DBTX
Price:
$4.91
Market Cap:
$123.37M
Decibel Therapeutics, Inc., a clinical-stage biotechnology company, engages in discovering and developing transformative treatments for hearing and balance disorders. Its product candidates and programs focuses on three areas, such as Gene Therapies for Congenital, Monogenic Hearing Loss designed to restore functional cells within the cochlea to address hearing disorders caused by single gene mutations; Gene Therapies for Hair Cell Regeneration designed to replace lost hair cells within the inner ear to address acquired hearing loss and balance disorders; and Otoprotection Therapeutic in clinical development to prevent hearing loss in cancer patients undergoing chemotherapy with cisplatin. T...[Read more]
Industry
Biotechnology
IPO Date
2021-02-12
Stock Exchange
NASDAQ
Ticker
DBTX
According to Decibel Therapeutics, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 3.03. This represents a change of -30.33% compared to the average of 4.34 of the last 4 quarters.
The mean historical Current Ratio of Decibel Therapeutics, Inc. over the last ten years is 5.39. The current 3.03 Current Ratio has changed 5.52% with respect to the historical average. Over the past ten years (40 quarters), DBTX's Current Ratio was at its highest in in the March 2021 quarter at 12.56. The Current Ratio was at its lowest in in the March 2020 quarter at 0.
Average
5.39
Median
4.81
Minimum
2.98
Maximum
7.99
Discovering the peaks and valleys of Decibel Therapeutics, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 167.84%
Maximum Annual Current Ratio = 7.99
Minimum Annual Increase = -53.27%
Minimum Annual Current Ratio = 2.98
Year | Current Ratio | Change |
---|---|---|
2022 | 4.81 | -39.79% |
2021 | 7.99 | 167.84% |
2020 | 2.98 | -15.96% |
2019 | 3.55 | -53.27% |
The current Current Ratio of Decibel Therapeutics, Inc. (DBTX) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
5.26
5-year avg
5.39
10-year avg
5.39
Decibel Therapeutics, Inc.’s Current Ratio is less than Werewolf Therapeutics, Inc. (12.13), less than Edgewise Therapeutics, Inc. (30.24), less than Celcuity Inc. (14.95), less than C4 Therapeutics, Inc. (5.09), less than Aerovate Therapeutics, Inc. (6.51), greater than Adagene Inc. (2.50), less than Acrivon Therapeutics, Inc. Common Stock (16.16), less than Rezolute, Inc. (11.82), less than AN2 Therapeutics, Inc. (10.61), less than Ikena Oncology, Inc. (18.22), less than Eliem Therapeutics, Inc. (60.41), less than Anebulo Pharmaceuticals, Inc. (5.32), greater than HCW Biologics Inc. (0.10), less than Molecular Partners AG (14.58),
Company | Current Ratio | Market cap |
---|---|---|
12.13 | $88.28M | |
30.24 | $1.64B | |
14.95 | $557.67M | |
5.09 | $374.42M | |
6.51 | $54.85M | |
2.50 | $115.55M | |
16.16 | $250.26M | |
11.82 | $240.80M | |
10.61 | $30.44M | |
18.22 | $81.56M | |
60.41 | $495.57M | |
5.32 | $46.68M | |
0.10 | $26.62M | |
14.58 | $182.90M |
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