Vistagen Therapeutics Balance Sheet Health
Financial Health criteria checks 6/6
Vistagen Therapeutics has a total shareholder equity of $93.0M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $102.5M and $9.5M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$97.58m |
| Equity | US$92.97m |
| Total liabilities | US$9.52m |
| Total assets | US$102.50m |
Recent financial health updates
We're Hopeful That Vistagen Therapeutics (NASDAQ:VTGN) Will Use Its Cash Wisely
Nov 15
Here's Why We're Not Too Worried About VistaGen Therapeutics' (NASDAQ:VTGN) Cash Burn Situation
Apr 10VistaGen Therapeutics (NASDAQ:VTGN) Is In A Strong Position To Grow Its Business
Jun 07Recent updates
We're Hopeful That Vistagen Therapeutics (NASDAQ:VTGN) Will Use Its Cash Wisely
Nov 15VistaGen to proceed with phase 3 anxiety nasal spray trial following interim analysis
Sep 08VistaGen drops 80% as late-stage study for anxiety therapy fails
Jul 22Here's Why We're Not Too Worried About VistaGen Therapeutics' (NASDAQ:VTGN) Cash Burn Situation
Apr 10VistaGen Therapeutics added to Russell 2000 Index
Jun 16VistaGen Therapeutics (NASDAQ:VTGN) Is In A Strong Position To Grow Its Business
Jun 07VistaGen initiates late-stage trial of PH94B in social anxiety disorder
May 26VistaGen names new chief commercial officer
May 04How Does VistaGen Therapeutics' (NASDAQ:VTGN) CEO Salary Compare to Peers?
Feb 16
VistaGen Therapeutics regains Nasdaq listing compliance
Jan 06VistaGen Therapeutics slumps in after hours trade on underwritten public offering
Dec 17Financial Position Analysis
Short Term Liabilities: VTGN's short term assets ($99.9M) exceed its short term liabilities ($7.5M).
Long Term Liabilities: VTGN's short term assets ($99.9M) exceed its long term liabilities ($2.0M).
Debt to Equity History and Analysis
Debt Level: VTGN is debt free.
Reducing Debt: VTGN has no debt compared to 5 years ago when its debt to equity ratio was 21.7%.
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: VTGN has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: VTGN has sufficient cash runway for 1.7 years if free cash flow continues to reduce at historical rates of 19.9% each year.