Ascendis Pharma A/S (ASND) 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 | 1.12B | 1.11B | 1.02B | 952.96M | 921.49M | 1.06B | 973.74M | 627.32M | 664.11M | 702.72M | 732.92M | 677.68M | 809.85M | 923.47M | 1.08B | 1.11B | 1.12B | 805.89M | 956.59M | 584.25M |
| Cash & Short-Term Investments | 573.42M | 615.78M | 539.09M | 494.05M | 517.92M | 559.54M | 625.51M | 258.7M | 320.24M | 399.44M | 455.43M | 431.1M | 585.74M | 735.46M | 919.81M | 955.15M | 978.7M | 682.06M | 858.29M | 550.63M |
| Cash Only | 573.42M | 615.78M | 539.09M | 494.05M | 517.92M | 559.54M | 625.51M | 258.7M | 320.24M | 392.16M | 441.27M | 394.22M | 501.28M | 444.77M | 608.33M | 672.39M | 755.64M | 446.27M | 692.94M | 384.54M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7.28M | 14.16M | 36.88M | 84.46M | 290.69M | 311.48M | 282.77M | 223.06M | 235.8M | 165.35M | 166.09M |
| Accounts Receivable | 196.81M | 157.63M | 147.25M | 110.45M | 66.69M | 166.28M | 33.1M | 49.16M | 41.09M | 35.87M | 26.79M | 20.21M | 16.12M | 11.91M | 6.66M | 4.37M | 5.81M | 2.2M | 533K | 394K |
| Days Sales Outstanding | 63.63 | 57.2 | 55.49 | 51 | 103.84 | 52.73 | 65.43 | 114.08 | 36.52 | 20.93 | 45.02 | 34.88 | 37.55 | 37.3 | 33.17 | 75.17 | 52.78 | 25.67 | 38.31 | 20.21 |
| Inventory | 314.67M | 301.4M | 302.02M | 303.38M | 293.07M | 295.61M | 265.43M | 251.2M | 232.68M | 208.93M | 189.13M | 167.92M | 150.85M | 130.67M | 103.97M | 101.32M | 92.44M | 75.41M | 55.27M | 0 |
| Days Inventory Outstanding | 1.28K | 1.02K | 1.25K | 862.99 | 1.51K | 1.84K | 2.12K | 1.92K | 2.65K | 941.1 | 2.22K | 1.12K | 2.74K | 2.11K | 5.58K | 8.12K | 1.78K | 1.71K | - | - |
| Other Current Assets | 3 | 0 | 0 | 10.77M | 10.14M | 11.16M | 17.25M | 31.52M | 27.6M | 19.9M | 23.24M | 15.49M | 18.44M | 13.72M | 14.89M | 16.18M | 16.14M | 20.99M | 20.26M | 11.4M |
| Total Non-Current Assets | 881.86M | 193.5M | 136.97M | 134.94M | 139.95M | 118.63M | 120.04M | 130.98M | 138.39M | 122.87M | 140.29M | 146.15M | 156.43M | 166.27M | 193.52M | 214.74M | 256.17M | 279.04M | 248.65M | 267.6M |
| Property, Plant & Equipment | 136.06M | 146.42M | 101.76M | 93.54M | 92.45M | 98.71M | 97.52M | 104.04M | 107.16M | 110.63M | 125.53M | 125.36M | 127.76M | 129.09M | 139.34M | 133.22M | 127.68M | 126.05M | 126.3M | 123.92M |
| Fixed Asset Turnover | 1.77x | 1.98x | 2.19x | 1.70x | 1.06x | 1.77x | 0.57x | 0.34x | 0.88x | 1.17x | 0.38x | 0.37x | 0.26x | 0.17x | 0.11x | 0.05x | 0.05x | 0.04x | 0.01x | 0.01x |
| Goodwill | 3.69M | 3.49M | 0 | 0 | 0 | 3.5M | 0 | 0 | 0 | 3.5M | 0 | 0 | 0 | 3.5M | 4.93M | 5.04M | 0 | 3.5M | 0 | 0 |
| Intangible Assets | 0 | 214.91K | 3.74M | 3.79M | 3.91M | 533K | 4.11M | 4.19M | 4.3M | 924K | 4.5M | 4.61M | 4.72M | 1.33M | 4.94K | 5.05K | 5.16M | 1.78M | 5.38M | 5.5M |
| Long-Term Investments | 50.98M | 43.38M | 28.3M | 34.9M | 40.94M | 13.57M | 16.21M | 20.56M | 24.8M | 5.69M | 8.12M | 14.11M | 21.97M | 30.42M | 47.34M | 74.63M | 121.51M | 145.91M | 115.25M | 136.48M |
