Phathom Pharmaceuticals, Inc.

Phathom Pharmaceuticals, Inc.verified

PHAT

Price:

$17.72

Market Cap:

$1.21B

Phathom Pharmaceuticals, Inc., a clinical-stage biopharmaceutical company, focuses on developing and commercializing treatments for gastrointestinal diseases. The company has the rights in the United States, Europe, and Canada to vonoprazan, a potassium-competitive acid blocker (P-CAB) that blocks acid secretion in the stomach. It is also developing vonoprazan, which is in Phase III clinical trials for the treatment of erosive gastroesophageal reflux disease; and in combination with antibiotics for the treatment of Helicobacter pylori infection. Phathom Pharmaceuticals, Inc. was incorporated in 2018 and is headquartered in Florham Park, New Jersey.[Read more]

Industry

Biotechnology

IPO Date

2019-10-25

Stock Exchange

NASDAQ

Ticker

PHAT

The Current Ratio as of September 2024 (TTM) for Phathom Pharmaceuticals, Inc. (PHAT) is 6.48

According to Phathom Pharmaceuticals, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 6.48. This represents a change of -23.76% compared to the average of 8.50 of the last 4 quarters.

Phathom Pharmaceuticals, Inc. (PHAT) Historical Current Ratio (quarterly & annually)

How has PHAT Current Ratio performed in the past?

The mean historical Current Ratio of Phathom Pharmaceuticals, Inc. over the last ten years is 16.68. The current 6.48 Current Ratio has changed 3.79% with respect to the historical average. Over the past ten years (40 quarters), PHAT's Current Ratio was at its highest in in the December 2019 quarter at 68.20. The Current Ratio was at its lowest in in the March 2018 quarter at 0.

Quarterly (TTM)
Annual

Average

16.68

Median

7.99

Minimum

0.41

Maximum

68.20

Phathom Pharmaceuticals, Inc. (PHAT) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Phathom Pharmaceuticals, 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 = 16.44%

Maximum Annual Current Ratio = 68.20

Minimum Annual Increase = -92.31%

Minimum Annual Current Ratio = 0.41

Quarterly (TTM)
Annual
YearCurrent RatioChange
202310.2567.51%
20226.12-37.94%
20219.8687.86%
20205.25-92.31%
201968.2016.44%

Phathom Pharmaceuticals, Inc. (PHAT) Average Current Ratio

How has PHAT Current Ratio performed in the past?

The current Current Ratio of Phathom Pharmaceuticals, Inc. (PHAT) 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

8.74

5-year avg

19.93

10-year avg

16.68

Phathom Pharmaceuticals, Inc. (PHAT) Current Ratio vs. Peers

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

Phathom Pharmaceuticals, Inc.’s Current Ratio is greater than Day One Biopharmaceuticals, Inc. (4.09), greater than Blueprint Medicines Corporation (3.71), greater than Lyra Therapeutics, Inc. (3.60), less than Cullinan Oncology, Inc. (28.87), less than Acumen Pharmaceuticals, Inc. (17.37), greater than X4 Pharmaceuticals, Inc. (6.07), less than Inozyme Pharma, Inc. (9.84), less than VectivBio Holding AG (9.14), greater than Kiniksa Pharmaceuticals, Ltd. (3.57), less than Structure Therapeutics Inc. (41.38), less than Karuna Therapeutics, Inc. (19.31), less than Immix Biopharma, Inc. (7.00), greater than CNS Pharmaceuticals, Inc. (0.31), greater than Hepion Pharmaceuticals, Inc. (5.62), greater than Freeline Therapeutics Holdings plc (1.95), less than AVROBIO, Inc. (26.17), less than Terns Pharmaceuticals, Inc. (21.02), greater than Amylyx Pharmaceuticals, Inc. (4.66),

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