We're Keeping An Eye On Solid Biosciences' (NASDAQ:SLDB) Cash Burn Rate [Yahoo! Finance]
Solid Biosciences Inc. (SLDB)
Last solid biosciences inc. earnings: 8/14 07:25 am
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US:NASDAQ Investor Relations:
investors.solidbio.com/investor-relations
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Source: Yahoo! Finance
Indeed, Solid Biosciences NASDAQ:SLDB ) stock is up 166% in the last year, providing strong gains for shareholders. But the harsh reality is that very many loss making companies burn through all their cash and go bankrupt. In light of its strong share price run, we think now is a good time to investigate how risky Solid Biosciences' cash burn is. In this report, we will consider the company's annual negative free cash flow, henceforth referring to it as the 'cash burn'. The first step is to compare its cash burn with its cash reserves, to give us its 'cash runway'. See our latest analysis for Solid Biosciences A company's cash runway is calculated by dividing its cash hoard by its cash burn. When Solid Biosciences last reported its September 2024 balance sheet in November 2024, it had zero debt and cash worth US$171m. Looking at the last year, the company burnt through US$92m. Therefore, from September 2024 it had roughly 22 months of cash runway. That's not too bad, but it's fa
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SLDB
News
- Solid Biosciences to Present at the Jefferies London Healthcare Conference [Yahoo! Finance]Yahoo! Finance
- Solid Biosciences to Present at the Jefferies London Healthcare ConferenceGlobeNewswire
- Solid Biosciences Inc. (NASDAQ: SLDB) had its price target lowered by analysts at JPMorgan Chase & Co. from $15.00 to $12.00. They now have an "overweight" rating on the stock.MarketBeat
- Solid Biosciences Inc. (NASDAQ: SLDB) had its "buy" rating re-affirmed by analysts at Chardan Capital. They now have a $15.00 price target on the stock.MarketBeat
- Solid Biosciences Inc. (NASDAQ: SLDB) had its "buy" rating re-affirmed by analysts at HC Wainwright. They now have a $16.00 price target on the stock.MarketBeat
SLDB
Earnings
- 8/13/24 - Beat
SLDB
Sec Filings
- 11/19/24 - Form 4
- 11/19/24 - Form 4
- 11/14/24 - Form SC
- SLDB's page on the SEC website