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Stock impact report

We're Keeping An Eye On Sage Therapeutics' (NASDAQ:SAGE) Cash Burn Rate [Yahoo! Finance]

Sage Therapeutics, Inc. (SAGE) 
Last sage therapeutics, inc. earnings: 2/27 06:30 am Check Earnings Report
US:NASDAQ Investor Relations: investor.sagerx.com/investor-relations
Company Research Source: Yahoo! Finance
after listing, if you had bought and held the shares since 1999, you would have made a fortune. But the harsh reality is that very many loss making companies burn through all their cash and go bankrupt. So, the natural question for Sage Therapeutics NASDAQ:SAGE ) shareholders is whether they should be concerned by its rate of cash burn. For the purpose of this article, we'll define cash burn as the amount of cash the company is spending each year to fund its growth (also called its negative free cash flow). The first step is to compare its cash burn with its cash reserves, to give us its 'cash runway'. View our latest analysis for Sage Therapeutics How Long Is Sage Therapeutics' Cash Runway? A cash runway is defined as the length of time it would take a company to run out of money if it kept spending at its current rate of cash burn. When Sage Therapeutics last reported its December 2023 balance sheet in February 2024, it had zero debt and cash worth US$753m. Looking at the la Show less Read more
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