Is it safe?
Can MGTX take a bad year?
MeiraGTx Holdings plc holds $47M more cash than debt, so a bad year is a question about profits, not about lenders.
$47M
Net cash
- Net debt / EBITDA
- net cash
Net debt / EBITDA · no net borrowings to measure against earnings
- Altman Z-score
- -3.36
Altman Z-score · distress zone, below 1.8
- Interest cover
- none
Interest cover · no operating profit to pay the interest bill from
Details›
- Total debtQ1 2026
- $25M
- Cash and short-term investments
- $72M
- Net cash
- $47M
- EBITDA, trailing twelve months
- −$93M
- Operating profit, trailing twelve months
- −$105M
- Annualised volatilitytwo years of daily moves
- 65%
- Worst drawdown on file
- −88%
- Below its 52-week high
- −2.7%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.