PTC Therapeutics Balance Sheet Health
Financial Health criteria checks 1/6
PTC Therapeutics has a total shareholder equity of $-818.6M and total debt of $2.1B, which brings its debt-to-equity ratio to -256.3%. Its total assets and total liabilities are $1.9B and $2.7B respectively.
Key information
-256.3%
Debt to equity ratio
US$2.10b
Debt
Interest coverage ratio | n/a |
Cash | US$876.74m |
Equity | -US$818.55m |
Total liabilities | US$2.71b |
Total assets | US$1.90b |
Recent financial health updates
Recent updates
PTC Therapeutics, Inc. (NASDAQ:PTCT) Surges 27% Yet Its Low P/S Is No Reason For Excitement
Mar 03PTC Therapeutics: Already Generates Revenues, But Lots Of Outstanding Options
Feb 11An Intrinsic Calculation For PTC Therapeutics, Inc. (NASDAQ:PTCT) Suggests It's 49% Undervalued
Jun 23Benign Growth For PTC Therapeutics, Inc. (NASDAQ:PTCT) Underpins Its Share Price
May 18An Intrinsic Calculation For PTC Therapeutics, Inc. (NASDAQ:PTCT) Suggests It's 49% Undervalued
Mar 02PTC pauses enrollment in mid-stage study for Huntington's disease candidate in U.S.
Oct 19PTC Therapeutics betas topline expectations, strengthens commercial portfolio
Aug 05PTC Therapeutics gene therapy Upstaza wins approval in EU for ultra-rare neuromuscular disorder
Jul 20PTC Therapeutics: DMD Trial News Unlikely To Restore Flagging Share Price
Jun 24Are PTC Therapeutics, Inc. (NASDAQ:PTCT) Investors Paying Above The Intrinsic Value?
May 27PTC Therapeutics: One Of The Leaders In The Treatment Of Rare Diseases
Apr 11Is Therapeutics (NASDAQ:PTCT) Using Debt Sensibly?
Feb 09PTC Therapeutics, Inc. (NASDAQ:PTCT) Shares Could Be 35% Below Their Intrinsic Value Estimate
Dec 27Financial Position Analysis
Short Term Liabilities: PTCT has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: PTCT 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: PTCT has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: PTCT'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: PTCT has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if PTCT has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.