Foghorn Therapeutics Inc.

Foghorn Therapeutics Inc.verified

FHTX

Price:

$9.33

Market Cap:

$516.22M

Foghorn Therapeutics Inc., a clinical-stage biopharmaceutical company, discovers and develops medicines targeting genetically determined dependencies within the chromatin regulatory system. The company uses its proprietary Gene Traffic Control platform to identify, validate, and potentially drug targets within the system. It is developing FHD-286, a small molecule inhibitor of the enzymatic activity of BRG1 and BRM for the treatment of metastatic uveal melanoma and relapsed and/or refractory acute myeloid leukemia and myelodysplastic syndrome; and FHD-609, a small molecule protein degrader for BRD9 to treat patients with synovial sarcoma. The company is also developing an enzymatic inhibitor...[Read more]

Industry

Biotechnology

IPO Date

2020-10-23

Stock Exchange

NASDAQ

Ticker

FHTX

The Current Ratio as of September 2024 (TTM) for Foghorn Therapeutics Inc. (FHTX) is 5.69

According to Foghorn Therapeutics Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 5.69. This represents a change of 20.05% compared to the average of 4.74 of the last 4 quarters.

Foghorn Therapeutics Inc. (FHTX) Historical Current Ratio (quarterly & annually)

How has FHTX Current Ratio performed in the past?

The mean historical Current Ratio of Foghorn Therapeutics Inc. over the last ten years is 6.28. The current 5.69 Current Ratio has changed 8.96% with respect to the historical average. Over the past ten years (40 quarters), FHTX's Current Ratio was at its highest in in the March 2021 quarter at 10.12. The Current Ratio was at its lowest in in the March 2018 quarter at 0.

Quarterly (TTM)
Annual

Average

6.28

Median

6.77

Minimum

1.03

Maximum

11.68

Foghorn Therapeutics Inc. (FHTX) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Foghorn 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 = 658.16%

Maximum Annual Current Ratio = 11.68

Minimum Annual Increase = -89.12%

Minimum Annual Current Ratio = 1.03

Quarterly (TTM)
Annual
YearCurrent RatioChange
20234.11300.34%
20221.03-89.12%
20219.44-6.72%
202010.12658.16%
20191.33-88.57%

Foghorn Therapeutics Inc. (FHTX) Average Current Ratio

How has FHTX Current Ratio performed in the past?

The current Current Ratio of Foghorn Therapeutics Inc. (FHTX) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages

3-year avg

4.86

5-year avg

5.21

10-year avg

6.28

Foghorn Therapeutics Inc. (FHTX) Current Ratio vs. Peers

How is FHTX’s Current Ratio compared to its peers?

Foghorn Therapeutics Inc.’s Current Ratio is greater than C4 Therapeutics, Inc. (5.09), less than Cyteir Therapeutics, Inc. (21.89), less than Prelude Therapeutics Incorporated (7.83), less than Rezolute, Inc. (11.82), less than Shattuck Labs, Inc. (7.62), less than Monte Rosa Therapeutics, Inc. (6.56), less than Kymera Therapeutics, Inc. (8.45), greater than Nurix Therapeutics, Inc. (5.57), less than Molecular Partners AG (14.58), less than MediciNova, Inc. (18.24), greater than Anebulo Pharmaceuticals, Inc. (5.32), greater than Champions Oncology, Inc. (0.69), less than PMV Pharmaceuticals, Inc. (19.22), less than Stoke Therapeutics, Inc. (6.67), less than Century Therapeutics, Inc. (10.62), less than Edgewise Therapeutics, Inc. (30.24), less than Mineralys Therapeutics, Inc. (11.20), less than Cullinan Oncology, Inc. (28.87),

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