Medicus Pharma (MDCX) Balance Sheet: Assets & Liabilities

Medicus Pharma (MDCX) Balance Sheet

As of Dec 31, 2025 (end of fiscal 2025), Medicus Pharma reported total assets of $10.06M and total liabilities of $10.02M. Shareholders' equity was negative at −$67.55K, meaning liabilities exceed assets. Total debt stood at $5.27M against $8.71M in cash and short-term investments, a net cash position of $3.43M.

Medicus Pharma 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 Medicus Pharma Ltd. (MDCX) - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Current Assets
Cash and Cash Equivalents	8.71	4.16	1.72	0.27	0.08
Cash & Short-Term Investments	8.71	4.16	1.72	0.27	0.08
Accounts Receivable	0.00	0.00	0.00	0.00	0.00
Inventory	0.00	0.00	0.00	0.00	0.00
Other Current Assets	1.19	1.21	0.17	0.02	0.00
Total Current Assets	9.89	5.38	1.89	0.28	0.08
Non-Current Assets
Property, Plant & Equipment (Net)	0.17	0.27	0.00	0.00	0.00
Other Non-Current Assets	0.00	0.00	0.00	0.00	0.00
Total Non-Current Assets	0.17	0.27	0.00	0.00	0.00
Total Assets	10.06	5.65	1.89	0.28	0.08
Current Liabilities
Accounts Payable	3.44	1.28	0.21	0.10	0.16
Short-Term Debt	5.25	0.12	0.00	1.53	0.67
Accrued Liabilities	0.70	0.62	0.40	-	-
Other Current Liabilities	2.57	0.91	0.57	10.85	9.75
Total Current Liabilities	9.94	2.31	0.78	12.48	10.58
Non-Current Liabilities
Long-Term Debt	0.03	0.21	0.00	0.00	0.00
Other Non-Current Liabilities	0.00	0.00	0.00	0.00	0.00
Total Non-Current Liabilities	0.09	0.21	0.00	0.00	0.00
Total Liabilities	10.02	2.51	0.78	12.48	10.58
Stockholders' Equity
Common Stock	57.39	30.52	18.76	0.19	0.19
Retained Earnings	-64.35	-28.90	-17.75	-12.39	-10.70
Accumulated Other Comprehensive Income	0.01	0.00	0.00	0.00	0.00
Additional Paid-in Capital	6.88	1.52	0.10	0.00	0.00
Minority Interest	0.10	0.00	0.00	0.00	0.00
Shares Outstanding	25.18	11.82	8.08	8.05	8.05
Total Stockholders' Equity	-0.07	3.13	1.11	-12.20	-10.51
Total Liabilities & Equity	10.06	5.65	1.89	0.28	0.08

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

Frequently Asked Questions About Medicus Pharma Balance Sheet

How much debt does Medicus Pharma have?

Medicus Pharma had total debt of $5.27M as of Dec 31, 2025, against $8.71M in cash and short-term investments. Total debt was $322.27K a year earlier.

What are Medicus Pharma's total assets?

Medicus Pharma reported total assets of $10.06M as of Dec 31, 2025, up 78.2% from $5.65M a year earlier. Total liabilities were $10.02M.

What is Medicus Pharma's shareholders' equity?

Medicus Pharma's shareholders' equity was negative at −$67.55K as of Dec 31, 2025, so its liabilities exceeded its assets.

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