ContraFect Balance Sheet Health
Financial Health criteria checks 1/6
ContraFect has a total shareholder equity of $-5.8M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $9.1M and $14.9M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$5.41m |
| Equity | -US$5.76m |
| Total liabilities | US$14.88m |
| Total assets | US$9.13m |
Recent financial health updates
Recent updates
Contrafect GAAP EPS of -$0.46 misses by $0.13
Aug 15ContraFect sinks ~76% as data safety board recommends ending co's DISRUPT trial
Jul 13ContraFect (NASDAQ:CFRX) Is In A Good Position To Deliver On Growth Plans
Jun 29
Is ContraFect (NASDAQ:CFRX) In A Good Position To Invest In Growth?
Dec 25ContraFect: Non-Antibiotic Alternative That Could Disrupt The Antibiotic Market
Sep 15We're Keeping An Eye On ContraFect's (NASDAQ:CFRX) Cash Burn Rate
Aug 18Is ContraFect (NASDAQ:CFRX) In A Good Position To Deliver On Growth Plans?
May 01Are Institutions Heavily Invested In ContraFect Corporation's (NASDAQ:CFRX) Shares?
Mar 09Is ContraFect (NASDAQ:CFRX) In A Good Position To Invest In Growth?
Jan 15What Type Of Shareholders Make Up ContraFect Corporation's (NASDAQ:CFRX) Share Registry?
Nov 24Contrafect EPS beats by $0.16
Nov 13Financial Position Analysis
Short Term Liabilities: CFRX has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: CFRX 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: CFRX is debt free.
Reducing Debt: CFRX'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: CFRX has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: CFRX has less than a year of cash runway if free cash flow continues to reduce at historical rates of 10.7% each year