What is MeiraGTx Holdings plc's notes payable?

MeiraGTx Holdings plc (MGTX) reported notes payable of $24.87M in Q1 2026.

What does notes payable mean?

This represents the principal amount of debt obligations evidenced by formal written promissory notes. It captures the company's contractual commitment to repay borrowed funds to creditors within specified timeframes. Investors monitor this to assess the company's leverage, debt maturity profile, and potential liquidity pressure from repayment obligations.

MeiraGTx Holdings plc MGTX Notes Payable

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Other financials

Income statement

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Revenue$293.0K-84.8%

Operating income-$40.8M+1.9%

Net income-$46.3M-15.8%

EPS (diluted)-$0.57-11.8%

Balance sheet

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Cash & equivalents$71.5M+7.5%

Total debt$62.7M-22.5%

Total equity-$58.1M-276%

Total assets$244.7M+9.2%

Cash flow

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Operating cash flow$17.8M+148%

CapEx$2.0M+17.4%

Free cash flow$15.8M+141%

Valuation

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Market cap$1.07B+111%

Enterprise value$1.07B+103%

P/S13.5×-1.3×

Profitability

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Operating margin-597.9%-207pp

Net margin-615.3%—

FCF margin-441.5%-126pp

Returns & leverage

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Return on equity-379.5%—

Debt / equity27.2×+26.1×

Current ratio0.5×-1.0×

Where this comes from

Reported directly by MeiraGTx Holdings plc in its filing.

Tagged under the XBRL concept us-gaap:NotesPayableCurrent.

The official record: MeiraGTx Holdings plc’s 10-Q, filed May 14, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is MeiraGTx Holdings plc's notes payable?: MeiraGTx Holdings plc (MGTX) reported notes payable of $24.87M in Q1 2026.
What does notes payable mean?: This represents the principal amount of debt obligations evidenced by formal written promissory notes. It captures the company's contractual commitment to repay borrowed funds to creditors within specified timeframes. Investors monitor this to assess the company's leverage, debt maturity profile, and potential liquidity pressure from repayment obligations.