Fennec Pharmaceuticals (FENC) Balance Sheet: Assets & Liabilities

Fennec Pharmaceuticals (FENC) Balance Sheet

As of Dec 31, 2025 (end of fiscal 2025), Fennec Pharmaceuticals reported total assets of $70.55M and total liabilities of $35.08M. Shareholders' equity was $35.47M. Total debt stood at $0.00 against $36.79M in cash and short-term investments, a net cash position of $36.79M. That puts debt-to-equity at 0.00.

Fennec Pharmaceuticals Balance Sheet Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Balance sheet showing assets, liabilities, and shareholders' equity for Fennec Pharmaceuticals Inc. (FENC) - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2014
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2014
Current Assets
Cash and Cash Equivalents	36.79	26.63	13.27	23.77	21.10	30.34	13.65	22.78	28.26	2.31
Cash & Short-Term Investments	36.79	26.63	13.27	23.77	21.10	30.34	13.65	22.78	28.26	2.31
Accounts Receivable	23.22	12.88	8.81	1.55	0.00	0.00	0.00	0.00	0.00	-
Inventory	1.57	1.06	2.16	0.58	0.00	0.00	0.00	0.00	0.00	-
Other Current Assets	5.47	3.55	2.62	0.06	1.29	1.07	0.23	0.17	0.14	0.07
Total Current Assets	67.04	44.12	26.86	26.73	22.39	31.42	13.88	22.95	28.40	2.37
Non-Current Assets
Property, Plant & Equipment (Net)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-
Long-Term Investments	2.79	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-
Other Non-Current Assets	3.51	0.82	0.01	0.21	0.03	0.00	0.26	0.00	0.00	-
Total Non-Current Assets	3.51	0.82	0.01	0.21	0.03	0.00	0.26	0.00	0.00	-
Total Assets	70.55	44.95	26.86	26.94	22.41	31.42	14.15	22.95	28.40	2.37
Current Liabilities
Accounts Payable	4.64	3.24	3.78	2.39	0.78	1.57	1.61	1.03	0.86	-
Short-Term Debt	0.00	0.00	0.02	0.00	0.00	0.00	0.00	0.00	0.00	-
Accrued Liabilities	5.64	3.43	3.75	2.22	0.88	0.78	-	-	-	-
Deferred Revenue	0.25	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-
Other Current Liabilities	5.62	3.68	3.75	2.22	0.88	0.78	0.66	0.61	0.79	-
Total Current Liabilities	10.52	6.92	7.55	4.61	1.65	2.35	2.27	1.64	1.64	0.44
Non-Current Liabilities
Long-Term Debt	0.00	19.34	30.93	24.90	4.99	0.00	0.00	0.00	0.00	-
Other Non-Current Liabilities	24.56	24.56	0.00	0.00	0.00	0.00	0.00	0.00	0.00	1.32
Total Non-Current Liabilities	24.56	43.90	30.93	24.90	4.99	0.00	0.00	1.03	0.86	1.32
Total Liabilities	35.08	50.82	38.49	29.51	6.64	2.35	2.27	1.64	1.64	1.76
Stockholders' Equity
Common Stock	189.91	145.61	144.31	142.59	140.80	140.73	106.39	106.39	103.05	-
Retained Earnings	-229.42	-219.68	-219.25	-203.20	-179.49	-162.14	-144.03	-131.26	-121.37	-
Accumulated Other Comprehensive Income	1.24	1.24	1.24	1.24	1.24	1.24	1.24	1.24	1.24	-
Additional Paid-in Capital	73.75	66.96	62.07	56.80	53.21	49.23	48.27	44.93	43.84	-
Shares Outstanding	34.16	27.53	27.03	26.36	26.01	-	-	-	-	-
Total Stockholders' Equity	35.47	-5.87	-11.62	-2.57	15.77	29.07	11.88	21.31	26.76	0.61
Total Liabilities & Equity	70.55	44.95	26.86	26.94	22.41	31.42	14.15	22.95	28.40	-

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Fennec Pharmaceuticals Balance Sheet

How much debt does Fennec Pharmaceuticals have?

Fennec Pharmaceuticals had total debt of $0.00 as of Dec 31, 2025, against $36.79M in cash and short-term investments. Its debt-to-equity ratio was 0.00. Total debt was $19.34M a year earlier.

What are Fennec Pharmaceuticals's total assets?

Fennec Pharmaceuticals reported total assets of $70.55M as of Dec 31, 2025, up 57.0% from $44.95M a year earlier. Total liabilities were $35.08M.

What is Fennec Pharmaceuticals's shareholders' equity?

Fennec Pharmaceuticals's shareholders' equity was $35.47M as of Dec 31, 2025, or about $1.04 of book value per share.

What is the debt-to-equity ratio?

The debt-to-equity ratio divides a company's total debt by its shareholders' equity. It shows how much of the business is financed with borrowed money; normal levels vary widely by industry. Full definition