Onconetix, Inc.

NasdaqCM:ONCO Stock Report

Market Cap: US$2.5m

Onconetix Balance Sheet Health

Financial Health criteria checks 5/6

Onconetix has a total shareholder equity of $13.5M and total debt of $150.4K, which brings its debt-to-equity ratio to 1.1%. Its total assets and total liabilities are $16.4M and $3.0M respectively.

Key information

1.12%

Debt to equity ratio

US$150.39k

Debt

Interest coverage ration/a
CashUS$5.94m
EquityUS$13.47m
Total liabilitiesUS$2.96m
Total assetsUS$16.43m

Recent financial health updates

Recent updates

Analysis Article • Jan 24

Here's Why We're Not Too Worried About Blue Water Vaccines' (NASDAQ:BWV) Cash Burn Situation

We can readily understand why investors are attracted to unprofitable companies. For example, although Amazon.com made...
Seeking Alpha • Oct 11

Blue Water plans to evaluate BWV-201 vaccine for pneumococcal pneumonia

Blue Water Vaccines (NASDAQ:BWV) said it plans to evaluate BWV-201, its Streptococcus pneumoniae ((SP) vaccine candidate to prevent acute otitis media (AOM), to also protect against non-invasive pneumococcal pneumonia. Otitis media is inflammation in the middle ear. SP are gram-positive anaerobic bacteria. Non-invasive forms of pneumococcal disease include AOM, sinusitis, and pneumococcal pneumonia, while invasive forms include bacteremia, sepsis, and pneumococcal meningitis, the company said in an Oct. 11 press release. Blue Water noted that BWV-201 is a live attenuated bacterial vaccine candidate developed to prevent AOM in children caused by SP. New data, based on experiments at St. Jude Children’s Research Hospital, suggested that BWV-201 may also provide protection against pneumococcal pneumonia by limiting the ability of SP to infect the lungs. "With this new data, we believe our vaccine can provide protection across all Streptococcus pneumoniae strains and eliminate the need for antibiotic treatment associated with pneumococcal pneumonia," said Blue Water Chairman and CEO Joseph Hernandez.
Seeking Alpha • Aug 17

Blue Water Vaccines stock jumps ~22% premarket on plans to develop monkeypox shot

U.S. vaccine maker Blue Water Vaccines (NASDAQ:BWV) on Wednesday said it plans to potentially develop a monkeypox shot using its technology, sending its shares surging 22.4% to $3.12 in premarket trading. Cincinnati, Ohio.-based BWV said it would develop the vaccine using its norovirus shell and protrusion virus-like particle platform. The company is already using the platform to develop vaccines for multiple diseases, including flu and malaria. Blue Water's (BWV) announcement comes at a time when the current monkeypox outbreak has been declared a public emergency by both the U.S. FDA and the World Health Organization. According to the U.S. Centers for Disease Control and Prevention, there are a total of about 12.7K confirmed monkeypox cases as of Aug. 16 across the country. The U.S. is using two vaccines for the prevention of monkeypox - Bavarian Nordic's (OTCPK:BVNKF) (OTCPK:BVNRY) Jynneos shot and Sanofi's (SNY) ACAM2000 shot. Other vaccine developers targeting monkeypox: Emergent BioSolutions (EBS), Chimerix (CMRX).
Seeking Alpha • Jul 20

Blue Water Vaccines in pact to study Alzheimer’s vaccine

Newly IPO’d biotech Blue Water Vaccines (NASDAQ:BWV) announced a sponsored research agreement with Cincinnati Children’s Hospital Medical Center on Wednesday to study vaccine candidates for conditions such as Alzheimer’s. The news sent company shares more than 11% higher in late trading. In July 2021, Cincinnati Children’s and Blue Water Vaccines (BWV) inked a global licensing agreement to jointly develop vaccines targeted at multiple indications using the Medical Center's virus-like particle (VLP) vaccine platform. Under the previous agreement, the parties have led studies for BWV-301 in gastroenteritis caused by norovirus or rotavirus. With the new partnership, Blue Water Vaccines (BWV) has agreed to fund studies to explore the potential of the platform in other conditions such as influenza and Alzheimer’s disease. Since its public debut in February, the Cincinnati, Ohio-based vaccine developer has lost ~97%, as shown in this graph.
Seeking Alpha • May 17

Blue Water Vaccines: Estimates And Expectations

Blue Water Vaccines has a long road ahead of it. The company has multiple drug candidates in its pipeline but has not yet started clinical trials. Getting any particular vaccine through phase 3 trials will likely cost at least $40mm and take at least six years. On the positive side, vaccines have one of the highest approval probabilities of any type of drug. The expected value of an investment today is positive, but the odds of success are only about 33%.

Financial Position Analysis

Short Term Liabilities: ONCO's short term assets ($6.5M) exceed its short term liabilities ($2.9M).

Long Term Liabilities: ONCO's short term assets ($6.5M) exceed its long term liabilities ($14.0K).

Debt to Equity History and Analysis

Debt Level: ONCO has more cash than its total debt.

Reducing Debt: ONCO's debt to equity ratio has increased from 0% to 1.1% 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: ONCO has sufficient cash runway for 7 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: ONCO is forecast to have sufficient cash runway for 5 months based on free cash flow estimates, but has since raised additional capital.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/21 08:23
End of Day Share Price 2026/09/18 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Onconetix, Inc. is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Vernon BernardinoH.C. Wainwright & Co.
Jason McCarthyMaxim Group