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Coherus BioSciences CHRS
$ 1.4 4.89%
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Quarterly report 2026-Q2
added 08-05-2026

Coherus BioSciences Balance Sheet 2025-2011 | CHRS

Brief overview of Coherus BioSciences's balance sheet strength

The review uses the five latest available annual reports between 2021 and 2025.

Assets fell from $679.3 million to $258.3 million. This may reflect either deliberate optimization or a reduction in business scale.

Assets and liabilities changed at similar rates, -62% and -66.1%. The funding mix did not shift sharply.

The equity ratio equals 23.6%, with a starting level of 14.4%. Stable cash flow is important under this structure.

Net debt moved below zero to -$85.6 million, reflecting surplus cash over debt.

The cash share moved from 61.4% to 34.4%. A higher figure generally provides more room in an adverse scenario.

Retained earnings are negative at -$1.4 billion. This reduces the formal capital cushion, although large shareholder returns may have contributed.

What the balance sheet shows

Coherus BioSciences's financial structure is not clear-cut. Asset scale alone does not resolve questions about how those assets are funded.

Annual Balance Sheet Coherus BioSciences

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

Net Debt

-85.6 M -121 M -101 M -59 M -414 M -135 M 11 M 30.7 M -25.1 M -23.8 M -158 M -150 M -35.4 M -12.8 M -

Long Term Debt

1.46 M 3.29 M 351 K 1.42 M 498 K 404 M 178 M 103 M 102 M 100 M - - - - -

Long Term Debt Current

1.83 M 1.69 M 1.42 M 3.13 M 2.75 M 2.57 M 2.2 M - - - - - - - -

Total Non Current Liabilities

- - - - - - 189 M 105 M 104 M 103 M 113 M 68.7 M 36.1 M 6.09 M -

Total Current Liabilities

140 M 283 M 332 M 139 M 165 M 146 M 115 M 33.3 M 28.4 M 56.4 M 106 M 51.8 M - - -

Total Liabilities

197 M 581 M 823 M 618 M 582 M 561 M 304 M 138 M 132 M 159 M 219 M 120 M 89.8 M 17.3 M -

Deferred Revenue

- - - - - - - - - 1.96 M 51 M 24 M 14.3 M 2.02 M -

Retained Earnings

-1.38 B -1.55 B -1.58 B -1.34 B -1.05 B -763 M -895 M -985 M -775 M -537 M -410 M -187 M -99.6 M -46 M -

Total Assets

258 M 449 M 630 M 481 M 679 M 842 M 409 M 99.5 M 163 M 178 M 212 M 187 M 47.4 M 26.5 M -

Cash and Cash Equivalents

88.9 M 126 M 103 M 63.5 M 417 M 541 M 178 M 72.4 M 127 M 125 M 158 M 150 M 39.6 M 14.5 M -

Book Value

61 M -132 M -193 M -137 M 97.7 M 281 M 105 M -38.6 M 30.5 M 19.4 M -6.93 M 66.8 M -42.4 M 9.19 M -

Total Shareholders Equity

61 M -132 M -193 M -137 M 97.7 M 281 M 105 M -38.6 M 31.8 M 20.5 M -6.21 M 66.8 M -97.1 M -45.5 M -

All numbers in USD currency

Quarterly Balance Sheet Coherus BioSciences

2026-Q2 2026-Q1 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

459 K - - - - - - - - - - - - - - - - 498 K - - 869 K 875 K 986 K 952 K 875 K 73.7 M 10.3 M 73.3 M 73.1 M - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Total Liabilities

130 M 187 M 429 M 320 M 555 M 581 M 593 M 759 M 845 M 823 M 717 M 644 M 599 M 618 M 648 M - 581 M 582 M 611 M 583 M 566 M 561 M 561 M 561 M 561 M 304 M 304 M 304 M 304 M 138 M 138 M 138 M 138 M 132 M 132 M 132 M 132 M 159 M 159 M 159 M 159 M 219 M 219 M 219 M 219 M 120 M 120 M 120 M 120 M 89.8 M 89.8 M - - - - - - - - - -

