Sagimet Biosciences Balance Sheet Health
Financial Health criteria checks 6/6
Sagimet Biosciences has a total shareholder equity of $91.1M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $96.7M and $5.7M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$94.90m |
Equity | US$91.07m |
Total liabilities | US$5.65m |
Total assets | US$96.72m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: SGMT's short term assets ($96.6M) exceed its short term liabilities ($5.7M).
Long Term Liabilities: SGMT has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: SGMT is debt free.
Reducing Debt: SGMT has not had any debt for 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: SGMT has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: SGMT has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 20.3% each year