Madrigal Pharmaceuticals, Inc. (MDGL) quarterly balance sheet — complete assets, liabilities & equity history
Madrigal Pharmaceuticals, Inc. (MDGL) balance sheet — 23-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 | 1.39B | 1.2B | 1.18B | 1.25B | 1.35B | 1B | 987.98M | 1.03B | 1.06B | 1.09B | 1.07B | 637.28M | 235.47M | 301.6M | 331.28M | 361.37M | 157.11M | 214.55M | 221.17M | 271.68M |
| Cash & Short-Term Investments | 960.97M | 838.75M | 817.93M | 983.56M | 1.11B | 797.02M | 843.07M | 926.25M | 998.63M | 1.06B | 1.06B | 634.13M | 232.35M | 298.42M | 329.48M | 358.77M | 153.19M | 211.77M | 219.95M | 270.35M |
| Cash Only | 514.64M | 292.73M | 232.19M | 198.69M | 295.69M | 186.19M | 183.65M | 100.02M | 232.68M | 494.6M | 622.52M | 99.92M | 62.05M | 77.2M | 113.31M | 331.55M | 59.34M | 53.27M | 42.28M | 36.27M |
| Short-Term Investments | 446.32M | 546.03M | 585.74M | 784.87M | 814.05M | 610.83M | 659.42M | 826.23M | 765.94M | 563.2M | 436.55M | 534.22M | 170.3M | 221.22M | 216.17M | 27.23M | 93.85M | 158.49M | 177.67M | 234.08M |
| Accounts Receivable | 227.38M | 192.31M | 187.36M | 134.48M | 113.28M | 79.23M | 61.43M | 53.82M | 30.46M | 6.9M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Sales Outstanding | 44.76 | 47.43 | 46.52 | 35.5 | 30.83 | 30.07 | 37.79 | 37.53 | 27.64 | 42.89 | - | - | - | - | - | - | - | - | - | - |
| Inventory | 122.59M | 99.39M | 112.07M | 74.84M | 69.32M | 63.5M | 55.24M | 34.07M | 8.71M | 7.07M | 854K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | 270.03 | 240.49 | 313.29 | 271.24 | 337.13 | 595.98 | 890.52 | 571.27 | 337.45 | 567.03 | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 76.18M | 68.72M | 64.95M | 52.89M | 5M | 63.6M | 28.24M | 18.79M | 25.86M | 19.96M | 14.04M | 3.15M | 3.12M | 3.18M | 1.81M | 2.6M | 0 | 0 | 0 | 0 |
| Total Non-Current Assets | 47.28M | 45.47M | 45.02M | 13.82M | 15.78M | 12.03M | 8.65M | 9.32M | 9.6M | 8.06M | 8.33M | 3.27M | 2.5M | 866K | 1.17M | 1.2M | 1.53M | 1.85M | 1.49M | 1.65M |
| Property, Plant & Equipment | 26.81M | 17.17M | 14.24M | 6.44M | 8.3M | 7.48M | 4.01M | 4.59M | 4.78M | 3.15M | 3.33M | 3.27M | 2.5M | 866K | 1.17M | 1.2M | 1.53M | 1.85M | 1.49M | 1.65M |
| Fixed Asset Turnover | 19.61x | 23.19x | 30.12x | 43.57x | 36.42x | 37.05x | 31.91x | 22.05x | 15.68x | 4.52x | - | - | - | - | - | - | - | - | - | - |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 7.09M | 7.19M | 7.28M | 7.38M | 7.48M | 4.55M | 4.64M | 4.73M | 4.82M | 4.91M | 5M | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 13.38M | 21.11M | 23.5M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Assets | 1.43B | 1.24B | 1.23B | 1.26B | 1.36B | 1.02B | 996.63M | 1.04B | 1.07B | 1.1B | 1.08B | 640.55M | 237.96M | 302.46M | 332.45M | 362.57M | 158.64M | 216.39M | 222.66M | 273.33M |
| Asset Turnover | 0.32x | 0.29x | 0.25x | 0.24x | 0.24x | 0.21x | 0.13x | 0.10x | 0.06x | 0.01x | - | - | - | - | - | - | - | - | - | - |
| Asset Growth % | 5.28% | 22.58% | 23.15% | 20.85% | 26.95% | -7.67% | -7.91% | 62.71% | 351.02% | 263.61% | 225.55% | 76.67% | 50% | 39.77% | 49.31% | 32.65% | -47.93% | -34.02% | -28.11% | -4.76% |
| Total Current Liabilities | 454.24M | 374.2M | 338.26M | 310.29M | 391.41M | 196.5M | 167.24M | 169.28M | 177.85M | 125.16M | 114.34M | 118.55M | 99.67M | 99.71M | 98.35M | 115.89M | 98.92M | 84.01M | 76.64M | 76.84M |
| Accounts Payable | 61.37M | 34.51M | 60.8M | 48.88M | 44.94M | 37.98M | 42.06M | 43.6M | 45.97M | 8.99M | 21.53M | 28.04M | 16.54M | 17.53M | 12.13M | 23.83M | 18.56M | 11.29M | 22.78M | 21.38M |
| Days Payables Outstanding | 116.63 | 108.4 | 183.84 | 176.52 | 210.47 | 401.7 | 854.08 | 1.2K | 1.17K | 2.18K | - | - | - | - | - | - | - | - | - | - |
| Short-Term Debt | 0 | 1.03M | 1.7M | 1.02M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 0 | 0 | 241.43M | 260.39M | 0 | 27.69M | 18.27M | 34.96M | 29.68M | 21.34M | 16.95M | 17.03M | 9.96M | 5.45M | 11.21M | 14.86M | 5.05M | 3.58M | 2.71M | 6.77M |
