Rezolute Balance Sheet Health
Financial Health criteria checks 6/6
Rezolute has a total shareholder equity of $70.9M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $87.7M and $16.9M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$80.02m |
Equity | US$70.86m |
Total liabilities | US$16.88m |
Total assets | US$87.74m |
Recent financial health updates
We Think Rezolute (NASDAQ:RZLT) Needs To Drive Business Growth Carefully
May 22Here's Why We're Watching Rezolute's (NASDAQ:RZLT) Cash Burn Situation
Jul 25We Think Rezolute (NASDAQ:RZLT) Can Afford To Drive Business Growth
Jan 31We're Keeping An Eye On Rezolute's (NASDAQ:RZLT) Cash Burn Rate
May 06Recent updates
We Think Rezolute (NASDAQ:RZLT) Needs To Drive Business Growth Carefully
May 22Rezolute, Inc. (NASDAQ:RZLT) Shares Could Be 31% Above Their Intrinsic Value Estimate
Feb 13Rezolute, Inc.'s (NASDAQ:RZLT) Intrinsic Value Is Potentially 65% Above Its Share Price
Sep 21Here's Why We're Watching Rezolute's (NASDAQ:RZLT) Cash Burn Situation
Jul 25We Think Rezolute (NASDAQ:RZLT) Can Afford To Drive Business Growth
Jan 31Rezolute GAAP EPS of -$0.37
Sep 15We're Keeping An Eye On Rezolute's (NASDAQ:RZLT) Cash Burn Rate
May 06Rezolute shares rise on positive topline results from RZ402 eye disease trial
May 04What Type Of Shareholders Make Up Rezolute, Inc.'s (NASDAQ:RZLT) Share Registry?
Jan 12Financial Position Analysis
Short Term Liabilities: RZLT's short term assets ($82.2M) exceed its short term liabilities ($7.0M).
Long Term Liabilities: RZLT's short term assets ($82.2M) exceed its long term liabilities ($9.9M).
Debt to Equity History and Analysis
Debt Level: RZLT is debt free.
Reducing Debt: RZLT has no debt compared to 5 years ago when its debt to equity ratio was 0.2%.
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: RZLT has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: RZLT has sufficient cash runway for 1.3 years if free cash flow continues to reduce at historical rates of 24.2% each year.