HCMHUTCHMED (China) Limited

$12.42

Is it safe?

Can HCM take a bad year?

HUTCHMED (China) Limited holds $190M more cash than debt, and is burning $22M a quarter, about 2.4 years of cover.

$190M

Net cash

Net debt / EBITDA
net cash

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

Cash runway
2.4 years

Cash runway · burning $22M a quarter at the current rate

Annualised volatility
48%

Annualised volatility · roughly twice as jumpy as the market

Details
Total debtQ4 2019
$27M
Cash and short-term investments
$217M
Net cash
$190M
EBITDA, trailing twelve months
−$141M
Operating profit, trailing twelve months
−$146M
Debt / equity
0.09×
Annualised volatilitytwo years of daily moves
48%
Worst drawdown on file
−82%
Below its 52-week high
−31%

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