| Current Ratio | 3.05x | 3.20x | 3.50x | 4.01x | 3.44x | 5.11x | 5.91x | 6.10x | 5.98x | 8.72x | 9.39x | 5.38x | 2.36x | 3.02x | 3.37x | 3.12x | 1.59x | 2.55x | 2.89x | 3.54x |
| Quick Ratio | 2.78x | 2.94x | 3.16x | 3.77x | 3.26x | 4.78x | 5.58x | 5.90x | 5.93x | 8.67x | 9.39x | 5.38x | 2.36x | 3.02x | 3.37x | 3.12x | 1.59x | 2.55x | 2.89x | 3.54x |
| Cash Conversion Cycle | 198.16 | 179.52 | 175.97 | 130.21 | 157.49 | 224.36 | 74.22 | -587.14 | -809.7 | -1.57K | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 353.2M | 346.72M | 345.61M | 346.61M | 345.32M | 122.9M | 118.75M | 118.59M | 118.26M | 117.51M | 117.18M | 116.67M | 116.05M | 99.25M | 83.97M | 49.29M | 49.05M | 48.85M | 283K | 387K |
| Long-Term Debt | 341.27M | 340.79M | 340.33M | 346.61M | 339.75M | 118.38M | 118M | 117.57M | 117.09M | 116.61M | 116.14M | 115.48M | 114.73M | 99.25M | 83.97M | 49.29M | 48.98M | 48.67M | 0 | 0 |
| Capital Lease Obligations | 11.93M | 5.92M | 5.28M | 6.73M | 5.57M | 4.52M | 750K | 1.02M | 1.18M | 900K | 1.04M | 1.19M | 1.32M | 0 | 0 | 0 | 71K | 178K | 283K | 387K |
| 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 | 0 | 0 | 0 | -6.73M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 807.45M | 720.92M | 683.87M | 656.9M | 736.73M | 319.4M | 285.99M | 287.86M | 296.11M | 242.67M | 231.52M | 235.21M | 215.72M | 198.96M | 182.31M | 165.18M | 147.97M | 132.86M | 76.92M | 77.22M |
| Total Debt | 354.22M | 347.75M | 347.31M | 354.36M | 346.4M | 123.95M | 119.77M | 119.57M | 119.14M | 118.06M | 117.72M | 117.19M | 116.56M | 99.66M | 84.62M | 49.89M | 49.81M | 49.73M | 696K | 797K |
| Net Debt | -160.43M | 55.02M | 115.12M | 155.67M | 50.71M | -62.24M | -63.88M | 19.55M | -113.54M | -376.53M | -504.8M | 17.28M | 54.51M | 22.46M | -28.69M | -281.66M | -9.53M | -3.54M | -41.59M | -35.47M |
| Debt / Equity | 0.56x | 0.66x | 0.64x | 0.59x | 0.55x | 0.18x | 0.17x | 0.16x | 0.15x | 0.14x | 0.14x | 0.29x | 5.24x | 0.96x | 0.56x | 0.25x | 4.67x | 0.60x | 0.00x | 0.00x |
| Debt / EBITDA | 6.28x | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | -2.85x | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Coverage | 7.87x | -6.30x | -11.07x | -6.06x | -14.33x | -11.95x | -21.21x | -15.98x | -28.07x | -40.57x | -37.44x | -27.25x | -27.18x | -28.58x | -31.92x | -50.07x | -53.06x | -89.68x | - | - |
| Total Equity | 626.94M | 523.72M | 543.45M | 602.69M | 625.73M | 695.98M | 710.64M | 754.38M | 777.15M | 857.12M | 850.76M | 405.33M | 22.25M | 103.51M | 150.14M | 197.39M | 10.67M | 83.53M | 145.74M | 196.11M |
| Equity Growth % | 0.19% | -24.75% | -23.53% | -20.11% | -19.48% | -18.8% | -16.47% | 86.11% | 3392.99% | 728.09% | 466.66% | 105.35% | 108.52% | 23.91% | 3.01% | 0.65% | -95.46% | -69.14% | -44.06% | -18.28% |
| Book Value per Share | 20.68 | 17.97 | 18.72 | 26.86 | 27.83 | 31.34 | 32.17 | 34.40 | 35.74 | 40.05 | 42.53 | 20.51 | 1.20 | 5.65 | 8.25 | 11.45 | 0.62 | 4.88 | 8.52 | 11.49 |
| Total Shareholders' Equity | 626.94M | 523.72M | 543.45M | 602.69M | 625.73M | 695.98M | 710.64M | 754.38M | 777.15M | 857.12M | 850.76M | 405.33M | 22.25M | 103.51M | 150.14M | 197.39M | 10.67M | 83.53M | 145.74M | 196.11M |
| Common Stock | 2K | 2K | 2K | 2K | 2K | 2K | 2K | 2K | 2K | 2K | 2K | 2K | 2K | 2K | 2K | 2K | 2K | 2K | 2K | 2K |
| Retained Earnings | -2.19B | -2.24B | -2.18B | -2.09B | -2.03B | -1.92B | -1.88B | -1.8B | -1.74B | -1.64B | -1.48B | -1.34B | -1.22B | -1.13B | -1.04B | -962.66M | -876.75M | -795.56M | -724.83M | -667.31M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -1.73M | 808K | 1.08M | 873K | 1.07M | 1.11M | 389K | 468K | 1.27M | -368K | -172K | 468K | -42K | -89K | -86K | -32K | -237K | -447K | -402K | -80K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |