Acer Therapeutics Balance Sheet Health
Financial Health criteria checks 0/6
Acer Therapeutics has a total shareholder equity of $-33.2M and total debt of $32.1M, which brings its debt-to-equity ratio to -96.4%. Its total assets and total liabilities are $14.6M and $47.9M respectively.
Key information
-96.4%
Debt to equity ratio
US$32.07m
Debt
| Interest coverage ratio | n/a |
| Cash | US$1.55m |
| Equity | -US$33.25m |
| Total liabilities | US$47.89m |
| Total assets | US$14.65m |
Recent financial health updates
Recent updates
Acer Therapeutics to develop ACER-801 for post-traumatic stress disorder treatment
Oct 05Acer, Relief's metabolic disorder therapy ACER-001 gets orphan drug status in EU
Aug 12FDA accepts Acer's resubmitted U.S. marketing application for urea cycle disorder therapy
Jul 28Acer resubmits U.S. marketing application for urea cycle disorder therapy
Jul 18Companies Like Acer Therapeutics (NASDAQ:ACER) Can Afford To Invest In Growth
Feb 11
Acer Therapeutics: Deriving Value By Developing Therapies For Rare Diseases
Aug 31We're Not Very Worried About Acer Therapeutics' (NASDAQ:ACER) Cash Burn Rate
May 20Need To Know: Acer Therapeutics Inc. (NASDAQ:ACER) Insiders Have Been Buying Shares
Feb 25Acer Therapeutics completes enrollment in ACER-001 bioequivalence trial for urea cycle disorders
Dec 22Financial Position Analysis
Short Term Liabilities: ACER has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: ACER has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: ACER has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: ACER's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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: ACER has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ACER has less than a year of cash runway if free cash flow continues to reduce at historical rates of 5.8% each year