| Other Non-Current Assets | 0 | 0 | 3.16M | 2.71M | 2.66M | 2.32M | 2.2M | 2.19M | 2.13M | 2.13M | 2.14M | 2.07M | 1.98M | 1.92M | 1.9M | 1.84M | 1.82M | 1.81M | 1.71M | 1.7M |
| Total Assets | 2.01B | 1.3B | 1.15B | 1.09B | 1.06B | 1.18B | 1.09B | 758.3M | 802.5M | 825.59M | 873.21M | 823.82M | 966.27M | 1.09B | 1.27B | 1.33B | 1.38B | 1.08B | 1.21B | 851.85M |
| Asset Turnover | 0.15x | 0.20x | 0.19x | 0.15x | 0.09x | 0.15x | 0.06x | 0.05x | 0.12x | 0.16x | 0.06x | 0.05x | 0.03x | 0.02x | 0.01x | 0.00x | 0.01x | 0.00x | 0.00x | 0.00x |
| Asset Growth % | 88.93% | 10.39% | 5.57% | 43.47% | 32.27% | 42.87% | 25.26% | -7.95% | -16.95% | -24.24% | -31.43% | -37.91% | -29.84% | 0.44% | 5.66% | 55.76% | 42.67% | 10.73% | 15.21% | 51.95% |
| Total Current Liabilities | 1.13B | 1.07B | 986.48M | 935M | 885.51M | 907.86M | 838.46M | 847.74M | 798.97M | 736.51M | 212.76M | 192.27M | 198.36M | 171.27M | 142.84M | 115.13M | 95.36M | 100.36M | 116.12M | 70.3M |
| Accounts Payable | 78.67M | 90.62M | 78.6M | 93.72M | 84.37M | 96.39M | 75.27M | 99.53M | 94.53M | 94.57M | 121.55M | 122.12M | 131.44M | 101.03M | 86.1M | 74.98M | 70.68M | 59.42M | 76.47M | 44.21M |
| Days Payables Outstanding | 352.28 | 286.21 | 354.6 | 257.67 | 464.37 | 563.11 | 717.84 | 770.12 | 1.14K | 510.94 | 1.52K | 892.33 | 2.26K | 1.68K | 4.38K | 6.1K | 1.38K | 1.77K | - | - |
| Short-Term Debt | 511.09M | 486.32M | 482.28M | 462.35M | 489.96M | 491.54M | 449.73M | 453.59M | 439.39M | 421.27M | 11.82M | 26.56M | 25.39M | 11.63M | 20.1M | 14.08M | 0 | 7M | 0 | 0 |
| Deferred Revenue (Current) | 5.37M | 4.94M | 4.16M | 1.79M | 1.19M | 936K | 1.59M | 1.29M | 1.18M | 1.18M | 4.03M | 4.15M | 10M | 0 | 3.14M | 0 | 265K | 2.6M | 36K | 145K |
| Other Current Liabilities | 524.99M | 480.63M | 419.83M | 376.43M | 308.42M | 317.77M | 310.86M | 292.24M | 260.54M | 203.02M | 54.44M | 33.67M | 24.66M | 39.33M | 33.38M | 25.98M | 14.98M | 24.15M | 0 | 0 |
| Current Ratio | 1.00x | 1.04x | 1.03x | 1.02x | 1.04x | 1.17x | 1.16x | 0.74x | 0.83x | 0.95x | 3.44x | 3.52x | 4.08x | 5.39x | 7.56x | 9.66x | 11.76x | 8.03x | 8.24x | 8.31x |
| Quick Ratio | 0.72x | 0.76x | 0.73x | 0.69x | 0.71x | 0.84x | 0.84x | 0.44x | 0.54x | 0.67x | 2.56x | 2.65x | 3.32x | 4.63x | 6.83x | 8.78x | 10.79x | 7.28x | 7.76x | 8.31x |
| Cash Conversion Cycle | 993.37 | 791.59 | 946.69 | 656.32 | 1.15K | 1.33K | 1.47K | 1.26K | 1.55K | 451.09 | 750.95 | 264.37 | 515.24 | 464.85 | 1.23K | 2.09K | 452.76 | -42.39 | - | - |
| Total Non-Current Liabilities | 388.95M | 395.83M | 342.34M | 340.47M | 365.74M | 377.34M | 352.65M | 231.7M | 241.71M | 234.78M | 733.89M | 566.71M | 600.71M | 655.12M | 679.03M | 603.86M | 609.08M | 100.93M | 95.55M | 94.06M |
| Long-Term Debt | 386.51M | 385.09M | 331.37M | 330.19M | 357.31M | 365.08M | 338.93M | 219.05M | 229.63M | 223M | 549.48M | 479.37M | 479.99M | 387.56M | 533.14M | 498.13M | 0 | 97.97M | 0 | 0 |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 84.62M | 90.1M | 0 | 0 | 95.4M | 0 | 0 | 464.74M | 97.97M | 95.55M | 94.06M |
| Deferred Tax Liabilities | 0 | 9.62M | 10.28M | 9.6M | 7.73M | 7.26M | 8.72M | 7.64M | 7.08M | 5.83M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -84.62M | 93.35M | 86.39M | 116.77M | 157.95M | 132.73M | 102.03M | 141.38M | -97.97M | 0 | 0 |
| Total Liabilities | 1.52B | 1.46B | 1.33B | 1.28B | 1.25B | 1.29B | 1.19B | 1.08B | 1.04B | 971.28M | 946.65M | 758.98M | 799.07M | 826.39M | 821.87M | 718.99M | 704.43M | 201.29M | 211.67M | 164.36M |
| Total Debt | 897.6M | 871.41M | 813.65M | 792.53M | 847.27M | 856.62M | 788.66M | 672.64M | 669.01M | 743.06M | 665.84M | 505.94M | 505.38M | 508.38M | 553.24M | 512.21M | 473.66M | 209.92M | 102.3M | 101.01M |
| Net Debt | 324.18M | 255.64M | 274.56M | 298.49M | 329.35M | 297.07M | 163.15M | 413.94M | 348.77M | 350.89M | 224.57M | 111.72M | 4.1M | 63.61M | -55.09M | -160.18M | -281.98M | -236.34M | -590.64M | -283.53M |
| Debt / Equity | 1.84x | - | - | - | - | - | - | - | - | - | - | 7.80x | 3.02x | 1.93x | 1.23x | 0.84x | 0.70x | 0.24x | 0.10x | 0.15x |
| Debt / EBITDA | 30.42x | 59.76x | 54.19x | - | - | 176.33x | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | 10.99x | 17.53x | 18.28x | - | - | 61.15x | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Coverage | 0.37x | 0.16x | -2.91x | -0.06x | -1.09x | -0.75x | -2.87x | -4.56x | -0.67x | -1.06x | -5.59x | -12.06x | -10.96x | -2.06x | -3.50x | -15.04x | -22.20x | -2.32x | -90.61x | -10.07x |
| Total Equity | 488.48M | -162.75M | -174.07M | -187.57M | -189.81M | -105.71M | -97.32M | -321.13M | -238.18M | -145.7M | -73.43M | 64.84M | 167.2M | 263.35M | 451.55M | 607.84M | 672.82M | 883.63M | 993.56M | 687.49M |
| Equity Growth % | 357.36% | -53.97% | -78.87% | 41.59% | 20.31% | 27.45% | -32.53% | -595.26% | -242.45% | -155.32% | -116.26% | -89.33% | -75.15% | -70.2% | -54.55% | -11.58% | -16.19% | 5.36% | 4.41% | 44.08% |
| Book Value per Share | 7.57 | -2.65 | -2.85 | -2.93 | -3.16 | -1.77 | -1.66 | -5.60 | -4.19 | -2.57 | -1.30 | 1.15 | 2.98 | 4.70 | 8.09 | 10.89 | 11.86 | 16.41 | 18.18 | 12.77 |
| Total Shareholders' Equity | 488.48M | -162.75M | -174.07M | -187.57M | -189.81M | -105.71M | -97.32M | -321.13M | -238.18M | -145.7M | -73.43M | 64.84M | 167.2M | 263.35M | 451.55M | 607.84M | 672.82M | 883.63M | 993.56M | 687.49M |
| Common Stock | 8.39M | 8.32M | 8.28M | 8.21M | 8.19M | 8.15M | 8.14M | 7.82M | 7.82M | 7.75M | 7.74M | 7.7M | 7.7M | 7.67M | 7.66M | 7.65M | 7.65M | 7.65M | 7.64M | 7.24M |
| Retained Earnings | -2.09B | -2.7B | -2.71B | -2.67B | -2.66B | -2.56B | -2.55B | -2.47B | -2.39B | -2.28B | -2.2B | -2.06B | -1.96B | -1.86B | -1.79B | -1.62B | -1.54B | -1.24B | -1.31B | -1.23B |
| Treasury Stock | -35.04K | -79.97K | -80K | -80K | -80K | -113K | -118K | -118K | -118K | -146K | -149K | -149K | -149K | -149K | -127.7M | -127.7M | -127.7M | -21K | 0 | 0 |
| Accumulated OCI | 1.3M | -1.75M | -1.27M | 309K | 1.71M | 1.78M | 953K | 799K | 784K | 721K | 2.22M | 1.65M | 2.66M | 3.45M | 251.48M | 240.15M | 224.1M | 3.78M | 188.49M | 174.19M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |