Arcutis Biotherapeutics, Inc. (ARQT) quarterly balance sheet — complete assets, liabilities & equity history
Arcutis Biotherapeutics, Inc. (ARQT) balance sheet — 9-year assets, liabilities & shareholders' equity history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Total Current Assets | 503.69M | 467.67M | 438.06M | 411.23M | 349.22M | 332.78M | 323.67M | 335.82M | 423.72M | 434.59M | 468.06M | 330.43M | 281.55M | 308.87M | 367.68M | 437.41M | 496.72M | 295.43M | 358.92M | 402.77M |
| Cash & Short-Term Investments | 259.46M | 238.55M | 224M | 220.98M | 191.07M | 191.13M | 198.09M | 227.96M | 330.56M | 363.05M | 404.48M | 271.86M | 227.11M | 268.67M | 332.4M | 409.59M | 476.96M | 282.17M | 344.83M | 388.6M |
| Cash Only | 33.37M | 34.12M | 34.76M | 42.91M | 47.12M | 73.05M | 53.1M | 71.33M | 134.85M | 84.89M | 190.71M | 88.4M | 107.47M | 105.11M | 81.41M | 53.64M | 81.54M | 61.51M | 71.03M | 97.99M |
| Short-Term Investments | 226.09M | 204.43M | 189.24M | 178.07M | 143.95M | 118.08M | 144.98M | 156.62M | 195.71M | 278.17M | 213.77M | 183.46M | 119.64M | 163.56M | 251M | 355.95M | 395.42M | 220.66M | 273.81M | 290.61M |
| Accounts Receivable | 171.28M | 155.16M | 144.38M | 146.23M | 115.12M | 106.69M | 85.42M | 73.07M | 60.12M | 43.41M | 37.15M | 25.81M | 19.42M | 17.21M | 12.77M | 8.46M | 2.43M | 0 | 362K | 362K |
| Days Sales Outstanding | 104.34 | 104.95 | 124.08 | 92.83 | 102.83 | 107.24 | 108.31 | 85.85 | 106.41 | 118.79 | 57.79 | 153.8 | 44.21 | 262.8 | 343.48 | 169.16 | 308.49 | - | - | - |
| Inventory | 45.67M | 38.88M | 37.39M | 22.63M | 22.42M | 16.32M | 16.61M | 14.53M | 14.02M | 13.88M | 13.25M | 13.13M | 13.91M | 10.47M | 8.55M | 7.51M | 4.31M | 0 | 0 | 0 |
| Days Inventory Outstanding | 312.14 | 317.24 | 276.08 | 177.31 | 205.2 | 200.04 | 158.7 | 190.14 | 233.18 | 356.32 | 368.65 | 553.95 | 949.07 | 1.12K | 923.28 | 1.12K | 1.47K | - | - | - |
| Other Current Assets | 308K | 308K | 16M | 9.79M | 9.71M | 7.74M | 11.85M | 8.82M | 9.55M | 3.15M | 617K | 9.53M | 925K | 3.09M | 2.8M | 4.46M | 1.23M | 1.23M | 8.64M | 7.66M |
| Total Non-Current Assets | 20.74M | 20.87M | 21.95M | 21.74M | 21.75M | 19.65M | 20.43M | 13.07M | 13.63M | 10.17M | 10.48M | 10.93M | 11.41M | 11.82M | 11.78M | 11.87M | 12.2M | 5.04M | 5.19M | 5.38M |
| Property, Plant & Equipment | 4.94M | 5.13M | 5.4M | 5.51M | 5.78M | 3.12M | 3.34M | 2.99M | 3.25M | 3.51M | 3.63M | 3.9M | 4.19M | 4.41M | 4.7M | 4.6M | 4.74M | 4.96M | 5.11M | 5.3M |
| Fixed Asset Turnover | 28.60x | 24.67x | 19.32x | 22.94x | 22.29x | 25.23x | 20.80x | 22.87x | 13.25x | 8.64x | 13.16x | 3.34x | 8.86x | 1.14x | 0.60x | 0.63x | 0.15x | - | - | - |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 13.13M | 13.69M | 14.25M | 14.81M | 15.38M | 15.94M | 16.5M | 9.48M | 9.79M | 6.06M | 6.25M | 6.44M | 6.63M | 6.81M | 7M | 7.19M | 7.38M | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 2.67M | 2.05M | 2.3M | 1.42M | 596K | 596K | 596K | 596K | 596K | 595K | 596K | 596K | 596K | 596K | 78K | 78K | 78K | 78K | 78K | 78K |
