Novavax Balance Sheet Health
Financial Health criteria checks 0/6
Novavax has a total shareholder equity of $-716.9M and total debt of $168.0M, which brings its debt-to-equity ratio to -23.4%. Its total assets and total liabilities are $1.8B and $2.5B respectively.
Key information
-23.4%
Debt to equity ratio
US$168.02m
Debt
| Interest coverage ratio | n/a |
| Cash | US$568.51m |
| Equity | -US$716.93m |
| Total liabilities | US$2.51b |
| Total assets | US$1.80b |
Recent financial health updates
No updates
Recent updates
Novavax: Another Day Older And Deeper In
Mar 02Novavax, Inc.'s (NASDAQ:NVAX) Shares Bounce 35% But Its Business Still Trails The Industry
Mar 02
Earnings Update: Here's Why Analysts Just Lifted Their Novavax, Inc. (NASDAQ:NVAX) Price Target To US$22.00
Mar 01Novavax Q4 Earnings Preview: Settlement With Gavi Doesn't Solve Problems
Feb 23Investors Don't See Light At End Of Novavax, Inc.'s (NASDAQ:NVAX) Tunnel
Sep 06Time To Worry? Analysts Just Downgraded Their Novavax, Inc. (NASDAQ:NVAX) Outlook
Mar 05COVID-19 remains global health emergency - WHO
Oct 19Financial Position Analysis
Short Term Liabilities: NVAX has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: NVAX has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: NVAX has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: NVAX's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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: NVAX has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if NVAX has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.