Exicure Balance Sheet Health

Financial Health criteria checks 1/6

Exicure has a total shareholder equity of $1.6M and total debt of $1,000.0K, which brings its debt-to-equity ratio to 62%. Its total assets and total liabilities are $10.7M and $9.1M respectively.

Key information

62.0%

Debt to equity ratio

US$1.00m

Debt

Interest coverage ration/a
CashUS$528.00k
EquityUS$1.61m
Total liabilitiesUS$9.08m
Total assetsUS$10.69m

Recent financial health updates

Recent updates

Little Excitement Around Exicure, Inc.'s (NASDAQ:XCUR) Revenues As Shares Take 25% Pounding

Aug 29
Little Excitement Around Exicure, Inc.'s (NASDAQ:XCUR) Revenues As Shares Take 25% Pounding

Exicure to get $5.4M equity financing, reduce workforce & end R&D, preclinical activities

Sep 26

Exicure Q2 GAAP loss per share narrows, revenue up

Aug 15

Exicure regains compliance with Nasdaq's minimum bid price requirement

Jul 20

Exicure slides 31% as it implements reverse-stock-split to get back Nasdaq compliance

Jun 29

Does Exicure (NASDAQ:XCUR) Have A Healthy Balance Sheet?

Aug 25
Does Exicure (NASDAQ:XCUR) Have A Healthy Balance Sheet?

Does Exicure (NASDAQ:XCUR) Have A Healthy Balance Sheet?

Mar 10
Does Exicure (NASDAQ:XCUR) Have A Healthy Balance Sheet?

Financial Position Analysis

Short Term Liabilities: XCUR's short term assets ($2.1M) do not cover its short term liabilities ($3.4M).

Long Term Liabilities: XCUR's short term assets ($2.1M) do not cover its long term liabilities ($5.6M).


Debt to Equity History and Analysis

Debt Level: XCUR's net debt to equity ratio (29.3%) is considered satisfactory.

Reducing Debt: XCUR's debt to equity ratio has increased from 42.7% to 62% 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: XCUR has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: XCUR has less than a year of cash runway if free cash flow continues to reduce at historical rates of 1.9% each year


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