Viridian Therapeutics, Inc.

Viridian Therapeutics, Inc.verified

VRDN

Price:

$21.59

Market Cap:

$1.38B

Viridian Therapeutics, Inc., a biotechnology company, develops treatments for patients suffering from serious diseases. It develops VRDN-001, a humanized monoclonal anti-IGF-1R antibody that is in Phase 1/2 clinical trial for the treatment of thyroid eye disease (TED); VRDN-002, an IGF-1R antibody, which is in Phase 1 clinical trial; and VRDN-003, a therapeutic antibody targeting IGF-1R for the treatment of TED. The company was formerly known as Miragen Therapeutics, Inc. and changed its name to Viridian Therapeutics, Inc. in January 2021. Viridian Therapeutics, Inc. was founded in 2006 and is headquartered in Waltham, Massachusetts.[Read more]

Industry

Biotechnology

IPO Date

2014-06-18

Stock Exchange

NASDAQ

Ticker

VRDN

The Current Ratio as of September 2024 (TTM) for Viridian Therapeutics, Inc. (VRDN) is 15.82

According to Viridian Therapeutics, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 15.82. This represents a change of -12.11% compared to the average of 18.00 of the last 4 quarters.

Viridian Therapeutics, Inc. (VRDN) Historical Current Ratio (quarterly & annually)

How has VRDN Current Ratio performed in the past?

The mean historical Current Ratio of Viridian Therapeutics, Inc. over the last ten years is 9.29. The current 15.82 Current Ratio has changed 16.94% with respect to the historical average. Over the past ten years (40 quarters), VRDN's Current Ratio was at its highest in in the March 2024 quarter at 23.99. The Current Ratio was at its lowest in in the December 2016 quarter at 0.93.

Quarterly (TTM)
Annual

Average

9.29

Median

10.93

Minimum

0.93

Maximum

18.26

Viridian Therapeutics, Inc. (VRDN) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Viridian Therapeutics, 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 = 1.33%

Maximum Annual Current Ratio = 18.26

Minimum Annual Increase = -80.46%

Minimum Annual Current Ratio = 0.93

Quarterly (TTM)
Annual
YearCurrent RatioChange
202318.2643.47%
202212.73-13.27%
202114.6820.89%
202012.14315.66%
20192.92-69.91%
20189.71-27.05%
201713.311.33%
20160.93-80.46%
20154.7539.38%
20143.41130.25%

Viridian Therapeutics, Inc. (VRDN) Average Current Ratio

How has VRDN Current Ratio performed in the past?

The current Current Ratio of Viridian Therapeutics, Inc. (VRDN) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

15.22

5-year avg

12.15

10-year avg

9.29

Viridian Therapeutics, Inc. (VRDN) Current Ratio vs. Peers

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

Viridian Therapeutics, Inc.’s Current Ratio is less than Nuvalent, Inc. (17.44), less than DICE Therapeutics, Inc. (25.88), greater than Arcellx, Inc. (6.01), less than Vaxcyte, Inc. (17.88), less than Crinetics Pharmaceuticals, Inc. (16.09), greater than Cytokinetics, Incorporated (10.39), less than Structure Therapeutics Inc. (41.38), less than Icosavax, Inc. (18.06), greater than Pliant Therapeutics, Inc. (14.47), greater than Syndax Pharmaceuticals, Inc. (10.50), greater than Revolution Medicines, Inc. (15.42), greater than Inozyme Pharma, Inc. (9.84), less than Terns Pharmaceuticals, Inc. (21.02), greater than Blueprint Medicines Corporation (3.71), greater than 89bio, Inc. (13.92), greater than Kura Oncology, Inc. (14.94), greater than Protagonist Therapeutics, Inc. (13.73), greater than Merus N.V. (9.97), greater than Replimune Group, Inc. (13.46), greater than Cerevel Therapeutics Holdings, Inc. (10.22),

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