Acasti Pharma  logo
Acasti Pharma ACST
report update icon

Quarterly report 2027-Q1
added 08-13-2026

Acasti Pharma Balance Sheet 2026-2011 | ACST

Brief overview of Acasti Pharma 's balance sheet structure

Balance sheet changes are traced across five available annual reports between 2022 and 2026.

Assets fell from $128.6 million to $66.7 million. This may reflect either deliberate optimization or a reduction in business scale.

Assets outpaced liabilities, -48.2% versus -86.4%. Dependence on external funding declined.

Equity funds 95.9% of assets versus 84.2% initially. This creates a conservative balance sheet structure.

The cash share moved from 23.6% to 25.5%. A higher figure generally provides more room in an adverse scenario.

Retained earnings are negative at -$228.5 million. This reduces the formal capital cushion, although large shareholder returns may have contributed.

Conclusion

Acasti Pharma retains a reasonably healthy balance sheet structure, which still needs support from earnings and cash flow.

Annual Balance Sheet Acasti Pharma

2026 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011

Net Debt

- - - -27.4 M -30 M - - -15.5 M -5.12 M - -2.23 M -1.05 M -607 K -1.17 M -1.6 M -329 K

Long Term Debt

- - - 410 K 191 K - - - 1.25 M - - - - - - -

Long Term Debt Current

- - - 75 K 104 K 86 K 76 K - - - - - - - - -

Total Non Current Liabilities

- - - - - - - 12.2 M 6.22 M - 115 K 1.88 M 10 M - - 4.27 M

Total Current Liabilities

2.15 M 1.93 M 1.68 M 3.41 M 3.26 M 1.58 M 7.4 M - - - - - - - - -

Total Liabilities

2.76 M 5.38 M 11.6 M 11.2 M 20.4 M 6.8 M - 25.8 M 11.4 M - 957 K 3.18 M 11.1 M 2.39 M 1.27 M 5.24 M

Retained Earnings

-228 M -221 M -211 M -198 M -156 M -146 M - -92.8 M -56 M - -29.2 M -26.6 M -28.5 M -19.6 M -13.2 M -14.3 M

Total Assets

66.7 M 72 M 73.3 M 79.1 M 129 M 62.5 M 14 K 36.3 M 17.8 M - 21 M 29.7 M 41 M 11.9 M 15.8 M 3.4 M

Cash and Cash Equivalents

17 M 22.1 M 23 M 27.9 M 30.3 M 50.9 M 14.2 M - - - - - - - - -

Book Value

63.9 M 66.6 M 61.7 M 68 M 108 M 55.7 M 14 K 10.5 M 6.37 M - 20.1 M 26.6 M 29.9 M 9.5 M 14.6 M -1.84 M

Total Shareholders Equity

63.9 M 66.6 M 61.7 M 68 M 108 M 55.7 M 13 M 11 M - - - - - - - -

All numbers in USD currency

Quarterly Balance Sheet Acasti Pharma

2027-Q1 2026-Q4 2026-Q3 2026-Q2 2026-Q1 2025-Q4 2025-Q3 2025-Q2 2025-Q1 2024-Q4 2024-Q3 2024-Q2 2024-Q1 2023-Q4 2023-Q3 2023-Q2 2023-Q1 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1

Long Term Debt

- - - - - - - - - - - - - - - - 410 K 430 K 450 K 174 K 191 K - - - - - 38 K 56 K 71 K - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Total Liabilities

2.76 M 5.38 M 3.6 M 3.76 M 6.26 M 3.6 M 3.76 M 6.26 M 5.38 M 9.08 M 9.22 M 10.4 M 11.6 M 11.5 M 11.5 M 9.02 M 11.2 M 20.1 M 20.7 M 20.5 M 20.4 M 3.16 M 5.59 M 7 M 6.8 M 4.59 M 4.96 M 9.11 M 9.86 M - - - 25.9 M - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Retained Earnings

-228 M -221 M -227 M -225 M -224 M -227 M -225 M -224 M -221 M -221 M -217 M -214 M -211 M -208 M -206 M -202 M -198 M -169 M -165 M -160 M -156 M -152 M -148 M -149 M -146 M -140 M -137 M -131 M -126 M - - - -101 M - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Total Assets

66.7 M 72 M 68.5 M 66.6 M 69.8 M 68.5 M 66.6 M 69.8 M 72 M 61.2 M 65.3 M 69.7 M 73.3 M 76.2 M 78.2 M 73 M 79.1 M 117 M 121 M 125 M 129 M 114 M 120 M 60.5 M 62.5 M 30.3 M 13.8 M 20.1 M 22.9 M - - - 36.9 M - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Cash and Cash Equivalents

