Solid Biosciences Balance Sheet Health
Financial Health criteria checks 6/6
Solid Biosciences has a total shareholder equity of $167.0M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $211.8M and $44.8M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$171.12m |
Equity | US$167.02m |
Total liabilities | US$44.80m |
Total assets | US$211.83m |
Recent financial health updates
Is Solid Biosciences (NASDAQ:SLDB) In A Good Position To Invest In Growth?
Nov 16We Think Solid Biosciences (NASDAQ:SLDB) Can Afford To Drive Business Growth
Jul 26We're Keeping An Eye On Solid Biosciences' (NASDAQ:SLDB) Cash Burn Rate
Mar 17Solid Biosciences (NASDAQ:SLDB) Is In A Good Position To Deliver On Growth Plans
Oct 28We're Not Very Worried About Solid Biosciences' (NASDAQ:SLDB) Cash Burn Rate
Jul 13Recent updates
Is Solid Biosciences (NASDAQ:SLDB) In A Good Position To Invest In Growth?
Nov 16We Think Solid Biosciences (NASDAQ:SLDB) Can Afford To Drive Business Growth
Jul 26Buy Solid Biosciences: Unpacking Its Main Value Driver
Apr 10Solid Biosciences: DMD Treatment Advancement With Next-Generation Capsid
Jan 17Solid Biosciences to acquire gene therapy company AavantiBio
Sep 30Analysts Have Lowered Expectations For Solid Biosciences Inc. (NASDAQ:SLDB) After Its Latest Results
Apr 30Some Analysts Just Cut Their Solid Biosciences Inc. (NASDAQ:SLDB) Estimates
Apr 28We're Keeping An Eye On Solid Biosciences' (NASDAQ:SLDB) Cash Burn Rate
Mar 17Solid Biosciences (NASDAQ:SLDB) Is In A Good Position To Deliver On Growth Plans
Oct 28We're Not Very Worried About Solid Biosciences' (NASDAQ:SLDB) Cash Burn Rate
Jul 13We're Hopeful That Solid Biosciences (NASDAQ:SLDB) Will Use Its Cash Wisely
Mar 17Soild Bio sinks 13% after Sarepta data misses goal
Jan 08Solid Biosciences launches $90M private placement
Dec 11Solid Biosciences: Does Not Look Like A Solid Investment Given Its Unsatisfactory Trial Data
Nov 10Financial Position Analysis
Short Term Liabilities: SLDB's short term assets ($179.5M) exceed its short term liabilities ($22.9M).
Long Term Liabilities: SLDB's short term assets ($179.5M) exceed its long term liabilities ($22.0M).
Debt to Equity History and Analysis
Debt Level: SLDB is debt free.
Reducing Debt: SLDB 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: SLDB has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: SLDB has sufficient cash runway for 1.2 years if free cash flow continues to reduce at historical rates of 3.3% each year.