Nuvation Bio Balance Sheet Health
Financial Health criteria checks 5/6
Nuvation Bio has a total shareholder equity of $532.1M and total debt of $11.6M, which brings its debt-to-equity ratio to 2.2%. Its total assets and total liabilities are $594.8M and $62.7M respectively.
Key information
2.2%
Debt to equity ratio
US$11.63m
Debt
| Interest coverage ratio | n/a |
| Cash | US$577.17m |
| Equity | US$532.13m |
| Total liabilities | US$62.67m |
| Total assets | US$594.80m |
Recent financial health updates
Is Nuvation Bio (NYSE:NUVB) A Risky Investment?
Aug 07
We Think Nuvation Bio (NYSE:NUVB) Can Afford To Drive Business Growth
Sep 14We're Hopeful That Nuvation Bio (NYSE:NUVB) Will Use Its Cash Wisely
Feb 10We Think Nuvation Bio (NYSE:NUVB) Can Afford To Drive Business Growth
Nov 09Recent updates
Nuvation Bio: Continuing To Justify A Buy Thesis With Catalysts In 2024
Aug 08Is Nuvation Bio (NYSE:NUVB) A Risky Investment?
Aug 07Nuvation Bio: A Potentially Transformative Acquisition
Jun 20Nuvation Bio: Strong Buy Off The Acquisition Of A Late-Stage Lung Cancer Candidate
Mar 31Nuvation: Cash Is King, Science Is An Afterthought
Oct 03We Think Nuvation Bio (NYSE:NUVB) Can Afford To Drive Business Growth
Sep 14Seth Klarman's Baupost adds Herbalife, Altice USA, exits Dropbox, Enhabit
Feb 14We're Hopeful That Nuvation Bio (NYSE:NUVB) Will Use Its Cash Wisely
Feb 10We Think Nuvation Bio (NYSE:NUVB) Can Afford To Drive Business Growth
Nov 09Nuvation Bio GAAP EPS of -$0.12 beats by $0.02
Nov 03Financial Position Analysis
Short Term Liabilities: NUVB's short term assets ($587.2M) exceed its short term liabilities ($51.1M).
Long Term Liabilities: NUVB's short term assets ($587.2M) exceed its long term liabilities ($11.6M).
Debt to Equity History and Analysis
Debt Level: NUVB has more cash than its total debt.
Reducing Debt: NUVB's debt to equity ratio has increased from 0.5% to 2.2% 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: NUVB has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: NUVB has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 24.6% each year