Avidity Biosciences, Inc.

Avidity Biosciences, Inc.verified

RNA

Price:

$31.18

Market Cap:

$3.72B

Avidity Biosciences, Inc., a biopharmaceutical company, engages in the development of oligonucleotide-based therapies. It develops antibody oligonucleotide conjugates (AOC) that are designed to treat a range of serious diseases. The company's lead product candidate AOC 1001 is used for the treatment of myotonic dystrophy type 1, a rare monogenic muscle disease; AOC 1044 for the treatment of Duchenne Muscular Dystrophy; and AOC 1020 designed to treat facioscapulohumeral muscular dystrophy which are in preclinical stage. It also offers Lumizyme therapy for Pompe diseases. Avidity Biosciences, Inc. was incorporated in 2012 and is headquartered in San Diego, California.[Read more]

Industry

Biotechnology

IPO Date

2020-06-12

Stock Exchange

NASDAQ

Ticker

RNA

The Current Ratio as of December 2024 (TTM) for Avidity Biosciences, Inc. (RNA) is 17.76

According to Avidity Biosciences, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 17.76. This represents a change of 32.57% compared to the average of 13.40 of the last 4 quarters.

Avidity Biosciences, Inc. (RNA) Historical Current Ratio (quarterly & annually)

How has RNA Current Ratio performed in the past?

The mean historical Current Ratio of Avidity Biosciences, Inc. over the last ten years is 11.04. The current 17.76 Current Ratio has changed 15.99% with respect to the historical average. Over the past ten years (40 quarters), RNA's Current Ratio was at its highest in in the June 2020 quarter at 30.45. The Current Ratio was at its lowest in in the March 2019 quarter at 0.

Quarterly (TTM)
Annual

Average

11.04

Median

10.67

Minimum

0.70

Maximum

22.74

Avidity Biosciences, Inc. (RNA) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Avidity Biosciences, 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 = 1.23%

Maximum Annual Current Ratio = 22.74

Minimum Annual Increase = -39.03%

Minimum Annual Current Ratio = 0.70

Quarterly (TTM)
Annual
YearCurrent RatioChange
20237.58-36.86%
202212.00-13.43%
202113.86-39.03%
202022.74143.26%
20199.351.23%

Avidity Biosciences, Inc. (RNA) Average Current Ratio

How has RNA Current Ratio performed in the past?

The current Current Ratio of Avidity Biosciences, Inc. (RNA) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

11.15

5-year avg

13.11

10-year avg

11.04

Avidity Biosciences, Inc. (RNA) Current Ratio vs. Peers

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

Avidity Biosciences, Inc.’s Current Ratio is greater than TCR2 Therapeutics Inc. (2.77), greater than Revolution Medicines, Inc. (14.24), greater than Black Diamond Therapeutics, Inc. (5.55), greater than Atreca, Inc. (1.58), greater than Passage Bio, Inc. (5.15), greater than Akero Therapeutics, Inc. (17.25), greater than Protagonist Therapeutics, Inc. (10.70), greater than Stoke Therapeutics, Inc. (5.09), greater than IGM Biosciences, Inc. (5.22), greater than Cerevel Therapeutics Holdings, Inc. (10.22), less than Cullinan Oncology, Inc. (24.46), greater than Mineralys Therapeutics, Inc. (8.55), greater than Day One Biopharmaceuticals, Inc. (14.62), greater than SpringWorks Therapeutics, Inc. (6.16), less than Relay Therapeutics, Inc. (18.42), greater than Pliant Therapeutics, Inc. (10.26), greater than Arvinas, Inc. (4.17),

Build a custom stock screener for Avidity Biosciences, Inc. (RNA) 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 Avidity Biosciences, 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.

Avidity Biosciences, Inc. (RNA) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Avidity Biosciences, 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 Avidity Biosciences, Inc.'s Current Ratio?

How is the Current Ratio calculated for Avidity Biosciences, Inc. (RNA)?

What is the highest Current Ratio for Avidity Biosciences, Inc. (RNA)?

What is the 3-year average Current Ratio for Avidity Biosciences, Inc. (RNA)?

What is the 5-year average Current Ratio for Avidity Biosciences, Inc. (RNA)?

How does the current Current Ratio for Avidity Biosciences, Inc. (RNA) compare to its historical average?