NextCure Balance Sheet Health
Financial Health criteria checks 6/6
NextCure has a total shareholder equity of $114.4M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $128.0M and $13.6M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$108.30m |
| Equity | US$114.42m |
| Total liabilities | US$13.62m |
| Total assets | US$128.04m |
Recent financial health updates
We're Keeping An Eye On NextCure's (NASDAQ:NXTC) Cash Burn Rate
Mar 23
We're Keeping An Eye On NextCure's (NASDAQ:NXTC) Cash Burn Rate
Dec 09Will NextCure (NASDAQ:NXTC) Spend Its Cash Wisely?
Aug 23Is NextCure (NASDAQ:NXTC) In A Good Position To Deliver On Growth Plans?
May 10We're Keeping An Eye On NextCure's (NASDAQ:NXTC) Cash Burn Rate
Nov 22We're Not Very Worried About NextCure's (NASDAQ:NXTC) Cash Burn Rate
May 02Recent updates
We're Keeping An Eye On NextCure's (NASDAQ:NXTC) Cash Burn Rate
Mar 23We're Keeping An Eye On NextCure's (NASDAQ:NXTC) Cash Burn Rate
Dec 09Will NextCure (NASDAQ:NXTC) Spend Its Cash Wisely?
Aug 23Is NextCure (NASDAQ:NXTC) In A Good Position To Deliver On Growth Plans?
May 10We're Keeping An Eye On NextCure's (NASDAQ:NXTC) Cash Burn Rate
Nov 22Estimating The Intrinsic Value Of NextCure, Inc. (NASDAQ:NXTC)
Aug 09NextCure GAAP EPS of -$0.59
Aug 04We're Not Very Worried About NextCure's (NASDAQ:NXTC) Cash Burn Rate
May 02NextCure: Large Upside With Downside Protected By Cash Pile
Sep 29NextCure (NXTC) Presents at 7th Annual Truist Securities Life Sciences Summit - Slideshow
May 10NextCure EPS misses by $0.01
May 06Here's What NextCure, Inc.'s (NASDAQ:NXTC) Shareholder Ownership Structure Looks Like
Feb 12NextCure's (NASDAQ:NXTC) Shareholders Are Down 80% On Their Shares
Jan 08NextCure provides update on NC318 clinical program
Dec 17Financial Position Analysis
Short Term Liabilities: NXTC's short term assets ($112.7M) exceed its short term liabilities ($6.9M).
Long Term Liabilities: NXTC's short term assets ($112.7M) exceed its long term liabilities ($6.7M).
Debt to Equity History and Analysis
Debt Level: NXTC is debt free.
Reducing Debt: NXTC has no debt compared to 5 years ago when its debt to equity ratio was 0.4%.
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: NXTC has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: NXTC has sufficient cash runway for 2 years if free cash flow continues to reduce at historical rates of 23.1% each year.