Passage Bio, Inc. (PASG) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | 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 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 34.74M | 47.76M | 55.73M | 60.31M | 66.67M | 78.81M | 87.22M | 95M | 108.29M | 117.96M | 135.71M | 153.63M | 171.62M | 197.04M | 222.52M | 250.58M | 283M | 325.07M | 366.47M | 418.84M |
| Cash & Short-Term Investments | 33.34M | 46.3M | 52.77M | 57.63M | 63.36M | 76.76M | 84.83M | 91.77M | 104.53M | 114.29M | 132.78M | 151.48M | 167.77M | 189.61M | 213.76M | 239.25M | 267.09M | 315.77M | 354.4M | 407.8M |
| Cash Only | 33.34M | 46.3M | 52.77M | 57.63M | 63.36M | 37.57M | 32.29M | 24.77M | 36.77M | 21.71M | 33.58M | 30.29M | 33.37M | 34.6M | 62.57M | 91.13M | 101.61M | 128.97M | 162.89M | 215.46M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 39.18M | 52.53M | 67M | 67.75M | 92.58M | 99.2M | 121.19M | 134.4M | 155.01M | 151.19M | 148.12M | 165.48M | 186.81M | 191.51M | 192.34M |
| Accounts Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Sales Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 1.41M | 1.46M | 2.96M | 2.69M | 2.12M | 838K | 1.21M | 1.83M | 1.78M | 923K | 1.65M | 915K | 2.26M | 926K | 7.36M | 9.11M | 13.38M | 1.73M | 3.13M | 3.86M |
| Total Non-Current Assets | 1.72M | 14.52M | 18.43M | 18.88M | 19.34M | 23.6M | 24.54M | 30.39M | 32.24M | 32.59M | 33.55M | 40.07M | 41.62M | 46.51M | 47.53M | 48.84M | 50.22M | 30.01M | 24.47M | 20.69M |
| Property, Plant & Equipment | 1.48M | 14.28M | 18.16M | 18.61M | 19.06M | 23.13M | 24.07M | 29.88M | 31.58M | 32.15M | 33.11M | 39.64M | 41.19M | 42.24M | 42.81M | 43.62M | 44.5M | 23.81M | 17.77M | 13.48M |
| Fixed Asset Turnover | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 244K | 244K | 270K | 270K | 274K | 463K | 463K | 516K | 662K | 433K | 433K | 433K | 433K | 4.27M | 4.72M | 5.22M | 5.72M | 6.2M | 6.71M | 7.21M |
| Total Assets | 36.46M | 62.28M | 74.16M | 79.2M | 86.01M | 102.41M | 111.75M | 125.39M | 140.53M | 150.54M | 169.26M | 193.7M | 213.24M | 243.55M | 270.05M | 299.42M | 333.22M | 355.08M | 390.94M | 439.52M |
| Asset Turnover | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Asset Growth % | -57.61% | -39.19% | -33.64% | -36.84% | -38.8% | -31.97% | -33.97% | -35.26% | -34.1% | -38.19% | -37.32% | -35.31% | -36.01% | -31.41% | -30.92% | -31.88% | -28.37% | 8.25% | 8.99% | 16.25% |
| Total Current Liabilities | 20.1M | 23.08M | 22.25M | 19.8M | 17.82M | 19.36M | 16.95M | 12.38M | 12.84M | 16.34M | 19.81M | 19.87M | 17.24M | 18.35M | 21.62M | 27.13M | 27.48M | 29.5M | 22.25M | 31.25M |
| Accounts Payable | 1.31M | 1.11M | 952K | 2.4M | 1.46M | 742K | 1.49M | 621K | 1.69M | 1.3M | 2.75M | 3.38M | 3.03M | 4.07M | 4.51M | 8.21M | 9.13M | 9.45M | 8.98M | 16.4M |
| Days Payables Outstanding | 845.23 | - | - | 876.56 | - | 142.73 | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Short-Term Debt | 1.15M | 3.57M | 3.54M | 0 | 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 | 17.64M | 18.4M | 17.75M | 11.32M | 10.3M | 12.63M | 8.96M | 6.11M | 2.13M | 6.64M | 4M | 5M | 4.03M | 85K | 579K | 1.14M | 2.12M | 661K | 626K | 2.26M |
| Current Ratio | 1.73x | 2.07x | 2.51x | 3.05x | 3.74x | 4.07x | 5.15x | 7.67x | 8.43x | 7.22x | 6.85x | 7.73x | 9.95x | 10.74x | 10.29x | 9.24x | 10.30x | 11.02x | 16.47x | 13.40x |
| Quick Ratio | 1.73x | 2.07x | 2.51x | 3.05x | 3.74x | 4.07x | 5.15x | 7.67x | 8.43x | 7.22x | 6.85x | 7.73x | 9.95x | 10.74x | 10.29x | 9.24x | 10.30x | 11.02x | 16.47x | 13.40x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 4.61M | 20.44M | 20.8M | 21.14M | 21.48M | 21.79M | 22.09M | 22.45M | 22.81M | 22.92M | 23.17M | 23.41M | 25.65M | 23.83M | 24.04M | 24.24M | 24.43M | 6.92M | 6.46M | 6.01M |
| Long-Term Debt | 4.61M | 20.44M | 20.8M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 0 | 0 | 0 | 21.14M | 21.48M | 21.79M | 22.09M | 22.45M | 22.81M | 22.92M | 23.17M | 23.41M | 23.65M | 23.83M | 24.04M | 24.24M | 24.43M | 0 | 0 | 0 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2M | 0 | 0 | 0 | 0 | 6.92M | 6.46M | 6.01M |
| Total Liabilities | 24.71M | 43.53M | 43.04M | 40.94M | 39.3M | 41.15M | 39.04M | 34.84M | 35.65M | 39.26M | 42.98M | 43.28M | 42.89M | 42.18M | 45.66M | 51.37M | 51.91M | 36.42M | 28.71M | 37.26M |
| Total Debt | 5.75M | 24.01M | 24.34M | 24.73M | 25.12M | 25.48M | 25.82M | 26.15M | 26.48M | 26.29M | 26.52M | 26.74M | 26.95M | 27.11M | 27.29M | 27.47M | 27.55M | 0 | 0 | 0 |
| Net Debt | -27.58M | -22.29M | -28.44M | -32.9M | -38.24M | -12.1M | -6.47M | 1.38M | -10.29M | 4.58M | -7.06M | -3.55M | -6.42M | -7.49M | -35.28M | -63.66M | -74.06M | -128.97M | -162.89M | -215.46M |
| Debt / Equity | 0.49x | 1.28x | 0.78x | 0.65x | 0.54x | 0.42x | 0.36x | 0.29x | 0.25x | 0.24x | 0.21x | 0.18x | 0.16x | 0.13x | 0.12x | 0.11x | 0.10x | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Coverage | - | - | - | - | - | - | - | - | - | -11.94x | - | - | - | - | - | - | - | - | - | - |
| Total Equity | 11.75M | 18.75M | 31.12M | 38.26M | 46.71M | 61.26M | 72.72M | 90.56M | 104.88M | 111.28M | 126.28M | 150.41M | 170.35M | 201.37M | 224.4M | 248.05M | 281.31M | 318.66M | 362.23M | 402.27M |
| Equity Growth % | -74.84% | -69.39% | -57.2% | -57.75% | -55.47% | -44.95% | -42.42% | -39.79% | -38.43% | -44.74% | -43.73% | -39.36% | -39.44% | -36.81% | -38.05% | -38.34% | -36.28% | 4.58% | 6.88% | 10.7% |
| Book Value per Share | 3.67 | 5.91 | 9.82 | 12.07 | 15.04 | 19.74 | 23.55 | 29.36 | 37.26 | 40.51 | 46.10 | 55.01 | 62.38 | 73.74 | 82.39 | 91.22 | 103.66 | 118.03 | 145.46 | 149.30 |
| Total Shareholders' Equity | 11.75M | 18.75M | 31.12M | 38.26M | 46.71M | 61.26M | 72.72M | 90.56M | 104.88M | 111.28M | 126.28M | 150.41M | 170.35M | 201.37M | 224.4M | 248.05M | 281.31M | 318.66M | 362.23M | 402.27M |
| Common Stock | 0 | 0 | 0 | 0 | 6K | 6K | 6K | 6K | 6K | 5K | 5K | 5K | 5K | 5K | 5K | 5K | 5K | 5K | 5K | 5K |
| Retained Earnings | -712.32M | -704.76M | -691.77M | -684.02M | -674.64M | -659.24M | -646.51M | -627.17M | -611.18M | -594.47M | -577.71M | -550.6M | -526.74M | -492.41M | -465.33M | -438.63M | -399.09M | -356.28M | -305.13M | -258.21M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 8K | 32K | -67K | -69K | -43K | -192K | -340K | -427K | -966K | -1.47M | -1.58M | -1.33M | -413K | 33K | 19K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |