CARGO Therapeutics, Inc. Common Stock

CARGO Therapeutics, Inc. Common Stock - Current Ratioverified

CRGX

Price:

$4.47

Market Cap:

$216.19M

CARGO Therapeutics, Inc. is a clinical-stage biopharmaceutical company dedicated to pioneering innovative chimeric antigen receptor (CAR) T-cell therapies for patients battling cancer. Its primary therapeutic candidate is CRG-022, an autologous CD22 CAR T-cell product. This therapy is specifically engineered to counteract mechanisms of resistance in B-cell malignancies by targeting CD22, a distinct tumor antigen prevalent in these conditions. The company's pipeline also includes CRG-023, a novel tri-specific CAR T product candidate designed to engage tumor cells through three different B-cell antigen targets. Formerly known as Syncopation Life Sciences, Inc., the company adopted its current ...[Read more]

Industry

Biotechnology

IPO Date

2023-11-13

Stock Exchange

NASDAQ

Ticker

CRGX

The Current Ratio as of June 2026 (TTM) for CARGO Therapeutics, Inc. Common Stock (CRGX) is 12.37

According to CARGO Therapeutics, Inc. Common Stock’s latest financial reports and current stock price. The company's current Current Ratio is 12.37. This represents a change of -3.75% compared to the average of 12.85 of the last 4 quarters.

CARGO Therapeutics, Inc. Common Stock (CRGX) Historical Current Ratio (quarterly & annually)

How has CRGX Current Ratio performed in the past?

The mean historical Current Ratio of CARGO Therapeutics, Inc. Common Stock over the last ten years is 8.32. The current 12.37 Current Ratio has changed 14.76% with respect to the historical average. Over the past ten years (40 quarters), CRGX's Current Ratio was at its highest in in the December 2023 quarter at 19.35. The Current Ratio was at its lowest in in the September 2022 quarter at 0.

Quarterly (TTM)
Annual

Average

8.32

Median

6.94

Minimum

0.08

Maximum

19.35

CARGO Therapeutics, Inc. Common Stock (CRGX) Current Ratio by Quarter and Year

Discovering the peaks and valleys of CARGO Therapeutics, Inc. Common Stock 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 = 21.65%

Maximum Annual Current Ratio = 19.35

Minimum Annual Increase = -28.76%

Minimum Annual Current Ratio = 0.08

Quarterly (TTM)
Annual
YearCurrent RatioChange
202413.79-28.76%
202319.3521.65%
20220.0918.42%

CARGO Therapeutics, Inc. Common Stock (CRGX) Average Current Ratio

How has CRGX Current Ratio performed in the past?

The current Current Ratio of CARGO Therapeutics, Inc. Common Stock (CRGX) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

11.07

5-year avg

8.32

10-year avg

8.32

CARGO Therapeutics, Inc. Common Stock (CRGX) Current Ratio vs. Peers

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

CARGO Therapeutics, Inc. Common Stock’s Current Ratio is less than Acelyrin, Inc. (18.43), greater than Alaunos Therapeutics, Inc. (1.63), greater than Spectrum Pharmaceuticals, Inc. (2.37), greater than LakeShore Biopharma Co., Ltd (1.02), greater than LENZ Therapeutics, Inc. (10.40), greater than Inhibrx Biosciences, Inc. (6.46), less than Merrimack Pharmaceuticals, Inc. (43.50), greater than Zevra Therapeutics, Inc. (4.89), greater than Cytocom, Inc. (7.60), greater than Vaccitech plc (6.05),

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