Praxis Precision Medicines Balance Sheet
NASDAQ: PRAXHealth CareBiotechnology: Pharmaceutical PreparationsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Praxis Precision Medicines financial position
At the end of fiscal 2025, Praxis Precision Medicines reported total assets of $937.9 million, up 94.1% from a year earlier against total liabilities of $59.8 million. Shareholders' equity stood at $878.1 million, or 93.6% of assets. The company held $357.3 million in cash and equivalents.
The current ratio (current assets divided by current liabilities) was 10.22, meaning short-term assets cover obligations due within a year.
Summary generated from market data by MetaCap's automated system. Methodology
Praxis Precision Medicines balance sheet (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 |
|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 357.33M | 215.37M | 81.30M | 61.62M | 138.70M | 296.61M | 44.81M |
| Short-Term Investments | 242.00M | 177.19M | 0 | 38.87M | 105.68M | — | — |
| Total Current Assets | 610.91M | 404.37M | 84.88M | 110.84M | 287.41M | 302.33M | 45.50M |
| Property, Plant & Equipment | 147.00K | 230.00K | 588.00K | 971.00K | 1.21M | 82.00K | 128.00K |
| Intangible Assets | 0 | — | — | — | — | — | — |
| Long-Term Investments | 326.76M | 76.96M | 0 | — | 31.53M | — | — |
| Total Assets | 937.91M | 483.11M | 87.95M | 115.13M | 292.75M | 303.18M | 47.69M |
| Accounts Payable | 24.63M | 12.53M | 5.82M | 14.67M | 10.78M | 4.09M | 2.67M |
| Total Current Liabilities | 59.77M | 37.55M | 15.75M | 34.34M | 38.43M | 15.72M | 6.82M |
| Total Liabilities | 59.77M | 37.66M | 18.28M | 39.02M | 41.94M | 15.72M | 7.58M |
| Shareholders' Equity | 878.14M | 445.45M | 69.67M | 76.11M | 250.81M | 287.46M | -81.01M |
| Retained Earnings | -1.14B | -836.74M | -653.92M | -530.64M | -316.62M | -149.55M | -81.01M |
| Net Cash (Debt) | 599.33M | 392.57M | 81.30M | 100.49M | 244.38M | 296.61M | 44.81M |
| Shares Outstanding | 25.20M | 19.42M | 8.79M | 3.29M | 45.30M | 38.27M | 1.62M |
This table shows 7 annual periods of Praxis Precision Medicines's balance sheet, from FY 2025 back to FY 2019, across 14 line items including cash & equivalents, short-term investments, total current assets. Values in USD; B = billions, M = millions. Fiscal periods follow PRAX's reporting calendar. What is a balance sheet?