Deferred Revenue

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 669 K 892 K 892 K 892 K 892 K 49.6 M 49.6 M 49.6 M 49.6 M 22.8 M 22.8 M 22.8 M 22.8 M 14.3 M 14.3 M - - - - - - - - - -

Retained Earnings

-1.44 B -1.42 B -1.35 B -1.31 B -1.61 B -1.55 B -1.5 B -1.49 B -1.48 B -1.58 B -1.5 B -1.46 B -1.42 B -1.34 B -1.28 B - -1.15 B -1.05 B -1 B -966 M -936 M -763 M -763 M -763 M -763 M -895 M -895 M -895 M -895 M -985 M -985 M -985 M -985 M -775 M -775 M -775 M -775 M -537 M -537 M -537 M -537 M -410 M -410 M -410 M -410 M -187 M -187 M -187 M -187 M -99.6 M -99.6 M - - - - - - - - - -

Total Assets

191 M 266 M 517 M 439 M 371 M 449 M 505 M 675 M 764 M 630 M 584 M 470 M 402 M 481 M 551 M - 593 M 679 M 742 M 740 M 693 M 842 M 842 M 842 M 842 M 409 M 409 M 409 M 409 M 99.5 M 99.5 M 99.5 M 99.5 M 163 M 163 M 163 M 163 M 178 M 178 M 178 M 178 M 212 M 212 M 212 M 212 M 187 M 187 M 187 M 187 M 47.4 M 47.4 M - - - - - - - - - -

Cash and Cash Equivalents

82.9 M 115 M 103 M 217 M 82.4 M 126 M 98 M 160 M 260 M 103 M 80.3 M 72.9 M 16.1 M 63.5 M 287 M 275 M 326 M 417 M 361 M 330 M 259 M 541 M 541 M 541 M 541 M 178 M 178 M 178 M 178 M 72.4 M 72.4 M 72.4 M 72.4 M 127 M 127 M 127 M 127 M 125 M 125 M 125 M 125 M 158 M 158 M 158 M 158 M 150 M 150 M 150 M 150 M 39.6 M 39.6 M - - 14.5 M - - - 7.68 M - - -

Book Value

60.8 M 78.6 M 87.8 M 120 M -183 M -132 M -88 M -84.1 M -81.8 M -193 M -134 M -175 M -197 M -137 M -97.1 M - 12.6 M 97.7 M 131 M 156 M 128 M 281 M 281 M 281 M 281 M 105 M 105 M 105 M 105 M -38.6 M -38.6 M -38.6 M -38.6 M 30.5 M 30.5 M 30.5 M 30.5 M 19.4 M 19.4 M 19.4 M 19.4 M -6.93 M -6.93 M -6.93 M -6.93 M 66.8 M 66.8 M 66.8 M 66.8 M -42.4 M -42.4 M - - - - - - - - - -

Total Shareholders Equity

60.8 M 78.6 M 87.8 M 120 M -183 M -132 M -88 M -84.1 M -81.8 M -193 M -134 M -175 M -197 M -137 M -97.1 M -22.6 M 12.6 M 97.7 M 131 M 156 M 128 M 281 M 281 M 281 M 281 M 105 M 105 M 105 M 105 M -38.6 M 12.4 M 63.2 M -1.79 M 30.5 M 31.8 M 31.8 M 31.8 M 20.5 M 20.5 M 20.5 M 20.5 M -6.21 M -6.21 M -6.21 M -6.21 M 66.8 M 66.8 M 66.8 M 66.8 M -97.1 M -97.1 M - - -45.5 M - - - -2.31 M - - -

All numbers in USD currency

Balance Sheet is a fundamental financial report of Coherus BioSciences, 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.

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