Karuna Therapeutics (KRTX) Debt Metrics
Market Cap: $12.60B
Avg Volume: 971.83K
Industry: Biotechnology
Sector: Healthcare
How much debt does Karuna Therapeutics have?
According to Karuna Therapeutics's latest annual financial reports, the company's debt profile is as follows:
Total Debt and Liabilities
Karuna Therapeutics's total debt stands at $16.69M. This is broken down into:
- Long-term debt: $13.85M
- Short-term debt: $2.84M
The company's net debt, which accounts for cash and cash equivalents, is $-169.13M. In terms of overall financial obligations, Karuna Therapeutics's total liabilities amount to $81.97M.
Debt Ratios and Metrics
To better understand Karuna Therapeutics'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: 1.25% - this shows the proportion of a company's assets that are financed through debt.
- Interest Coverage Ratio: 0.00 - this measures how easily a company can pay interest on its outstanding debt.
- Long-term Debt to Capitalization: 1.09% - this shows the proportion of long-term debt in the company's capital structure.
- Total Debt to Capitalization: 1.31% - this indicates the total debt in the company's capital structure.
These metrics provide insight into Karuna Therapeutics'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
$16.69M
Long-term Debt
$13.85M
Short-term Debt
$2.84M
Net Debt
$-169.13M
Total Liabilities
$81.97M
Interest Coverage
0.00
Debt to Equity Ratio
0.01
Debt Ratio
1.25%
Karuna Therapeutics Historical Debt Metrics
Karuna Therapeutics Historical Debt
The table below shows various debt metrics for each year, with the latest data available for the last fiscal year 2023.
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | $16.69M | $13.85M | $2.84M | $-169.13M | $81.97M | 0.01 | 1.25% | 0.00 | 1.09% | 1.31% |
| 2022 | $5.33M | $3.05M | $2.28M | $-243.00M | $37.10M | 0.00 | 0.46% | -20.43 | 0.27% | 0.47% |
| 2021 | $7.50M | $5.33M | $2.17M | $-199.45M | $25.64M | 0.01 | 1.42% | 0.00 | 1.05% | 1.47% |
| 2020 | $2.69M | $1.84M | $844.00K | $-50.36M | $8.69M | 0.01 | 0.77% | 0.00 | 0.54% | 0.79% |
| 2019 | $208.00K | $150.00K | $58.00K | $-208.72M | $3.11M | 0.00 | 0.05% | -48.05 | 0.04% | 0.05% |
| 2018 | $102.00K | $102.00K | $- | $-85.42M | $909.00K | 0.00 | 0.11% | -5.62 | 0.11% | 0.11% |
| 2017 | $11.66M | $3.98M | $7.67M | $9.72M | $15.50M | -0.87 | 547.63% | -4.10 | -42.47% | -682.21% |
Related Metrics
Explore detailed financial metrics and analysis for KRTX.