Societal CDMO Balance Sheet Health
Financial Health criteria checks 3/6
Societal CDMO has a total shareholder equity of $58.7M and total debt of $37.1M, which brings its debt-to-equity ratio to 63.2%. Its total assets and total liabilities are $153.5M and $94.8M respectively.
Key information
63.2%
Debt to equity ratio
US$37.10m
Debt
| Interest coverage ratio | n/a |
| Cash | US$8.10m |
| Equity | US$58.66m |
| Total liabilities | US$94.81m |
| Total assets | US$153.47m |
Recent financial health updates
Is Societal CDMO (NASDAQ:SCTL) Weighed On By Its Debt Load?
Dec 23
Does Societal CDMO (NASDAQ:SCTL) Have A Healthy Balance Sheet?
May 31These 4 Measures Indicate That Societal CDMO (NASDAQ:SCTL) Is Using Debt Extensively
Apr 29Recent updates
Societal CDMO, Inc.'s (NASDAQ:SCTL) Price Is Right But Growth Is Lacking After Shares Rocket 38%
Feb 10Is There An Opportunity With Societal CDMO, Inc.'s (NASDAQ:SCTL) 46% Undervaluation?
Feb 02Is Societal CDMO (NASDAQ:SCTL) Weighed On By Its Debt Load?
Dec 23Does Societal CDMO (NASDAQ:SCTL) Have A Healthy Balance Sheet?
May 31Societal CDMO signs two CDMO service agreements
Oct 20Societal stock soars 20% on signing 2 manufacturing contracts
Sep 07Societal CDMO estimates to receive up to $50M on real estates' sales
Aug 16Societal CDMO, Lannett amend license and supply deal
Jul 12These 4 Measures Indicate That Societal CDMO (NASDAQ:SCTL) Is Using Debt Extensively
Apr 29Is Recro Pharma (NASDAQ:REPH) A Risky Investment?
Jan 06Recro Pharma jumps 15% on Q1 result estimates beat
May 07Would Shareholders Who Purchased Recro Pharma's (NASDAQ:REPH) Stock Year Be Happy With The Share price Today?
Feb 15
Financial Position Analysis
Short Term Liabilities: SCTL's short term assets ($53.5M) exceed its short term liabilities ($50.0M).
Long Term Liabilities: SCTL's short term assets ($53.5M) exceed its long term liabilities ($44.8M).
Debt to Equity History and Analysis
Debt Level: SCTL's net debt to equity ratio (49.4%) is considered high.
Reducing Debt: SCTL had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: SCTL has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if SCTL has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.