Nuvalent, Inc.

Nuvalent, Inc.verified

NUVL

Price:

$86.25

Market Cap:

$5.59B

Nuvalent, Inc., a clinical stage biopharmaceutical company, develops therapies for patients with cancer. Its lead product candidates are NVL-520, a brain-penetrant ROS1-selective inhibitor to inhibit ROS1 fusions that express the normal ROS1 kinase domain without any drug-resistant mutations and remain active in the presence of mutations conferring resistance to approved and investigational ROS1 inhibitors, which is under Phase I development; and NVL-655, a brain-penetrant ALK-selective inhibitor, to address the clinical challenges of emergent treatment resistance, central nervous system-related adverse events, and brain metastases that might limit the use of first-, second-, and third-gener...[Read more]

Industry

Biotechnology

IPO Date

2021-07-29

Stock Exchange

NASDAQ

Ticker

NUVL

The Current Ratio as of September 2024 (TTM) for Nuvalent, Inc. (NUVL) is 17.44

According to Nuvalent, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 17.44. This represents a change of -7.73% compared to the average of 18.91 of the last 4 quarters.

Nuvalent, Inc. (NUVL) Historical Current Ratio (quarterly & annually)

How has NUVL Current Ratio performed in the past?

The mean historical Current Ratio of Nuvalent, Inc. over the last ten years is 16.73. The current 17.44 Current Ratio has changed 10.33% with respect to the historical average. Over the past ten years (40 quarters), NUVL's Current Ratio was at its highest in in the September 2021 quarter at 44.60. The Current Ratio was at its lowest in in the March 2020 quarter at 0.

Quarterly (TTM)
Annual

Average

16.73

Median

22.83

Minimum

0.76

Maximum

33.07

Nuvalent, Inc. (NUVL) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Nuvalent, 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 = 1.26%

Maximum Annual Current Ratio = 33.07

Minimum Annual Increase = -25.82%

Minimum Annual Current Ratio = 0.76

Quarterly (TTM)
Annual
YearCurrent RatioChange
202322.83-6.96%
202224.54-25.82%
202133.071.26%
20202.43218.92%

Nuvalent, Inc. (NUVL) Average Current Ratio

How has NUVL Current Ratio performed in the past?

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

3-year avg

26.81

5-year avg

16.73

10-year avg

16.73

Nuvalent, Inc. (NUVL) Current Ratio vs. Peers

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

Nuvalent, Inc.’s Current Ratio is less than DICE Therapeutics, Inc. (0), less than Arcellx, Inc. (25.88), greater than Vaxcyte, Inc. (6.01), less than Viridian Therapeutics, Inc. (17.88), greater than Ventyx Biosciences, Inc. (15.82), greater than Cullinan Oncology, Inc. (14.19), less than Kiniksa Pharmaceuticals, Ltd. (28.87), greater than Replimune Group, Inc. (3.57), greater than Ascendis Pharma A/S (13.46), greater than United Therapeutics Corporation (0.74), greater than Cerevel Therapeutics Holdings, Inc. (4.35), greater than Travere Therapeutics, Inc. (10.22), greater than Structure Therapeutics Inc. (3.04), less than null (41.38),

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