How much debt does argenx SE have?
According to argenx SE's latest annual financial reports, the company's debt profile is as follows:
Total Debt and Liabilities
argenx SE's total debt stands at $37.70M. This is broken down into:
- Long-term debt: $31.39M
- Short-term debt: $6.31M
The company's net debt, which accounts for cash and cash equivalents, is $-1.41B. In terms of overall financial obligations, argenx SE's total liabilities amount to $679.80M.
Debt Ratios and Metrics
To better understand argenx SE's debt position, we can look at several key ratios:
- Debt to Equity Ratio: 0.01 - this indicates the proportion of equity and debt the company uses to finance its assets.
- Debt Ratio: 0.63% - this shows the proportion of a company's assets that are financed through debt.
- Interest Coverage Ratio: -8.48 - this measures how easily a company can pay interest on its outstanding debt.
- Long-term Debt to Capitalization: 0.00% - this shows the proportion of long-term debt in the company's capital structure.
- Total Debt to Capitalization: 0.71% - this indicates the total debt in the company's capital structure.
These metrics provide insight into argenx SE'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.
Total Debt
$37.70M
Long-term Debt
$31.39M
Short-term Debt
$6.31M
Net Debt
$-1.41B
Total Liabilities
$679.80M
Interest Coverage
-8.48
Debt to Equity Ratio
0.01
Debt Ratio
0.63%
argenx SE Historical Debt Metrics
argenx SE Historical Debt
The table below shows various debt metrics for each year, with the latest data available for the last fiscal year 2024.
| Year | Total Debt | Long-term Debt | Short-term Debt | Net Debt | Total Liabilities | Debt to Equity | Debt Ratio | Interest Coverage | Long-term Debt to Capitalization | Total Debt to Capitalization |
|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $37.70M | $31.39M | $6.31M | $-1.41B | $679.80M | 0.01 | 0.63% | -8.48 | 0.00% | 0.71% |
| 2023 | $20.00M | $15.35M | $4.65M | $-2.03B | $444.95M | 0.00 | 0.44% | -470.19 | 0.00% | 0.49% |
| 2022 | $12.43M | $9.01M | $3.42M | $-788.31M | $320.56M | 0.00 | 0.40% | -328.47 | 0.00% | 0.44% |
| 2021 | $11.46M | $7.96M | $3.51M | $-1.32B | $316.05M | 0.00 | 0.40% | -318.20 | 0.00% | 0.45% |
| 2020 | $9.66M | $6.18M | $3.48M | $-1.21B | $605.36M | 0.01 | 0.42% | 0.00 | 0.00% | 0.57% |
| 2019 | $7.32M | $5.10M | $2.22M | $-364.84M | $429.81M | 0.01 | 0.45% | -1430.88 | 0.00% | 0.62% |
| 2018 | $- | $- | $- | $-321.48M | $45.83M | 0.00 | 0.00% | 0.00 | 0.00% | 0.00% |
| 2017 | $- | $- | $- | $-228.98M | $31.16M | 0.00 | 0.00% | 0.00 | 0.00% | 0.00% |
| 2016 | $- | $- | $- | $-94.54M | $44.59M | 0.00 | 0.00% | 0.00 | 0.00% | 0.00% |
| 2015 | $- | $- | $- | $-38.83M | $9.49M | 0.00 | 0.00% | 0.00 | 0.00% | 0.00% |
Related Metrics
Explore detailed financial metrics and analysis for ARGX.