TScan Therapeutics Balance Sheet Health
Financial Health criteria checks 5/6
TScan Therapeutics has a total shareholder equity of $229.1M and total debt of $30.6M, which brings its debt-to-equity ratio to 13.4%. Its total assets and total liabilities are $348.0M and $118.9M respectively.
Key information
13.4%
Debt to equity ratio
US$30.65m
Debt
| Interest coverage ratio | n/a |
| Cash | US$271.12m |
| Equity | US$229.09m |
| Total liabilities | US$118.94m |
| Total assets | US$348.03m |
Recent financial health updates
Does TScan Therapeutics (NASDAQ:TCRX) Have A Healthy Balance Sheet?
Nov 06
Is TScan Therapeutics (NASDAQ:TCRX) Using Too Much Debt?
Feb 17Here's Why We're Watching TScan Therapeutics' (NASDAQ:TCRX) Cash Burn Situation
May 22Will TScan Therapeutics (NASDAQ:TCRX) Spend Its Cash Wisely?
Jan 17We're Keeping An Eye On TScan Therapeutics' (NASDAQ:TCRX) Cash Burn Rate
Oct 18Recent updates
Does TScan Therapeutics (NASDAQ:TCRX) Have A Healthy Balance Sheet?
Nov 06TScan Therapeutics: Speculative Buy With Near-Term Catalysts In Oncology
Aug 26Subdued Growth No Barrier To TScan Therapeutics, Inc.'s (NASDAQ:TCRX) Price
Mar 23Is TScan Therapeutics (NASDAQ:TCRX) Using Too Much Debt?
Feb 17TScan Therapeutics, Inc. (NASDAQ:TCRX) Just Reported, And Analysts Assigned A US$10.75 Price Target
Mar 11TScan Therapeutics GAAP EPS of -$0.63 beats by $0.13, revenue of $4.05M beats by $1.05M
Aug 10TScan Therapeutics appoints Debora Barton as Chief Medical Officer
Jul 07Here's Why We're Watching TScan Therapeutics' (NASDAQ:TCRX) Cash Burn Situation
May 22Will TScan Therapeutics (NASDAQ:TCRX) Spend Its Cash Wisely?
Jan 17We're Keeping An Eye On TScan Therapeutics' (NASDAQ:TCRX) Cash Burn Rate
Oct 18Financial Position Analysis
Short Term Liabilities: TCRX's short term assets ($274.1M) exceed its short term liabilities ($28.7M).
Long Term Liabilities: TCRX's short term assets ($274.1M) exceed its long term liabilities ($90.3M).
Debt to Equity History and Analysis
Debt Level: TCRX has more cash than its total debt.
Reducing Debt: Insufficient data to determine if TCRX's debt to equity ratio has reduced 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: TCRX has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: TCRX has sufficient cash runway for 2.4 years if free cash flow continues to reduce at historical rates of 28.5% each year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/08 01:18 |
| End of Day Share Price | 2025/01/08 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 * |
|---|---|---|---|
| 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
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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
TScan Therapeutics, Inc. is covered by 9 analysts. 6 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 |
|---|---|
| Peter Lawson | Barclays |
| Justin Zelin | BTIG |
| Andrew Fein | H.C. Wainwright & Co. |