | n/a |
| Cash | US$99.97m |
| Equity | US$80.04m |
| Total liabilities | US$186.61m |
| Total assets | US$266.65m |
Recent financial health updates
MeiraGTx Holdings (NASDAQ:MGTX) Has Debt But No Earnings; Should You Worry?
Jun 19
Does MeiraGTx Holdings (NASDAQ:MGTX) Have A Healthy Balance Sheet?
Sep 08MeiraGTx 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: Positive PD Data Moves Needle Forward For Regulatory Meetings
Oct 15MeiraGTx: A Very Attractive Longer-Term Play, With Potential Near-Term Catalysts
Jul 15MeiraGTx Holdings (NASDAQ:MGTX) Has Debt But No Earnings; Should You Worry?
Jun 19MeiraGTx: 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 28Financial Position Analysis
Short Term Liabilities: MGTX's short term assets ($110.8M) exceed its short term liabilities ($47.0M).
Long Term Liabilities: MGTX's short term assets ($110.8M) do not cover its long term liabilities ($139.6M).
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 90.8% 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 11 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: MGTX is forecast to have sufficient cash runway for 11 months based on free cash flow estimates, but has since raised additional capital.