ANLAdlai Nortye Ltd.
Is it safe?
Caution warranted: heavy debt (BB) and big price swings.
Net cash, but unprofitable, speculative. A rule of thumb on leverage, not a credit rating.
Large price swings, high volatility. Worst drawdown -94% · now 7% below its 52-week high.
Where this answer is blind. Altman sits structurally low for utilities and pipelines; Beneish runs high for fast growers, since sales growth alone lifts it; banks and REITs are excluded.
Can ANL take a bad year?
Adlai Nortye Ltd. holds $8.2M more cash than debt, and is burning $13M a quarter, about 1.2 years of cover.
Net cash
- Net debt / EBITDA
- net cash
Net debt / EBITDA · no net borrowings to measure against earnings
- Cash runway
- 1.2 years
Cash runway · burning $13M a quarter at the current rate
- Annualised volatility
- 124%
Annualised volatility · three times the market's own swing
Details›
- Total debtFY2024
- $53M
- Cash and short-term investments
- $61M
- Net cash
- $8.2M
- EBITDA, trailing twelve months
- −$52M
- Operating profit, trailing twelve months
- −$53M
- Debt / equity
- 2.07×
- Annualised volatilitytwo years of daily moves
- 124%
- Worst drawdown on file
- −94%
- Below its 52-week high
- 6.6%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Biotechnology
The closest names by size in the same industry