Vaxart Balance Sheet Health
Financial Health criteria checks 5/6
Vaxart has a total shareholder equity of $68.4M and total debt of $4.9M, which brings its debt-to-equity ratio to 7.1%. Its total assets and total liabilities are $166.7M and $98.2M respectively.
Key information
7.1%
Debt to equity ratio
US$4.88m
Debt
| Interest coverage ratio | n/a |
| Cash | US$58.71m |
| Equity | US$68.44m |
| Total liabilities | US$98.23m |
| Total assets | US$166.67m |
Recent financial health updates
Here's Why Vaxart (NASDAQ:VXRT) Must Use Its Cash Wisely
Nov 08
Vaxart (NASDAQ:VXRT) Will Have To Spend Its Cash Wisely
Jun 30Recent updates
Investors Give Vaxart, Inc. (NASDAQ:VXRT) Shares A 29% Hiding
Nov 16There's Reason For Concern Over Vaxart, Inc.'s (NASDAQ:VXRT) Massive 39% Price Jump
Aug 20An Intrinsic Calculation For Vaxart, Inc. (NASDAQ:VXRT) Suggests It's 26% Undervalued
Jun 15Here's Why Vaxart (NASDAQ:VXRT) Must Use Its Cash Wisely
Nov 08Vaxart (NASDAQ:VXRT) Will Have To Spend Its Cash Wisely
Jun 30Vaxart: The Market Still Isn't Buying Oral Vaccine Thesis
Sep 09Ray Stapleton joins Vaxart as CTO
Aug 31Vaxart shareholders approve proposal to increase number of shares
Aug 05Vaxart continues to lobby shareholders to vote to increase number of shares
Jul 29Vaxart oral COVID-19 pill vaccine candidate induces long-lasting antibodies against SARS-CoV-2
Jul 20Vaxart says recent CRO agreement 'may be integral' to oral COVID vaccine success
Jul 07Vaxart: A Unique Vaccine Concern
Jun 14Vaxart: A Speculative Biotech With Potential As Covid-19 Play And Oral Vaccine Platform
Feb 26Vaxart: Investment Case For An Oral COVID Vaccine Not So Hard To Swallow
Dec 09Vaxart: Differentiated Covid Oral Route Remains Viable
Nov 16Vaxart: A Close Look At Their COVID-19 Oral Tablet Vaccine Program
Oct 30Financial Position Analysis
Short Term Liabilities: VXRT's short term assets ($66.5M) do not cover its short term liabilities ($80.4M).
Long Term Liabilities: VXRT's short term assets ($66.5M) exceed its long term liabilities ($17.9M).
Debt to Equity History and Analysis
Debt Level: VXRT has more cash than its total debt.
Reducing Debt: VXRT's debt to equity ratio has reduced from 98.4% to 7.1% 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: VXRT has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: VXRT has sufficient cash runway for 1 years if free cash flow continues to reduce at historical rates of 29.2% each year.