How much debt does Acumen Pharmaceuticals have?

According to Acumen Pharmaceuticals's latest annual financial reports, the company's debt profile is as follows:

Total Debt and Liabilities

Acumen Pharmaceuticals's total debt stands at $28.73M. This is broken down into:

• Long-term debt: $28.60M
• Short-term debt: $133.00K

The company's net debt, which accounts for cash and cash equivalents, is $-6.89M. In terms of overall financial obligations, Acumen Pharmaceuticals's total liabilities amount to $57.18M.

Debt Ratios and Metrics

To better understand Acumen Pharmaceuticals's debt position, we can look at several key ratios:

• Debt to Equity Ratio: 0.16 - this indicates the proportion of equity and debt the company uses to finance its assets.
• Debt Ratio: 12.02% - this shows the proportion of a company's assets that are financed through debt.
• Interest Coverage Ratio: -28.03 - this measures how easily a company can pay interest on its outstanding debt.
• Long-term Debt to Capitalization: 13.53% - this shows the proportion of long-term debt in the company's capital structure.
• Total Debt to Capitalization: 13.65% - this indicates the total debt in the company's capital structure.

These metrics provide insight into Acumen Pharmaceuticals's financial leverage and its ability to meet financial obligations. For a comprehensive understanding of the company's financial health, it's important to consider these debt metrics alongside other financial indicators and industry benchmarks.