MRNAModerna

$62.96

Is it safe?

Can MRNA take a bad year?

Moderna holds $4.55B more cash than debt, and is burning $311M a quarter, about 4.1 years of cover.

$4.55B

Net cash

Net debt / EBITDA
net cash

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

Altman Z-score
4.48

Altman Z-score · safe zone, above 3

Cash runway
4.1 years

Cash runway · burning $311M a quarter at the current rate

Details
Total debtQ2 2026
$591M
Cash and short-term investments
$5.14B
Net cash
$4.55B
EBITDA, trailing twelve months
−$3.09B
Operating profit, trailing twelve months
−$3.32B
Debt / equity
0.09×
Annualised volatilitytwo years of daily moves
149%
Worst drawdown on file
−95%
Below its 52-week high
−17%

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