MeiraGTx Balance Sheet
NASDAQ: MGTXHealth CareBiotechnology: Biological Products (No Diagnostic Substances)USD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
MeiraGTx financial position
At the end of fiscal 2025, MeiraGTx reported total assets of $244.4 million, down 9.4% from a year earlier against total liabilities of $250.2 million. Shareholders' equity was negative at -$5.8 million, meaning liabilities exceed assets; this is often the result of large share buybacks or accumulated losses. The company held $65.9 million in cash and equivalents against $49.7 million of debt, a net cash position of $16.2 million.
The current ratio (current assets divided by current liabilities) was 0.75, meaning short-term obligations exceed short-term assets.
Summary generated from market data by MetaCap's automated system. Methodology
MeiraGTx balance sheet (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20212022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 |
|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 65.93M | 103.66M | 129.57M | 115.52M | 137.70M | 209.52M | 227.23M | 68.08M | 8.55M |
| Receivables | 3.00M | 707.00K | 10.14M | 21.33M | — | — | — | — | — |
| Inventory | — | 385.00K | — | — | — | — | — | — | — |
| Total Current Assets | 91.76M | 123.52M | 159.62M | 154.34M | 183.24M | 272.58M | 268.98M | 74.65M | 11.48M |
| Property, Plant & Equipment | 105.47M | 102.88M | 115.90M | 109.27M | 75.86M | 44.04M | 23.86M | 22.01M | 14.26M |
| Intangible Assets | 578.00K | 821.00K | 1.12M | 1.33M | 1.79M | 2.12M | 0 | — | — |
| Long-Term Investments | 6.75M | — | — | 6.33M | 6.66M | — | — | — | — |
| Total Assets | 244.43M | 269.75M | 326.74M | 318.24M | 320.16M | 363.70M | 323.89M | 96.89M | 25.85M |
| Accounts Payable | 10.07M | 23.59M | 16.04M | 16.62M | 15.35M | 7.13M | 3.76M | 3.04M | 7.06M |
| Total Current Liabilities | 122.56M | 60.78M | 67.08M | 82.07M | 68.13M | 54.15M | 49.20M | 15.50M | 21.40M |
| Long-Term Debt | 49.69M | 73.22M | 72.12M | 71.03M | 953.00K | — | — | — | — |
| Total Liabilities | 250.22M | 201.92M | 188.57M | 200.50M | 134.76M | 125.14M | 133.09M | 15.84M | 21.88M |
| Shareholders' Equity | -5.79M | 67.83M | 138.18M | 117.74M | 185.40M | 238.56M | 190.80M | 81.06M | -47.37M |
| Retained Earnings | -816.22M | -702.02M | -554.23M | -470.20M | -340.59M | -261.03M | -203.04M | -148.29M | -65.42M |
| Total Debt | 49.69M | 73.22M | 72.12M | 71.03M | 953.00K | — | — | — | — |
| Net Cash (Debt) | 16.24M | 30.44M | 57.45M | 44.48M | 136.75M | 209.52M | 227.23M | 68.08M | 8.55M |
| Shares Outstanding | 81.12M | 78.40M | 63.60M | 48.48M | 44.55M | 44.19M | 36.79M | 27.39M | 8.71M |
This table shows 9 annual periods of MeiraGTx's balance sheet, from FY 2025 back to FY 2017, across 17 line items including cash & equivalents, receivables, inventory. Values in USD; B = billions, M = millions. Fiscal periods follow MGTX's reporting calendar. What is a balance sheet?