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Tricida Balance Sheet Health
Financial Health criteria checks 2/6
Tricida has a total shareholder equity of $-136.1M and total debt of $195.3M, which brings its debt-to-equity ratio to -143.5%. Its total assets and total liabilities are $93.9M and $230.0M respectively.
Key information
-143.5%
Debt to equity ratio
US$195.35m
Debt
| Interest coverage ratio | n/a |
| Cash | US$80.22m |
| Equity | -US$136.10m |
| Total liabilities | US$229.98m |
| Total assets | US$93.88m |
Recent financial health updates
Recent updates
Tricida enters $125M debt facility
Oct 19Tricida: Important Binary Event Coming Up
Sep 21Calculating The Intrinsic Value Of Tricida, Inc. (NASDAQ:TCDA)
Sep 14
Insider Buying: The Tricida, Inc. (NASDAQ:TCDA) CFO & Executive VP Just Bought 6.5% More Shares
Dec 14Tricida revises VALOR-CKD trial protocol, updates patent protection, shares down 14%
Dec 09Tricida's Veverimer CRL And Regulatory Updates: An Analysis
Nov 17Tricida slumps 46% on FDA feedback on veverimer proposal; launches cost-cutting initiatives
Oct 29Financial Position Analysis
Short Term Liabilities: TCDA.Q has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: TCDA.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: TCDA.Q has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: TCDA.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: TCDA.Q has sufficient cash runway for 9 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: TCDA.Q has sufficient cash runway for 2.2 years if free cash flow continues to reduce at historical rates of 18.4% each year.