Phio Pharmaceuticals Financial Health

Short Term Liabilities: PHIO's short term assets ($15.4M) exceed its short term liabilities ($2.2M).

Long Term Liabilities: PHIO's short term assets ($15.4M) exceed its long term liabilities ($70.0K).

Debt Level: PHIO is debt free.

Reducing Debt: PHIO had no debt 5 years ago.

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: PHIO has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: PHIO has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of 7.4% each year.

• Healthy companies in the Pharmaceuticals & Biotech industry.