GHRSGH Research PLC

$28.97

Is it safe?

Can GHRS take a bad year?

GH Research PLC holds $246M more cash than debt, and is burning $11M a quarter, about 5.7 years of cover.

$246M

Net cash

Net debt / EBITDA
net cash

Net debt / EBITDA · no net borrowings to measure against earnings

Cash runway
5+ years

Cash runway · burning $11M a quarter at the current rate

Annualised volatility
91%

Annualised volatility · three times the market's own swing

Details
Total debtQ4 2025
$0
Cash and short-term investments
$246M
Net cash
$246M
EBITDA, trailing twelve months
−$60M
Operating profit, trailing twelve months
−$61M
Debt / equity
0.00×
Annualised volatilitytwo years of daily moves
91%
Worst drawdown on file
−81%
Below its 52-week high
−5.3%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.