Vigil Neuroscience Balance Sheet Health
Financial Health criteria checks 5/6
Vigil Neuroscience has a total shareholder equity of $85.3M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $108.5M and $23.2M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$86.67m |
| Equity | US$85.27m |
| Total liabilities | US$23.19m |
| Total assets | US$108.46m |
Recent financial health updates
We Think Vigil Neuroscience (NASDAQ:VIGL) Needs To Drive Business Growth Carefully
Oct 17
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 14Recent updates
We Think Vigil Neuroscience (NASDAQ:VIGL) Needs To Drive Business Growth Carefully
Oct 17We'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 ($90.2M) exceed its short term liabilities ($10.8M).
Long Term Liabilities: VIGL's short term assets ($90.2M) exceed its long term liabilities ($12.4M).
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 less than a year of cash runway if free cash flow continues to reduce at historical rates of 25.7% each year