THRD
Price:
$10.32
Market Cap:
$465.00M
Third Harmonic Bio, Inc., a clinical-stage biopharmaceutical company, focuses on the development of the medicine for the treatment of allergic and inflammatory diseases. It develops THB001, an oral small-molecule KIT inhibitor for the treatment of chronic urticaria, a dermatologic disease driven by mast cell activation that results in red, itchy, painful welts, or hives, as well as for airway and gastrointestinal tract indications. The company was formerly known as Project IGE, Inc. and changed its name to Third Harmonic Bio, Inc. in June 2019. Third Harmonic Bio, Inc. was founded in 2019 and is headquartered in Cambridge, Massachusetts.[Read more]
Industry
Biotechnology
IPO Date
2022-09-14
Stock Exchange
NASDAQ
Ticker
THRD
According to Third Harmonic Bio, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 42.50. This represents a change of -15.01% compared to the average of 50.00 of the last 4 quarters.
The mean historical Current Ratio of Third Harmonic Bio, Inc. over the last ten years is 32.15. The current 42.50 Current Ratio has changed 13.12% with respect to the historical average. Over the past ten years (40 quarters), THRD's Current Ratio was at its highest in in the June 2023 quarter at 66.39. The Current Ratio was at its lowest in in the March 2021 quarter at 0.
Average
32.15
Median
36.50
Minimum
3.81
Maximum
51.80
Discovering the peaks and valleys of Third Harmonic Bio, 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 = 496.39%
Maximum Annual Current Ratio = 51.80
Minimum Annual Increase = -2.93%
Minimum Annual Current Ratio = 3.81
Year | Current Ratio | Change |
---|---|---|
2023 | 50.29 | -2.93% |
2022 | 51.80 | 128.04% |
2021 | 22.72 | 496.39% |
The current Current Ratio of Third Harmonic Bio, Inc. (THRD) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
41.60
5-year avg
32.15
10-year avg
32.15
Third Harmonic Bio, Inc.’s Current Ratio is greater than Sensei Biotherapeutics, Inc. (8.84), greater than NextCure, Inc. (9.07), greater than Nuvation Bio Inc. (9.57), greater than Graphite Bio, Inc. (11.47), greater than Merrimack Pharmaceuticals, Inc. (10.78), greater than Cullinan Oncology, Inc. (24.46), greater than Edgewise Therapeutics, Inc. (26.35), greater than Rallybio Corporation (9.55), greater than Monte Rosa Therapeutics, Inc. (6.03), greater than PMV Pharmaceuticals, Inc. (13.98), greater than Enochian Biosciences, Inc. (0.08), greater than Revolution Medicines, Inc. (14.24), greater than Passage Bio, Inc. (5.15), greater than Werewolf Therapeutics, Inc. (10.10), greater than Acrivon Therapeutics, Inc. Common Stock (12.75), less than Eliem Therapeutics, Inc. (0),
Company | Current Ratio | Market cap |
---|---|---|
8.84 | $11.42M | |
9.07 | $24.31M | |
9.57 | $949.12M | |
11.47 | $185.19M | |
10.78 | $223.97M | |
24.46 | $714.45M | |
26.35 | $2.80B | |
9.55 | $35.56M | |
6.03 | $433.13M | |
13.98 | $76.07M | |
0.08 | $45.38M | |
14.24 | $8.09B | |
5.15 | $40.24M | |
10.10 | $68.63M | |
12.75 | $193.98M | |
0 | $342.68M |
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