Aerovate Therapeutics
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Aerovate Therapeutics's balance sheet done over the years? Its assets were worth $127,418,000 last year, which is less than in the previous period. 14% of Aerovate Therapeutics’s total assets is currently financed by debt. Its liabilities reached the amount of $17,962,000, which means an increase by 110% compared compared to last year.
Debt to Assets
| 2019 | 3514000 | 7.15M | 203.67% |
|---|---|---|---|
| 2020 | 4715000 | 18.05M | 383.01% |
| 2021 | 175363000 | 2.94M | 1.68% |
| 2022 | 135301000 | 8.55M | 6.33% |
| 2023 | 127418000 | 17.96M | 14.1% |
AVTE Balance Sheet (2019 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
Assets | |||||
Current assets: | |||||
Cash and cash equivalents | 23.49M | 22.39M | 54.19M | 4.57M | 3.51M |
Short term investments | 98.94M | 106.82M | 113.17M | 0 | 0 |
Net receivables | 0 | 0 | 0 | 0 | 0 |
Inventory | 0 | 0 | 0 | 0 | 0 |
Other current assets | 1.79M | 295K | 240K | 103K | 0 |
Total current assets | 124.23M | 131.49M | 174.33M | 4.67M | 3.51M |
Non-current assets: | |||||
Property, Plant and Equipment | 902K | 1.24M | 728K | 39K | 0 |
Goodwill | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 0 | 0 | 0 | 0 | 0 |
Long term investments | 0 | 0 | 0 | 0 | 0 |
Other non-current assets | 2.28M | 2.56M | 302K | 0 | 0 |
Total non-current assets | 3.18M | 3.80M | 1.03M | 39K | 0 |
Total assets | 127.41M | 135.30M | 175.36M | 4.71M | 3.51M |
Liabilities | |||||
| Current liabilities: | |||||
Accounts payable | |||||
Deferred revenue | 0 | 0 | 1.00M | 0 | 0 |
Short term debt | 840K | 385K | 192K | 0 | 0 |
Total current liabilities | 17.63M | 7.78M | 2.55M | 1.77M | 657K |
| Non-current liabilities: | |||||
Long term debt | 255K | 705K | 382K | 0 | 2.5M |
Deferred tax | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 70K | 71K | 13K | 0 | 4M |
Total non-current liabilities | 325K | 776K | 395K | 16.28M | 6.5M |
Total liabilities | 17.96M | 8.55M | 2.94M | 18.05M | 7.15M |
| Data source | Data source | Data source |