Fractyl Health (GUTS) Balance Sheet: Assets & Liabilities

Fractyl Health (GUTS) Balance Sheet

As of Dec 31, 2025 (end of fiscal 2025), Fractyl Health reported total assets of $121.40M and total liabilities of $111.94M. Shareholders' equity was $9.46M, down 66.7% from $28.42M a year earlier. Total debt stood at $35.69M against $81.54M in cash and short-term investments, a net cash position of $45.85M. That puts debt-to-equity at 3.77, compared with 1.24 a year earlier.

Fractyl Health 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 Fractyl Health, Inc. (GUTS) - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period ending	Dec 2025	Dec 2024	Mar 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Current Assets
Cash and Cash Equivalents	81.54	67.46	33.52	33.21	49.27	95.47	29.11	5.79
Cash & Short-Term Investments	81.54	67.46	33.52	33.21	49.27	95.47	29.11	5.79
Accounts Receivable	0.00	0.00	0.02	0.02	0.00	0.00	0.00	0.00
Inventory	0.00	0.07	0.07	0.07	0.00	0.00	0.00	0.00
Other Current Assets	6.04	4.23	2.03	2.03	2.36	0.92	1.78	0.99
Total Current Assets	87.58	71.76	35.65	35.65	51.63	96.39	30.88	6.78
Non-Current Assets
Property, Plant & Equipment (Net)	29.23	31.39	30.77	30.77	1.65	1.35	1.36	2.12
Long-Term Investments	4.26	4.26	4.26	-	4.26	0.00	0.00	0.00
Intangible Assets	0.00	0.00	0.84	-	0.86	0.00	0.00	0.00
Other Non-Current Assets	4.59	4.92	4.70	9.79	2.56	4.82	2.52	0.03
Total Non-Current Assets	33.83	36.31	40.56	40.56	9.33	6.16	3.88	2.16
Total Assets	121.40	108.08	76.21	76.21	60.96	102.55	34.76	8.93
Current Liabilities
Accounts Payable	1.57	3.24	0.55	0.55	0.98	0.97	0.30	0.61
Short-Term Debt	5.10	4.96	2.73	-	1.25	15.72	7.17	0.00
Current Portion of Long-Term Debt	-	-	-	-	-	15.72	7.17	-
Accrued Liabilities	11.65	11.58	-	7.33	5.08	6.01	2.77	-
Deferred Revenue	0.00	0.00	0.00	-	-0.98	-0.97	0.00	0.00
Other Current Liabilities	11.65	0.83	7.90	0.58	6.06	0.10	3.44	2.80
Total Current Liabilities	18.33	19.78	11.19	11.19	7.31	23.65	10.92	3.41
Non-Current Liabilities
Long-Term Debt	30.59	30.16	370.99	55.15	305.56	0.33	8.12	14.90
Other Non-Current Liabilities	37.07	2.33	19.10	19.10	0.41	0.01	0.77	134.62
Total Non-Current Liabilities	93.62	59.88	390.09	390.09	305.96	0.35	8.89	149.52
Total Liabilities	111.94	79.65	401.27	401.27	313.28	24.00	19.81	152.93
Stockholders' Equity
Common Stock	0.00	0.00	0.00	-	0.00	0.00	0.00	20.75
Retained Earnings	-556.26	-415.31	-346.62	-346.62	-269.53	-223.07	-184.34	-153.86
Accumulated Other Comprehensive Income	0.00	0.00	0.00	-	0.00	0.00	0.00	-153.86
Additional Paid-in Capital	565.72	443.73	21.55	21.55	17.21	13.75	11.62	9.86
Shares Outstanding	153.37	48.76	-	47.90	47.55	47.55	-	-
Total Stockholders' Equity	9.46	28.42	-325.06	-325.06	-252.32	78.55	14.95	-144.00
Total Liabilities & Equity	121.40	108.08	76.21	76.21	60.96	102.55	34.76	8.93

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

Frequently Asked Questions About Fractyl Health Balance Sheet

How much debt does Fractyl Health have?

Fractyl Health had total debt of $35.69M as of Dec 31, 2025, against $81.54M in cash and short-term investments. Its debt-to-equity ratio was 3.77. Total debt was $35.12M a year earlier.

What are Fractyl Health's total assets?

Fractyl Health reported total assets of $121.40M as of Dec 31, 2025, up 12.3% from $108.08M a year earlier. Total liabilities were $111.94M.

What is Fractyl Health's shareholders' equity?

Fractyl Health's shareholders' equity was $9.46M as of Dec 31, 2025, or about $0.06 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