Soligenix Balance Sheet Health
Financial Health criteria checks 5/6
Soligenix has a total shareholder equity of $5.9M and total debt of $2.1M, which brings its debt-to-equity ratio to 34.7%. Its total assets and total liabilities are $10.5M and $4.5M respectively.
Key information
34.7%
Debt to equity ratio
US$2.06m
Debt
Interest coverage ratio | n/a |
Cash | US$9.84m |
Equity | US$5.94m |
Total liabilities | US$4.54m |
Total assets | US$10.48m |
Recent financial health updates
Is Soligenix (NASDAQ:SNGX) Using Debt Sensibly?
Sep 06Is Soligenix (NASDAQ:SNGX) Using Debt Sensibly?
Apr 22Is Soligenix (NASDAQ:SNGX) Using Too Much Debt?
Jan 03Recent updates
Soligenix: A Biotech Bargain Ready To File For Approval In Cutaneous T-Cell Lymphoma
Oct 05U.S. FDA awards $2.6M grant for expanded study of Soligenix's HyBryte for skin cancer
Sep 12Soligenix announces $2.6M FDA grant to further study blood cancer candidate
Sep 06Is Soligenix (NASDAQ:SNGX) Using Debt Sensibly?
Sep 06Soligenix GAAP EPS of -$0.06 beats by $0.03, revenue of $0.4M beats by $0.2M
Aug 12Soligenix, SERB Pharma team up to develop therapy for ricin poisoning
Jul 25Is Soligenix (NASDAQ:SNGX) Using Debt Sensibly?
Apr 22Is Soligenix (NASDAQ:SNGX) Using Too Much Debt?
Jan 03Shareholders May Find It Hard To Justify Increasing Soligenix, Inc.'s (NASDAQ:SNGX) CEO Compensation For Now
Sep 17Health Check: How Prudently Does Soligenix (NASDAQ:SNGX) Use Debt?
Aug 30Is Soligenix (NASDAQ:SNGX) Weighed On By Its Debt Load?
May 08What Type Of Returns Would Soligenix's(NASDAQ:SNGX) Shareholders Have Earned If They Purchased Their SharesFive Years Ago?
Mar 16Financial Position Analysis
Short Term Liabilities: SNGX's short term assets ($10.3M) exceed its short term liabilities ($4.5M).
Long Term Liabilities: SNGX's short term assets ($10.3M) exceed its long term liabilities ($11.5K).
Debt to Equity History and Analysis
Debt Level: SNGX has more cash than its total debt.
Reducing Debt: SNGX's debt to equity ratio has increased from 0% to 34.7% over the 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: SNGX has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: SNGX has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of 4% each year.
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Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2024/12/23 13:57 |
End of Day Share Price | 2024/12/23 00:00 |
Earnings | 2024/09/30 |
Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
Package | Data | Timeframe | Example US Source * |
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Company Financials | 10 years |
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Analyst Consensus Estimates | +3 years |
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Market Prices | 30 years |
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Ownership | 10 years |
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Management | 10 years |
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Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Soligenix, Inc. is covered by 7 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
Analyst | Institution |
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Robert LeBoyer | Aegis Capital Corporation |
James Molloy | Alliance Global Partners |
Jonathan Aschoff | Brean Capital |