Vigil Neuroscience Balance Sheet Health
Financial Health criteria checks 6/6
Vigil Neuroscience has a total shareholder equity of $103.8M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $125.1M and $21.3M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$101.65m |
| Equity | US$103.78m |
| Total liabilities | US$21.30m |
| Total assets | US$125.08m |
Recent financial health updates
We're Keeping An Eye On Vigil Neuroscience's (NASDAQ:VIGL) Cash Burn Rate
May 30
Is Vigil Neuroscience (NASDAQ:VIGL) In A Good Position To Deliver On Growth Plans?
Feb 01Is Vigil Neuroscience (NASDAQ:VIGL) In A Good Position To Deliver On Growth Plans?
Oct 14Here's Why We're Not Too Worried About Vigil Neuroscience's (NASDAQ:VIGL) Cash Burn Situation
Jun 27Here's Why We're Not Too Worried About Vigil Neuroscience's (NASDAQ:VIGL) Cash Burn Situation
Mar 14Here's Why We're Not Too Worried About Vigil Neuroscience's (NASDAQ:VIGL) Cash Burn Situation
Nov 29Recent updates
We're Keeping An Eye On Vigil Neuroscience's (NASDAQ:VIGL) Cash Burn Rate
May 30Is Vigil Neuroscience (NASDAQ:VIGL) In A Good Position To Deliver On Growth Plans?
Feb 01Is Vigil Neuroscience (NASDAQ:VIGL) In A Good Position To Deliver On Growth Plans?
Oct 14Here's Why We're Not Too Worried About Vigil Neuroscience's (NASDAQ:VIGL) Cash Burn Situation
Jun 27Here's Why We're Not Too Worried About Vigil Neuroscience's (NASDAQ:VIGL) Cash Burn Situation
Mar 14Here's Why We're Not Too Worried About Vigil Neuroscience's (NASDAQ:VIGL) Cash Burn Situation
Nov 29Vigil draws bullish view at Wedbush on upcoming readout for lead asset
Sep 16Vigil Neuroscience announces $75M PIPE financing
Aug 12We're Hopeful That Vigil Neuroscience (NASDAQ:VIGL) Will Use Its Cash Wisely
Jul 25Is Vigil Neuroscience (NASDAQ:VIGL) In A Good Position To Invest In Growth?
Apr 10Financial Position Analysis
Short Term Liabilities: VIGL's short term assets ($106.5M) exceed its short term liabilities ($8.6M).
Long Term Liabilities: VIGL's short term assets ($106.5M) exceed its long term liabilities ($12.7M).
Debt to Equity History and Analysis
Debt Level: VIGL is debt free.
Reducing Debt: VIGL had no debt 5 years ago.
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: VIGL has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: VIGL has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of 29.5% each year.