Morphic Holding, Inc.

Morphic Holding, Inc.verified

MORF

Price:

$56.99

Market Cap:

$2.86B

Morphic Holding, Inc., a biopharmaceutical company, discovers and develops oral small-molecule integrin therapeutics for the treatment of autoimmune, cardiovascular, metabolic diseases, as well as fibrosis and cancer. Its lead product candidates are MORF-057, an a4ß7-specific integrin inhibitor affecting inflammation that is in Phase 1 clinical trial for the treatment of inflammatory bowel disease; and preclinical trial to treat idiopathic pulmonary fibrosis and fibrosis diseases. The company is also developing avß6 for the treatment of fibrotic diseases, and avß8 to treat solid tumors, as well as various other products. Morphic Holding, Inc. has a research collaboration with Engitix Ltd for...[Read more]

Industry

Biotechnology

IPO Date

2019-06-27

Stock Exchange

NASDAQ

Ticker

MORF

The Current Ratio as of September 2024 (TTM) for Morphic Holding, Inc. (MORF) is 24.13

According to Morphic Holding, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 24.13. This represents a change of -25.46% compared to the average of 32.37 of the last 4 quarters.

Morphic Holding, Inc. (MORF) Historical Current Ratio (quarterly & annually)

How has MORF Current Ratio performed in the past?

The mean historical Current Ratio of Morphic Holding, Inc. over the last ten years is 12.54. The current 24.13 Current Ratio has changed 19.14% with respect to the historical average. Over the past ten years (40 quarters), MORF's Current Ratio was at its highest in in the June 2023 quarter at 41.70. The Current Ratio was at its lowest in in the March 2018 quarter at 0.

Quarterly (TTM)
Annual

Average

12.54

Median

8.43

Minimum

5.36

Maximum

28.94

Morphic Holding, Inc. (MORF) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Morphic Holding, 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 = 93.44%

Maximum Annual Current Ratio = 28.94

Minimum Annual Increase = -36.43%

Minimum Annual Current Ratio = 5.36

Quarterly (TTM)
Annual
YearCurrent RatioChange
202328.9436.83%
202221.1593.44%
202110.9380.08%
20206.07-11.89%
20196.8928.52%
20185.36-36.43%

Morphic Holding, Inc. (MORF) Average Current Ratio

How has MORF Current Ratio performed in the past?

The current Current Ratio of Morphic Holding, Inc. (MORF) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

20.34

5-year avg

14.80

10-year avg

12.54

Morphic Holding, Inc. (MORF) Current Ratio vs. Peers

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

Morphic Holding, Inc.’s Current Ratio is greater than Arcellx, Inc. (6.01), greater than Ventyx Biosciences, Inc. (14.19), greater than Immunocore Holdings plc (5.17), greater than Vaxcyte, Inc. (17.88), less than DICE Therapeutics, Inc. (25.88), less than 89bio, Inc. (0), greater than Madrigal Pharmaceuticals, Inc. (13.92), greater than Pliant Therapeutics, Inc. (8.72), greater than Stoke Therapeutics, Inc. (14.47), greater than Akero Therapeutics, Inc. (6.67), less than Terns Pharmaceuticals, Inc. (24.89), greater than Inozyme Pharma, Inc. (21.02), greater than Viking Therapeutics, Inc. (9.84), less than Revolution Medicines, Inc. (37.69), greater than Avidity Biosciences, Inc. (15.42), greater than Protagonist Therapeutics, Inc. (15.78), greater than null (13.73),

Build a custom stock screener for Morphic Holding, Inc. (MORF) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Morphic Holding, Inc. using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

Morphic Holding, Inc. (MORF) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Morphic Holding, Inc. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the Current Ratio?

How can you use the Current Ratio?

What is Morphic Holding, Inc.'s Current Ratio?

How is the Current Ratio calculated for Morphic Holding, Inc. (MORF)?

What is the highest Current Ratio for Morphic Holding, Inc. (MORF)?

What is the 3-year average Current Ratio for Morphic Holding, Inc. (MORF)?

What is the 5-year average Current Ratio for Morphic Holding, Inc. (MORF)?

How does the current Current Ratio for Morphic Holding, Inc. (MORF) compare to its historical average?