Arcutis Biotherapeutics
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Arcutis Biotherapeutics's balance sheet done over the years? Its assets were worth $341,365,000 last year, which is less than in the previous period. 74% of Arcutis Biotherapeutics’s total assets is currently financed by debt. Its liabilities reached the amount of $252,698,000, which means an increase by 5% compared compared to last year.
Debt to Assets
| 2017 | 3819000 | 8.81M | 230.74% |
|---|---|---|---|
| 2018 | 51098000 | 75.08M | 146.94% |
| 2019 | 107012000 | 172.04M | 160.77% |
| 2020 | 298269000 | 27.64M | 9.27% |
| 2021 | 408152000 | 110.47M | 27.07% |
| 2022 | 449274000 | 239.69M | 53.35% |
| 2023 | 341365000 | 252.69M | 74.03% |
ARQT Balance Sheet (2017 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|
Assets | |||||||
Current assets: | |||||||
Cash and cash equivalents | 88.39M | 53.64M | 96.44M | 65.08M | 63.33M | 39.39M | 3.41M |
Short term investments | 183.46M | 355.94M | 290.61M | 219.35M | 37.92M | 11.54M | 0 |
Net receivables | 25.80M | 8.45M | 362K | 510K | 0 | 0 | 0 |
Inventory | 13.13M | 7.51M | 1.18M | -510K | 0 | 0 | 0 |
Other current assets | 19.62M | 10.61M | 14.17M | 8.38M | 5.20M | 158K | 221K |
Total current assets | 330.43M | 437.40M | 402.77M | 292.82M | 106.47M | 51.09M | 3.81M |
Non-current assets: | |||||||
Property, Plant and Equipment | 3.9M | 4.60M | 5.30M | 5.36M | 491K | 0 | 0 |
Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 6.43M | 7.18M | 0 | 0 | 0 | 0 | 0 |
Long term investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current assets | 596K | 78K | 78K | 78K | 47K | 0 | 0 |
Total non-current assets | 10.93M | 11.86M | 5.37M | 5.44M | 538K | 0 | 0 |
Total assets | 341.36M | 449.27M | 408.15M | 298.26M | 107.01M | 51.09M | 3.81M |
Liabilities | |||||||
| Current liabilities: | |||||||
Accounts payable | |||||||
Deferred revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Short term debt | 1.47M | 657K | 433K | 0 | 178K | 0 | 0 |
Total current liabilities | 46.66M | 37.80M | 33.32M | 22.60M | 5.23M | 2.67M | 692K |
| Non-current liabilities: | |||||||
Long term debt | 205.18M | 201.88M | 77.12M | 4.96M | 129K | 0 | 966K |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 849K | 0 | 25K | 82K | 166.67M | 72.41M | 7.15M |
Total non-current liabilities | 206.03M | 201.88M | 77.14M | 5.04M | 166.80M | 72.41M | 8.12M |
Total liabilities | 252.69M | 239.69M | 110.47M | 27.64M | 172.04M | 75.08M | 8.81M |
| Data source | Data source | Data source | Data source | Data source |