22.1 M 23 M 18.7 M 16.9 M 20 M 18.7 M 16.9 M 20 M 22.1 M 836 K 1.02 M 3.04 M 23 M 2.06 M 10.6 M 5.41 M 27.9 M 26.2 M 34.9 M 38.4 M 30.3 M 33 M 36.9 M 41 M 50.9 M 26.5 M 11.6 M 12.1 M 14.2 M 16.9 M 2.62 M 1.11 M 16.9 M 6.42 M - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Book Value

63.9 M 66.6 M 64.9 M 62.8 M 63.6 M 64.9 M 62.8 M 63.6 M 66.6 M 52.1 M 56.1 M 59.4 M 61.7 M 64.7 M 66.7 M 64 M 68 M 96.7 M 100 M 104 M 108 M 111 M 114 M 53.5 M 55.7 M 25.7 M 8.87 M 11 M 13 M - - - 11 M - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Total Shareholders Equity

66.6 M 61.7 M 64.9 M 62.8 M 63.6 M 64.9 M 62.8 M 63.6 M 66.6 M 52.1 M 56.1 M 59.4 M 61.7 M 64.7 M 66.7 M 64 M 68 M 96.7 M 100 M 104 M 108 M 111 M 114 M 53.5 M 55.7 M 25.7 M 25.7 M 8.87 M 11 M -4.29 M -759 K 3.28 M 11 M - - - 7.19 M - - - - - - - - - - - - - - - - - - - - - - - - - - - -

All numbers in USD currency

Balance Sheet is a fundamental financial report of Acasti Pharma , providing a complete picture of the company’s financial position at a specific point in time. Unlike the income statement, which records the results of operations over a certain period, the balance sheet shows what assets the company owns, what liabilities it has to creditors, and what equity is available to the owners.

For an investor, the balance sheet is important because it allows assessing the company’s financial stability, understanding how much debt it carries, and how dependent it is on borrowed financing. It helps calculate key liquidity and leverage ratios. When analyzing, attention should be paid to the debt-to-equity ratio (Debt/Equity), the amount of cash on the balance sheet, and the ratio of current liabilities to liquid assets.

Features of balance sheet analysis
  • Vertical and horizontal analysis
    Vertical analysis shows the structure of the balance sheet as a percentage of total assets or liabilities, while horizontal analysis shows the dynamics of changes over multiple periods.
  • Asset quality
    It is important to evaluate not only the amount of assets but also their liquidity and realizability.
  • Accounting for off-balance sheet liabilities
    Some liabilities may not be directly reflected in the balance sheet, which requires additional attention.

