Athersys Balance Sheet Health
Financial Health criteria checks 0/6
Athersys has a total shareholder equity of $-36.4M and total debt of $10.8M, which brings its debt-to-equity ratio to -29.6%. Its total assets and total liabilities are $7.4M and $43.8M respectively.
Key information
-29.6%
Debt to equity ratio
US$10.79m
Debt
| Interest coverage ratio | n/a |
| Cash | US$1.02m |
| Equity | -US$36.39m |
| Total liabilities | US$43.82m |
| Total assets | US$7.43m |
Recent financial health updates
Recent updates
Athersys: Is Big Pharma Sleeping At The Wheel?
Oct 06Athersys extends exercise period of warrants in connection with recent offering
Sep 23Athersys announces 1-for-25 reverse stock split
Aug 25One Analyst's Revenue Estimates For Athersys, Inc. (NASDAQ:ATHX) Are Surging Higher
Aug 16
Athersys stock falls ~9% after reporting Q2 loss, fall in cash and cash equivalents
Aug 12Kasey Rosado named interim CFO of Athersys
Aug 04Athersys: Dead Man Walking
Jul 25Athersys: Focus On Stroke
May 04Athersys - Hero Or Zero Opportunity
Apr 18Athersys: Near-Term Progress In Stem Cell Phase 3 Trials Could Multiply Shares In 2022
Jan 20Here's Why Athersys (NASDAQ:ATHX) Must Use Its Cash Wisely
Dec 30Athersys: COVID-ARDS Is The Company's Most Important Target
Nov 25Athersys Shares Are Ready To Rumble Following Period Of Turmoil
Aug 30Athersys: Subgroup Analysis As A Masterstroke
Jul 29Here's Why We're Watching Athersys' (NASDAQ:ATHX) Cash Burn Situation
May 28Is Athersys (NASDAQ:ATHX) In A Good Position To Invest In Growth?
Feb 27Update On Athersys - Trying To Read Between The Lines
Feb 03Athersys: Risky Financial Position, But Promising Upside By FYE 2023
Feb 01Athersys: Stem Cell Opportunity For Risk Tolerant Investors
Nov 12Financial Position Analysis
Short Term Liabilities: ATHX.Q has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: ATHX.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: ATHX.Q has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: ATHX.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: ATHX.Q has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ATHX.Q has less than a year of cash runway if free cash flow continues to reduce at historical rates of 17.5% each year