Tarsus Pharmaceuticals, Inc. (TARS) quarterly balance sheet — complete assets, liabilities & equity history
Tarsus Pharmaceuticals, Inc. (TARS) balance sheet — 8-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 | 445.42M | 561.99M | 537.23M | 522.78M | 501.7M | 474.43M | 480.77M | 356.7M | 357.12M | 362.59M | 340.72M | 256.13M | 259.28M | 183.48M | 208.65M | 225.38M | 234.08M | 250.28M | 178.75M | 175.95M |
| Cash & Short-Term Investments | 309.61M | 449.69M | 388.73M | 417.27M | 401.84M | 381.14M | 407.92M | 291.38M | 316.95M | 323.58M | 298.52M | 227.44M | 246.88M | 178.23M | 201.22M | 217.03M | 226.57M | 245.36M | 175.3M | 171.81M |
| Cash Only | 136.53M | 204.59M | 102.19M | 183.64M | 112.72M | 96.65M | 175.79M | 94.82M | 176.21M | 181.09M | 193.71M | 224.95M | 226.67M | 106.77M | 66M | 71.66M | 169.49M | 245.36M | 175.01M | 171.33M |
| Short-Term Investments | 173.08M | 245.09M | 286.54M | 233.63M | 289.11M | 284.5M | 232.13M | 196.56M | 140.74M | 142.49M | 104.82M | 2.5M | 20.21M | 71.45M | 135.22M | 145.37M | 57.08M | 0 | 291K | 483K |
| Accounts Receivable | 102.11M | 98.31M | 117.21M | 87.11M | 74.34M | 60.24M | 64.15M | 48.06M | 30.3M | 30.84M | 31.36M | 17.71M | 6.37M | 246K | 2.92M | 3.58M | 4.01M | 620K | 323K | 92K |
| Days Sales Outstanding | 47.38 | 56.38 | 56.74 | 48.97 | 52.15 | 55.13 | 64.46 | 54.28 | 58.45 | 69.35 | 80.86 | 84.72 | 162.66 | - | 117 | 34.93 | - | 2.81 | 34.65 | 31.44 |
| Inventory | 5.16M | 4.38M | 4.57M | 4.37M | 3.84M | 3.87M | 2.71M | 2.62M | 2.85M | 2.19M | 4.04M | 3.11M | 15K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | 31.57 | 33.62 | 42.84 | 34.55 | 14.42 | 47.99 | 45.98 | 51.04 | 71.53 | 94.38 | 196.5 | 118.1 | 3.66 | - | - | - | - | - | - | - |
| Other Current Assets | 0 | 0 | 0 | 560K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Non-Current Assets | 60.08M | 49.15M | 43.91M | 39.38M | 32.86M | 20.57M | 19.98M | 20.29M | 19.18M | 14.26M | 8.55M | 9.36M | 9.05M | 5.45M | 2.57M | 2.49M | 2.39M | 2.54M | 2.73M | 2.96M |
| Property, Plant & Equipment | 31.11M | 30.4M | 27.67M | 21.75M | 15.98M | 3.41M | 3.18M | 2.87M | 4.2M | 4.21M | 3.47M | 3.35M | 3.63M | 3.68M | 1.73M | 1.53M | 1.65M | 1.78M | 1.84M | 1.83M |
| Fixed Asset Turnover | 6.33x | 5.99x | 6.56x | 8.04x | 12.24x | 31.15x | 25.91x | 18.81x | 11.45x | 10.63x | 8.10x | 3.75x | 0.51x | - | 1.53x | 6.29x | - | 8.45x | 0.29x | 0.19x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 16.64M | 6.88M | 7.13M | 7.37M | 7.61M | 7.85M | 8.09M | 8.33M | 8.57M | 3.67M | 3.77M | 3.87M | 3.97M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 6.68M | 6.68M | 5.87M | 3.87M | 5.56M | 3M | 3M | 3M | 3M | 3M | 0 | 631K | 210K | 322K | 306K | 371K | 157K | 169K | 0 | 0 |
| Other Non-Current Assets | 5.64M | 5.19M | 3.24M | 6.39M | 3.71M | 6.31M | 5.71M | 6.09M | 3.42M | 3.38M | 1.32M | 1.51M | 1.25M | 1.45M | 529K | 585K | 583K | 600K | 887K | 1.13M |
| Total Assets | 505.5M | 611.14M | 581.13M | 562.16M | 534.56M | 494.99M | 500.75M | 376.99M | 376.3M | 376.84M | 349.28M | 265.49M | 268.33M | 188.93M | 211.21M | 227.86M | 236.47M | 252.83M | 181.48M | 178.91M |
| Asset Turnover | 0.35x | 0.29x | 0.28x | 0.28x | 0.23x | 0.21x | 0.18x | 0.18x | 0.13x | 0.11x | 0.09x | 0.05x | 0.01x | - | 0.01x | 0.04x | - | 0.07x | 0.00x | 0.00x |
| Asset Growth % | -5.44% | 23.46% | 16.05% | 49.12% | 42.06% | 31.35% | 43.37% | 42% | 40.24% | 99.47% | 65.37% | 16.51% | 13.48% | -25.27% | 16.38% | 27.36% | 24.19% | 24.27% | -6.43% | 4.03% |
| Total Current Liabilities | 227.11M | 175.75M | 143.51M | 135.69M | 117.05M | 90.25M | 86.31M | 80.61M | 65.87M | 51.57M | 42.53M | 36.94M | 23.25M | 14.77M | 13.26M | 15.43M | 14.27M | 11.72M | 12.61M | 11.48M |
| Accounts Payable | 34.69M | 40.14M | 24.13M | 16.39M | 40.64M | 28.07M | 28.38M | 27.74M | 26.82M | 26.65M | 19.14M | 17.77M | 10.38M | 8.17M | 7.57M | 5.5M | 5.59M | 4.09M | 4.03M | 2.86M |
| Days Payables Outstanding | 247.76 | 241.42 | 194.05 | 240.08 | 128.53 | 411.87 | 484.65 | 509.44 | 758.65 | 693.63 | 1.02K | 1.07K | 2.26K | 2.27K | 2.31K | 1.28K | 2.11K | 707.86 | 9.39K | -9.33K |
| Short-Term Debt | 0 | 0 | 0 | 0 | 80K | 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 | 192.42M | 133.51M | 110.28M | 117.5M | 62.78M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 12K | 25K | 56K |
| Current Ratio | 1.96x | 3.20x | 3.74x | 3.85x | 4.29x | 5.26x | 5.57x | 4.42x | 5.42x | 7.03x | 8.01x | 6.93x | 11.15x | 12.43x | 15.74x | 14.61x | 16.40x | 21.36x | 14.18x | 15.33x |
| Quick Ratio | 1.94x | 3.17x | 3.71x | 3.82x | 4.25x | 5.21x | 5.54x | 4.39x | 5.38x | 6.99x | 7.92x | 6.85x | 11.15x | 12.43x | 15.74x | 14.61x | 16.40x | 21.36x | 14.18x | 15.33x |
| Cash Conversion Cycle | -168.81 | -151.42 | -94.48 | -156.56 | -61.96 | -308.75 | -374.2 | -404.11 | -628.67 | -529.91 | -738.11 | -862.21 | -2.1K | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 174.36M | 88.66M | 88.68M | 83.04M | 82.43M | 72.13M | 71.98M | 71.84M | 72.95M | 73.03M | 31.54M | 31.57M | 31.42M | 26.43M | 24.55M | 19.53M | 19.57M | 19.61M | 19.68M | 699K |
| Long-Term Debt | 72.94M | 72.76M | 72.6M | 83.04M | 72.28M | 72.13M | 71.98M | 71.84M | 71.71M | 71.58M | 29.93M | 29.82M | 29.71M | 24.61M | 24.52M | 19.43M | 19.36M | 19.26M | 19.18M | 0 |
| Capital Lease Obligations | 15.73M | 15.89M | 16.08M | 10.6M | 10.15M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 52K | 169K | 300K | 425K | 585K |
