Gritstone bio Balance Sheet Health
Financial Health criteria checks 2/6
Gritstone bio has a total shareholder equity of $22.2M and total debt of $40.5M, which brings its debt-to-equity ratio to 182.5%. Its total assets and total liabilities are $142.5M and $120.4M respectively.
Key information
182.5%
Debt to equity ratio
US$40.51m
Debt
| Interest coverage ratio | n/a |
| Cash | US$55.71m |
| Equity | US$22.19m |
| Total liabilities | US$120.35m |
| Total assets | US$142.54m |
Recent financial health updates
Is Gritstone bio (NASDAQ:GRTS) In A Good Position To Invest In Growth?
Jul 07
We're Not Very Worried About Gritstone bio's (NASDAQ:GRTS) Cash Burn Rate
Mar 05Recent updates
We Think Some Shareholders May Hesitate To Increase Gritstone bio, Inc.'s (NASDAQ:GRTS) CEO Compensation
Jun 11Gritstone bio: GRANITE Cancer Vaccine Data Overshadowed By Offering
Apr 07Gritstone bio, Inc. (NASDAQ:GRTS) Analysts Just Slashed This Year's Revenue Estimates By 40%
Aug 14Gritstone bio: Early Data For SLATE Candidate Sets Up 2023 Catalyst
Sep 26Gritstone reaches six-month high on publication of data for cancer vaccine
Aug 16Gritstone bio announces $80M credit facility
Jul 21Is Gritstone bio (NASDAQ:GRTS) In A Good Position To Invest In Growth?
Jul 07Gritstone bio: Potential To Advance Colorectal Cancer Treatment
Jul 05Gritstone bio: Investing In A Premium mRNA Technology At A Discounted Valuation
Jun 14Some Analysts Just Cut Their Gritstone bio, Inc. (NASDAQ:GRTS) Estimates
Mar 17We're Not Very Worried About Gritstone bio's (NASDAQ:GRTS) Cash Burn Rate
Mar 05Gritstone: Why The Stock Fell On Positive Data
Jan 18Financial Position Analysis
Short Term Liabilities: GRTS.Q's short term assets ($60.7M) exceed its short term liabilities ($23.9M).
Long Term Liabilities: GRTS.Q's short term assets ($60.7M) do not cover its long term liabilities ($96.5M).
Debt to Equity History and Analysis
Debt Level: GRTS.Q has more cash than its total debt.
Reducing Debt: GRTS.Q's debt to equity ratio has increased from 0% to 182.5% 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: GRTS.Q has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: GRTS.Q has less than a year of cash runway if free cash flow continues to reduce at historical rates of 13.8% each year
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/06 19:56 |
| End of Day Share Price | 2025/01/03 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Gritstone bio, Inc. is covered by 4 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Madhu Kumar | Baird |
| Corinne Johnson | Goldman Sachs |
| Douglas Buchanan | JMP Securities |