Phathom Pharmaceuticals (PHAT) Debt Metrics
Market Cap: $440.45M
Avg Volume: 1.12M
Industry: Biotechnology
Sector: Healthcare
How much debt does Phathom Pharmaceuticals have?
According to Phathom Pharmaceuticals's latest annual financial reports, the company's debt profile is as follows:
Total Debt and Liabilities
Phathom Pharmaceuticals's total debt stands at $501.00K. This is broken down into:
- Long-term debt: $-
- Short-term debt: $1.00M
The company's net debt, which accounts for cash and cash equivalents, is $-296.76M. In terms of overall financial obligations, Phathom Pharmaceuticals's total liabilities amount to $631.90M.
Debt Ratios and Metrics
To better understand Phathom Pharmaceuticals's debt position, we can look at several key ratios:
- Debt to Equity Ratio: 0.00 - this indicates the proportion of equity and debt the company uses to finance its assets.
- Debt Ratio: 0.13% - this shows the proportion of a company's assets that are financed through debt.
- Interest Coverage Ratio: -3.85 - 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: -0.20% - this indicates the total debt in the company's capital structure.
These metrics provide insight into Phathom 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.
Total Debt
$501.00K
Long-term Debt
$-
Short-term Debt
$1.00M
Net Debt
$-296.76M
Total Liabilities
$631.90M
Interest Coverage
-3.85
Debt to Equity Ratio
0.00
Debt Ratio
0.13%
Phathom Pharmaceuticals Historical Debt Metrics
Phathom Pharmaceuticals 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 | $501.00K | $- | $1.00M | $-296.76M | $631.90M | 0.00 | 0.13% | -3.85 | 0.00% | -0.20% |
| 2023 | $139.03M | $138.30M | $726.00K | $-242.36M | $486.60M | -1.91 | 33.59% | -3.99 | 211.79% | 209.79% |
| 2022 | $97.07M | $96.36M | $1.42M | $-58.31M | $239.62M | -1.30 | 58.90% | -6.32 | 465.84% | 436.15% |
| 2021 | $91.34M | $90.85M | $974.00K | $-91.92M | $117.28M | 1.27 | 48.22% | -19.90 | 55.41% | 55.87% |
| 2020 | $49.02M | $41.19M | $8.30M | $-238.48M | $100.84M | 0.25 | 16.61% | -27.43 | 16.94% | 20.15% |
| 2019 | $23.57M | $23.41M | $322.00K | $-220.19M | $29.22M | 0.10 | 9.17% | -25.43 | 9.08% | 9.37% |
| 2018 | $1.95M | $- | $1.95M | $1.07M | $2.19M | -1.52 | 216.19% | -94.23 | 0.00% | 293.67% |
Related Metrics
Explore detailed financial metrics and analysis for PHAT.