Balance sheet of other industry stocks – Biotechnology

Issuer Price % 24h Market Cap Country
Aprea Therapeutics Aprea Therapeutics
APRE
$ 0.75 0.16 % $ 4.9 M usaUSA
Aptevo Therapeutics Aptevo Therapeutics
APVO
$ 1.82 0.54 % $ 574 K usaUSA
Aquestive Therapeutics Aquestive Therapeutics
AQST
$ 4.63 0.11 % $ 495 M usaUSA
Arcturus Therapeutics Holdings Arcturus Therapeutics Holdings
ARCT
$ 13.69 0.36 % $ 375 M israelIsrael
Ardelyx Ardelyx
ARDX
$ 3.42 0.88 % $ 824 M usaUSA
argenx SE argenx SE
ARGX
$ 958.91 1.33 % $ 58.8 B niderlandNiderland
Armata Pharmaceuticals Armata Pharmaceuticals
ARMP
$ 3.67 2.23 % $ 133 M usaUSA
Arcutis Biotherapeutics Arcutis Biotherapeutics
ARQT
$ 26.43 0.09 % $ 3.36 B usaUSA
Artelo Biosciences Artelo Biosciences
ARTL
$ 4.04 1.11 % $ 764 K usaUSA
Arvinas Arvinas
ARVN
$ 7.74 3.13 % $ 549 M usaUSA
Arrowhead Pharmaceuticals Arrowhead Pharmaceuticals
ARWR
$ 65.45 1.21 % $ 8.75 B usaUSA
Assembly Biosciences Assembly Biosciences
ASMB
$ 23.49 0.04 % $ 263 M usaUSA
Ascendis Pharma A/S Ascendis Pharma A/S
ASND
$ 227.83 0.5 % $ 13.8 B danmarkDanmark
Alterity Therapeutics Limited Alterity Therapeutics Limited
ATHE
$ 3.65 1.09 % $ 23.3 B australiaAustralia
Actinium Pharmaceuticals Actinium Pharmaceuticals
ATNM
$ 1.12 0.88 % $ 34.9 M usaUSA
Atossa Therapeutics Atossa Therapeutics
ATOS
$ 1.95 1.51 % $ 16.8 M usaUSA
Atara Biotherapeutics Atara Biotherapeutics
ATRA
$ 8.5 5.59 % $ 107 M usaUSA
Aurinia Pharmaceuticals Aurinia Pharmaceuticals
AUPH
$ 16.2 0.49 % $ 2.18 B canadaCanada
Autolus Therapeutics plc Autolus Therapeutics plc
AUTL
$ 1.94 4.3 % $ 516 M britainBritain
Atea Pharmaceuticals Atea Pharmaceuticals
AVIR
$ 5.21 0.58 % $ 425 M usaUSA
Anavex Life Sciences Corp. Anavex Life Sciences Corp.
AVXL
$ 2.02 0.43 % $ 172 M usaUSA
Axon Enterprise Axon Enterprise
AXON
$ 422.52 0.7 % $ 33 B usaUSA
Axsome Therapeutics Axsome Therapeutics
AXSM
$ 184.39 0.73 % $ 9.17 B usaUSA
Aytu BioScience Aytu BioScience
AYTU
$ 2.14 1.38 % $ 26.4 M usaUSA
BridgeBio Pharma BridgeBio Pharma
BBIO
$ 65.8 0.34 % $ 12.6 B usaUSA
BioCardia BioCardia
BCDA
$ 1.01 0.96 % $ 6.73 M usaUSA
BioCryst Pharmaceuticals BioCryst Pharmaceuticals
BCRX
$ 8.33 0.73 % $ 1.75 B usaUSA
Bicycle Therapeutics plc Bicycle Therapeutics plc
BCYC
$ 3.68 0.82 % $ 255 M britainBritain
Black Diamond Therapeutics Black Diamond Therapeutics
BDTX
$ 1.89 0.8 % $ 107 M usaUSA
Beam Therapeutics Beam Therapeutics
BEAM
$ 24.45 0.37 % $ 2.42 B usaUSA
Biogen Biogen
BIIB
$ 225.88 0.15 % $ 33.1 B usaUSA
BioVie BioVie
BIVI
$ 1.52 1.95 % $ 2.25 M usaUSA
BioLineRx Ltd. BioLineRx Ltd.
BLRX
$ 2.32 2.67 % $ 5.72 B israelIsrael
BioMarin Pharmaceutical BioMarin Pharmaceutical
BMRN
$ 60.0 0.22 % $ 11.5 B usaUSA
Bristol-Myers Squibb Company Bristol-Myers Squibb Company
BMY
$ 62.4 0.19 % $ 127 B usaUSA
Benitec Biopharma Benitec Biopharma
BNTC
$ 10.0 2.56 % $ 466 M usaUSA
BioNTech SE BioNTech SE
BNTX
$ 98.3 0.02 % $ 23.8 B germanyGermany
Burford Capital Limited Burford Capital Limited
BUR
$ 3.92 0.51 % $ 859 M britainBritain
BeyondSpring BeyondSpring
BYSI
$ 0.77 2.15 % $ 31.7 M usaUSA
Cabaletta Bio Cabaletta Bio
CABA
$ 1.92 0.75 % $ 193 M usaUSA
Can-Fite BioPharma Ltd. Can-Fite BioPharma Ltd.
CANF
$ 2.2 0.92 % $ 3.62 M israelIsrael
Capricor Therapeutics Capricor Therapeutics
CAPR
$ 9.47 10.5 % $ 440 M usaUSA
Catalyst Biosciences Catalyst Biosciences
CBIO
$ 14.59 1.58 % $ 1.3 B usaUSA
C4 Therapeutics C4 Therapeutics
CCCC
$ 3.33 6.39 % $ 276 M usaUSA
Codexis Codexis
CDXS
$ 1.39 2.96 % $ 121 M usaUSA
Cerus Corporation Cerus Corporation
CERS
$ 2.38 0.82 % $ 454 M usaUSA
Certara Certara
CERT
$ 9.2 0.11 % $ 1.48 B usaUSA
Cullinan Management Cullinan Management
CGEM
$ 15.35 0.79 % $ 925 M usaUSA
Compugen Ltd. Compugen Ltd.
CGEN
$ 2.38 1.28 % $ 222 M israelIsrael
Coherus BioSciences Coherus BioSciences
CHRS
$ 1.21 2.54 % $ 142 M usaUSA