| Total Assets | 524.43M | 488.54M | 460M | 432.97M | 370.98M | 352.43M | 344.11M | 348.89M | 437.35M | 444.76M | 478.54M | 341.37M | 292.96M | 320.69M | 379.46M | 449.27M | 508.91M | 300.46M | 364.11M | 408.15M |
| Asset Turnover | 0.28x | 0.27x | 0.24x | 0.32x | 0.27x | 0.23x | 0.19x | 0.18x | 0.10x | 0.07x | 0.12x | 0.04x | 0.12x | 0.01x | 0.01x | 0.01x | 0.00x | - | - | - |
| Asset Growth % | 41.36% | 38.62% | 33.68% | 24.1% | -15.18% | -20.76% | -28.09% | 2.2% | 49.29% | 38.69% | 26.11% | -24.02% | -42.43% | 6.73% | 4.22% | 10.08% | 31.5% | -30.59% | -22.76% | 36.84% |
| Total Current Liabilities | 172.36M | 160.34M | 163.2M | 129.84M | 99.77M | 103.94M | 91.13M | 81.01M | 172.43M | 51.35M | 47.31M | 46.67M | 41.89M | 36.66M | 37.02M | 37.81M | 37.1M | 27.48M | 32.96M | 33.33M |
| Accounts Payable | 8.34M | 6.6M | 18.3M | 12.53M | 5.79M | 15.08M | 24.53M | 14.22M | 19.32M | 7.94M | 12.97M | 11.99M | 13.18M | 17.16M | 12.48M | 8.83M | 8.67M | 8.44M | 12.47M | 7.35M |
| Days Payables Outstanding | 55.18 | 103.57 | 141.77 | 72.11 | 110.57 | 240.56 | 197.48 | 223.47 | 227.94 | 274.68 | 348.81 | 515.52 | 1.18K | 1.74K | 1.22K | 1.66K | 2.92K | 4.06K | 3.89K | 2.66K |
| Short-Term Debt | 6.95M | 6.95M | 7.95M | 1M | 1M | 1M | 0 | 0 | 99.51M | 0 | 756K | 0 | 715K | 695K | 676K | 657K | 639K | 0 | 507K | 433K |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 9.2M | 0 | 136.96M | 116.31M | 18.3M | 75.53M | 9.16M | 20.75M | 52.79M | 32.62M | 26.11M | 19.07M | 13.54M | 9.16M | 17.2M | 13.67M | 15.62M | 5.91M | 16.52M | 16.41M |
| Current Ratio | 2.92x | 2.92x | 2.68x | 3.17x | 3.50x | 3.20x | 3.55x | 4.15x | 2.46x | 8.46x | 9.89x | 7.08x | 6.72x | 8.43x | 9.93x | 11.57x | 13.39x | 10.75x | 10.89x | 12.09x |
| Quick Ratio | 2.66x | 2.67x | 2.46x | 2.99x | 3.28x | 3.04x | 3.37x | 3.97x | 2.38x | 8.19x | 9.61x | 6.80x | 6.39x | 8.14x | 9.70x | 11.37x | 13.27x | 10.75x | 10.89x | 12.09x |
| Cash Conversion Cycle | 361.3 | 318.62 | 258.38 | 198.03 | 197.46 | 66.72 | 69.53 | 52.52 | 111.65 | 200.43 | 77.64 | 192.22 | -187.27 | -359.66 | 41.93 | -368.8 | -1.14K | - | - | - |
| Total Non-Current Liabilities | 108.1M | 107.62M | 107.15M | 113.66M | 113.13M | 109.52M | 110.32M | 110.33M | 108.29M | 206.98M | 206.29M | 206.03M | 204.35M | 203.52M | 202.7M | 201.89M | 201.04M | 77.6M | 77.37M | 77.15M |
| Long-Term Debt | 102.45M | 101.95M | 101.47M | 5.27M | 107.5M | 107.05M | 107.62M | 107.2M | 105.09M | 203.81M | 202.8M | 201.8M | 200.78M | 199.77M | 198.76M | 197.77M | 196.75M | 73.14M | 72.74M | 72.35M |
