Praxis Precision Medicines, Inc.
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Praxis Precision Medicines, Inc. (PRAX)

Solvency & Capital Structure

Total Debt

$1.4M

Net Debt

-$785.4M

Praxis Precision Medicines, Inc. currently has $1.4M in total debt. Net debt is -$785.4M after cash offsets. This 'Net Cash' position indicates exceptional financial strength.

Financial Fundamentals

PRAXQuarterly Data • 5Y View

DateTotal Debt ($B)Cash & Inv. ($B)Net Debt ($B)Total AssetsDebt/Assets
2026-03-310.000.79-0.79Net Cash1.460.1%
2025-12-310.000.60-0.60Net Cash0.940.0%
2025-09-300.000.27-0.27Net Cash0.400.1%
2025-06-300.000.30-0.30Net Cash0.450.2%
2025-03-310.000.33-0.33Net Cash0.480.2%
2024-12-310.000.39-0.39Net Cash0.480.3%
2024-09-300.000.36-0.36Net Cash0.420.4%
2024-06-300.000.35-0.35Net Cash0.440.4%
2024-03-310.000.21-0.21Net Cash0.250.9%
2023-12-310.000.08-0.08Net Cash0.092.8%
2023-09-300.000.10-0.10Net Cash0.112.6%
2023-06-300.000.12-0.12Net Cash0.132.3%
2023-03-310.000.09-0.08Net Cash0.103.3%
2022-12-310.000.10-0.10Net Cash0.123.0%
2022-09-300.000.12-0.12Net Cash0.142.7%
2022-06-300.000.17-0.16Net Cash0.182.2%
2022-03-310.000.22-0.22Net Cash0.241.8%
2021-12-310.000.28-0.27Net Cash0.291.5%
2021-09-300.000.31-0.31Net Cash0.321.4%
2021-06-300.000.34-0.33Net Cash0.351.3%
2021-03-310.000.27-0.27Net Cash0.280.2%
2020-12-310.000.30-0.30Net Cash0.300.3%
2019-12-310.000.04-0.04Net Cash0.053.1%
2019-03-310.000.02-0.02Net Cash0.00