GH Research PLC (GHRS) annual balance sheet — 7-year assets, liabilities & equity history
| Total Current Assets | 272.23M | 285.98M | 154.22M | 164.09M | 168.54M | 279.84M | 5.91M | 504K |
| Cash & Short-Term Investments | 267.32M | 280.71M | 149.32M | 161.56M | 165.96M | 276.78M | 5.89M | 498K |
| Cash Only | 242.65M | 246.25M | 100.79M | 78.42M | 165.96M | 276.78M | 5.89M | 498K |
| Short-Term Investments | 24.67M | 34.46M | 48.53M | 83.14M | 0 | 0 | 0 | 0 |
| Accounts Receivable | 0 | 1.29M | 1.73M | 178K | 90K | 48K | 0 | 0 |
| Days Sales Outstanding | - | - | - | - | - | - | - | - |
| Inventory | 0 | 0 | 0 | 0 | -90K | 3.01M | -6K | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - |
| Other Current Assets | 4.91M | 0 | 0 | 119K | 47K | 10K | 11K | 6K |
| Total Non-Current Assets | 3.04M | 2.25M | 34.05M | 62.21M | 85.82M | 82K | 0 | 0 |
| Property, Plant & Equipment | 580K | 620K | 748K | 1.07M | 97K | 82K | 0 | 0 |
| Fixed Asset Turnover | 0.00x | - | - | - | - | - | - | - |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 22.53M | 0 | 33.3M | 61.14M | 85.72M | 0 | 0 | 0 |
| Other Non-Current Assets | 2.46M | 1.63M | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Assets | 275.27M | 288.23M | 188.27M | 226.3M | 254.36M | 279.92M | 5.91M | 504K |
| Asset Turnover | 0.00x | - | - | - | - | - | - | - |
| Asset Growth % | 141.73% | 53.09% | -16.8% | -11.03% | -9.13% | 4634.84% | 1073.02% | - |
| Total Current Liabilities | 11.81M | 8.38M | 8.95M | 6.7M | 4.55M | 2.75M | 246K | 104K |
| Accounts Payable | 0 | 0 | 0 | 0 | 1.87M | 883K | 1K | 93K |
| Days Payables Outstanding | 2.48K | - | - | - | - | - | - | - |
| Short-Term Debt | 357K | 365K | 255K | 343K | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 11.46M | 8.02M | 8.7M | 6.36M | 312K | 168K | 0 | 0 |
| Current Ratio | 23.04x | 34.13x | 17.23x | 24.49x | 37.07x | 101.80x | 24.03x | 4.85x |
| Quick Ratio | 23.04x | 34.13x | 17.23x | 24.49x | 37.09x | 100.70x | 24.06x | 4.85x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 75K | 147K | 369K | 631K | 1.87M | 0 | 0 | 0 |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 722K | 147K | 369K | 631K | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 11.89M | 8.53M | 9.32M | 7.33M | 4.55M | 2.75M | 246K | 104K |
| Total Debt | 432K | 512K | 624K | 974K | 0 | 0 | 0 | 0 |
| Net Debt | -242.22M | -245.74M | -100.17M | -77.45M | -165.96M | -276.78M | -5.89M | -498K |
| Debt / Equity | 0.00x | 0.00x | 0.00x | 0.00x | - | - | - | - |
| Debt / EBITDA | -0.01x | - | - | - | - | - | - | - |
| Net Debt / EBITDA | 3.65x | - | - | - | - | - | - | - |
| Interest Coverage | -159.15x | -131.05x | -54.27x | -49.13x | - | -1021.44x | - | - |
| Total Equity | 263.38M | 279.7M | 178.95M | 218.97M | 249.82M | 277.18M | 5.67M | 400K |
| Equity Growth % | 147.68% | 56.3% | -18.28% | -12.35% | -9.87% | 4791.9% | 1316.5% | - |
| Book Value per Share | 4.25 | 4.58 | 3.44 | 4.21 | 4.80 | 5.33 | 0.19 | 0.01 |
| Total Shareholders' Equity | 263.38M | 279.7M | 178.95M | 218.97M | 249.82M | 277.18M | 5.67M | 400K |
| Common Stock | 1.55M | 1.55M | 1.3M | 1.3M | 1.3M | 1.3M | 871K | 801K |
| Retained Earnings | -173.23M | -154.43M | -106.45M | -67.94M | -32.49M | -10.04M | -835K | -389K |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 3.92M | 1.52M | -7.37M | -5.86M | -10.44M | -5.54M | 200K | -12K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Quick answers to the most common questions about buying GHRS stock.
As of 2025, GH Research PLC (GHRS) had total assets of $288.2M including $286.0M in current assets.
GH Research PLC (GHRS) carries total debt of $0.5M, offset by $280.7M in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
GH Research PLC (GHRS) has total shareholders' equity (book value) of $279.7M ($4.58 book value per share). Book value represents the net worth of the company belonging to common stock holders.
GH Research PLC (GHRS) reported a current ratio of 34.13x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.