Is Eledon Pharmaceuticals financially healthy?
Yes
Eledon Pharmaceuticals could pay off all its debt with 0.1 years of earnings.
The numbers behind it
Net debt / EBITDA0.1 years
Cash vs. debt$23M vs. $641,000
Current ratio8.4×Short-term assets for each $1 of bills due within a year
How we decide
We measure debt in years of earnings (net debt / EBITDA): under 1 is very comfortable, 1 to 3 is manageable, above 3 is heavy. A company that earns less than 3 times its interest bill also counts as weak.
More questions about Eledon Pharmaceuticals
Data as of Nov 13, 2026.