| 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 | 85.69M | 0 | 0 | -10.6M | 0 | 0 | 0 | 0 | 1.24M | 1.45M | 1.61M | 1.75M | 1.71M | 1.83M | 40K | 48K | 40K | 43K | 71K | 114K |
| Total Liabilities | 401.47M | 264.41M | 232.18M | 218.73M | 199.48M | 162.38M | 158.29M | 152.46M | 138.82M | 124.6M | 74.07M | 68.5M | 54.67M | 41.2M | 37.81M | 34.96M | 33.84M | 31.32M | 32.29M | 12.18M |
| Total Debt | 88.67M | 88.66M | 88.68M | 93.64M | 82.51M | 72.45M | 72.37M | 72.45M | 72.34M | 72.18M | 30.52M | 30.22M | 30.13M | 25.04M | 25.22M | 20.21M | 20.1M | 20.17M | 20.41M | 1.89M |
| Net Debt | -47.86M | -115.94M | -13.52M | -90M | -30.21M | -24.2M | -103.42M | -22.37M | -103.87M | -108.91M | -163.19M | -194.73M | -196.54M | -81.73M | -40.78M | -51.45M | -149.39M | -225.2M | -154.6M | -169.44M |
| Debt / Equity | 0.85x | 0.26x | 0.25x | 0.27x | 0.25x | 0.22x | 0.21x | 0.32x | 0.30x | 0.29x | 0.11x | 0.15x | 0.14x | 0.17x | 0.15x | 0.10x | 0.10x | 0.09x | 0.14x | 0.01x |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Coverage | -302.75x | -6.34x | -3.38x | -1.85x | -5.95x | -8.64x | -11.04x | -9.57x | -9.06x | -14.78x | -35.35x | -41.37x | -44.67x | -37.56x | -33.28x | -18.65x | -34.64x | -9.56x | -63.04x | - |
| Total Equity | 104.03M | 346.73M | 348.95M | 343.43M | 335.08M | 332.61M | 342.46M | 224.53M | 237.48M | 252.25M | 275.21M | 196.99M | 213.66M | 147.73M | 173.4M | 192.9M | 202.63M | 221.5M | 149.2M | 166.73M |
| Equity Growth % | -68.95% | 4.25% | 1.9% | 52.95% | 41.1% | 31.86% | 24.43% | 13.98% | 11.15% | 70.75% | 58.71% | 2.12% | 5.45% | -33.31% | 16.22% | 15.7% | 13.11% | 15.08% | -18.57% | 0.45% |
| Book Value per Share | 2.24 | 7.99 | 8.12 | 8.03 | 7.86 | 7.85 | 8.70 | 5.82 | 6.19 | 6.67 | 7.80 | 6.17 | 6.98 | 5.51 | 6.48 | 7.51 | 7.60 | 9.10 | 7.20 | 8.08 |
| Total Shareholders' Equity | 104.03M | 346.73M | 348.95M | 343.43M | 335.08M | 332.61M | 342.46M | 224.53M | 237.48M | 252.25M | 275.21M | 196.99M | 213.66M | 147.73M | 173.4M | 192.9M | 202.63M | 221.5M | 149.2M | 166.73M |
| Common Stock | 7K | 6K | 6K | 6K | 6K | 6K | 6K | 6K | 6K | 6K | 6K | 5K | 5K | 5K | 5K | 5K | 5K | 5K | 4K | 4K |
| Retained Earnings | -1.12B | -452.15M | -433.6M | -426.63M | -418.25M | -405.67M | -385.33M | -360.21M | -337.1M | -313.68M | -280.39M | -244.66M | -202.75M | -163.61M | -132.18M | -108.76M | -95.16M | -72.65M | -66.91M | -46.67M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -914K | -557K | -298K | 381K | 289K | 39K | 85K | 179K | 346K | -176K | -63K | -2K | -8K | -23K | -70K | -74K | -10K | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |