Synaptogenix Balance Sheet Health
Financial Health criteria checks 6/6
Synaptogenix has a total shareholder equity of $25.6M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $31.1M and $5.5M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$30.10m |
| Equity | US$25.58m |
| Total liabilities | US$5.53m |
| Total assets | US$31.11m |
Recent financial health updates
We Think Synaptogenix (NASDAQ:SNPX) Can Afford To Drive Business Growth
Sep 20
Companies Like Synaptogenix (NASDAQ:SNPX) Are In A Position To Invest In Growth
May 10Synaptogenix (NASDAQ:SNPX) Is In A Good Position To Deliver On Growth Plans
Oct 05We're Keeping An Eye On Synaptogenix's (NASDAQ:SNPX) Cash Burn Rate
Jun 09Recent updates
We Think Synaptogenix (NASDAQ:SNPX) Can Afford To Drive Business Growth
Sep 20Companies Like Synaptogenix (NASDAQ:SNPX) Are In A Position To Invest In Growth
May 10Synaptogenix: High-Risk High-Reward For Potential Alzheimer's Disease Treatment
Nov 17Synaptogenix (NASDAQ:SNPX) Is In A Good Position To Deliver On Growth Plans
Oct 05Synaptogenix: The Next Big Thing In Alzheimer's
Jun 16Synaptogenix provides update on phase 2b Alzheimer's disease trial
Jun 09We're Keeping An Eye On Synaptogenix's (NASDAQ:SNPX) Cash Burn Rate
Jun 09Financial Position Analysis
Short Term Liabilities: SNPX's short term assets ($30.5M) exceed its short term liabilities ($4.3M).
Long Term Liabilities: SNPX's short term assets ($30.5M) exceed its long term liabilities ($1.3M).
Debt to Equity History and Analysis
Debt Level: SNPX is debt free.
Reducing Debt: SNPX 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: SNPX has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: SNPX has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 7.9% each year