Acorda Therapeutics Balance Sheet Health
Financial Health criteria checks 0/6
Acorda Therapeutics has a total shareholder equity of $-185.8M and total debt of $191.5M, which brings its debt-to-equity ratio to -103.1%. Its total assets and total liabilities are $81.6M and $267.3M respectively.
Key information
-103.1%
Debt to equity ratio
US$191.47m
Debt
Interest coverage ratio | n/a |
Cash | US$9.36m |
Equity | -US$185.77m |
Total liabilities | US$267.35m |
Total assets | US$81.58m |
Recent financial health updates
Recent updates
Health Check: How Prudently Does Acorda Therapeutics (NASDAQ:ACOR) Use Debt?
Feb 21Acorda Therapeutics, Inc. (NASDAQ:ACOR) Surges 53% Yet Its Low P/S Is No Reason For Excitement
Dec 18Is Acorda Therapeutics (NASDAQ:ACOR) Using Debt Sensibly?
Jun 05Acorda wins $16.5M in Ampyra arbitration case with Alkermes
Oct 17Acorda stock rise 11% as proposal to increase shares withdrawn; reverse split still on vote
Oct 10Acorda inks license deal with Asieris for pre-clinical drug
Aug 29Acorda Therapeutics announces resignation of COO
Aug 19Acorda Therapeutics: Managing The Transition
Oct 04Acorda Therapeutics Continues To Maneuver For A Turnaround
Jul 24CureVac downgraded following COVID vaccine data, Regeneron COVID cocktail a boon, and more in analyst action
Jun 17Shareholders May Be More Conservative With Acorda Therapeutics, Inc.'s (NASDAQ:ACOR) CEO Compensation For Now
May 26Acorda Therapeutics, Inc. 2021 Q1 - Results - Earnings Call Presentation
May 07Acorda Therapeutics, Inc.'s (NASDAQ:ACOR) Sole Analyst Just Made A Huge Upgrade To Their Forecasts
Mar 09Financial Position Analysis
Short Term Liabilities: ACOR.Q has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: ACOR.Q 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: ACOR.Q has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: ACOR.Q'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: ACOR.Q has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ACOR.Q has less than a year of cash runway if free cash flow continues to reduce at historical rates of 14.5% each year