| Capital Lease Obligations | 5.22M | 5.24M | 5.25M | 0 | 5.28M | 2.11M | 2.34M | 2.56M | 2.77M | 2.98M | 3.18M | 3.38M | 3.57M | 3.75M | 3.94M | 4.12M | 4.29M | 4.45M | 4.61M | 4.77M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 431K | 431K | 431K | 108.39M | 360K | 360K | 360K | 570K | 420K | 194K | 306K | 849K | 0 | 0 | 0 | 0 | 0 | 12K | 19K | 25K |
| Total Liabilities | 280.46M | 267.96M | 270.36M | 243.49M | 212.9M | 213.46M | 201.45M | 191.35M | 280.71M | 258.33M | 253.6M | 252.7M | 246.24M | 240.18M | 239.73M | 239.69M | 238.14M | 105.08M | 110.34M | 110.47M |
| Total Debt | 114.62M | 114.14M | 114.67M | 6.27M | 113.77M | 110.16M | 110.8M | 110.58M | 208.18M | 207.56M | 206.74M | 205.92M | 205.07M | 204.22M | 203.38M | 202.54M | 201.68M | 78.17M | 77.86M | 77.56M |
| Net Debt | 81.25M | 80.02M | 79.91M | -36.64M | 66.65M | 37.12M | 57.7M | 39.25M | 73.33M | 122.68M | 16.03M | 117.52M | 97.6M | 99.1M | 121.97M | 148.9M | 120.13M | 16.66M | 6.83M | -20.43M |
| Debt / Equity | 0.47x | 0.52x | 0.60x | 0.03x | 0.72x | 0.79x | 0.78x | 0.70x | 1.33x | 1.11x | 0.92x | 2.32x | 4.39x | 2.54x | 1.46x | 0.97x | 0.74x | 0.40x | 0.31x | 0.26x |
| Debt / EBITDA | 11.46x | 6.72x | - | 0.33x | 12.52x | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | 8.13x | 4.71x | - | -1.93x | 7.33x | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Coverage | 4.04x | 4.87x | -1.56x | 6.95x | 3.44x | -4.13x | -7.31x | -0.89x | -5.24x | -5.99x | -3.69x | -7.54x | -4.52x | -8.66x | -10.37x | -9.41x | -20.99x | -32.70x | -34.00x | - |
| Total Equity | 243.97M | 220.58M | 189.65M | 189.48M | 158.07M | 138.97M | 142.66M | 157.54M | 156.64M | 186.43M | 224.94M | 88.67M | 46.72M | 80.51M | 139.73M | 209.58M | 270.77M | 195.38M | 253.77M | 297.68M |
| Equity Growth % | 54.34% | 58.72% | 32.94% | 20.27% | 0.91% | -25.45% | -36.58% | 77.68% | 235.3% | 131.56% | 60.98% | -57.69% | -82.75% | -58.79% | -44.94% | -29.59% | -25.41% | -52.86% | -43.73% | 10% |
| Book Value per Share | 1.78 | 1.62 | 1.47 | 1.40 | 1.19 | 1.09 | 1.13 | 1.30 | 1.26 | 1.51 | 2.03 | 0.96 | 0.76 | 1.31 | 2.28 | 3.44 | 4.74 | 3.80 | 5.02 | 5.93 |
| Total Shareholders' Equity | 243.97M | 220.58M | 189.65M | 189.48M | 158.07M | 138.97M | 142.66M | 157.54M | 156.64M | 186.43M | 224.94M | 88.67M | 46.72M | 80.51M | 139.73M | 209.58M | 270.77M | 195.38M | 253.77M | 297.68M |
| Common Stock | 12K | 12K | 12K | 12K | 12K | 12K | 12K | 12K | 12K | 12K | 12K | 9K | 6K | 6K | 6K | 6K | 6K | 5K | 5K | 5K |
| Retained Earnings | -1.13B | -1.13B | -1.15B | -1.14B | -1.16B | -1.16B | -1.15B | -1.12B | -1.11B | -1.07B | -1.02B | -981.9M | -915.62M | -870.86M | -799.86M | -719.76M | -647.75M | -540.04M | -472.63M | -408.31M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -1.17M | -656K | -514K | -44K | -62K | -35K | -140K | -7K | 533K | -294K | -133K | 4K | -184K | -292K | -414K | -1.09M | -1.6M | -1.25M | -1.02M | -255K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |