CRNX
Price:
$47.42
Market Cap:
$4.50B
Crinetics Pharmaceuticals, Inc., a clinical stage pharmaceutical company, focuses on the discovery, development, and commercialization of therapeutics for rare endocrine diseases and endocrine-related tumors. Its lead product candidate is Paltusotine, an oral selective nonpeptide somatostatin receptor type 2 agonist that has completed phase III clinical trial for the treatment of acromegaly, as well as completed phase II clinical trial to treat carcinoid syndrome and nonfunctional neuroendocrine tumors (NETs). The company is also developing CRN04777, an oral selective nonpeptide somatostatin type 5 receptor agonist, which is in phase I clinical trial for the treatment of congenital hyperinsu...[Read more]
Industry
Biotechnology
IPO Date
2018-07-18
Stock Exchange
NASDAQ
Ticker
CRNX
According to Crinetics Pharmaceuticals, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 15.12. This represents a change of -22.94% compared to the average of 19.62 of the last 4 quarters.
The mean historical Current Ratio of Crinetics Pharmaceuticals, Inc. over the last ten years is 17.07. The current 15.12 Current Ratio has changed 8.76% with respect to the historical average. Over the past ten years (40 quarters), CRNX's Current Ratio was at its highest in in the September 2018 quarter at 31.02. The Current Ratio was at its lowest in in the March 2017 quarter at 0.
Average
17.07
Median
16.91
Minimum
12.45
Maximum
23.04
Discovering the peaks and valleys of Crinetics 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 = 76.37%
Maximum Annual Current Ratio = 23.04
Minimum Annual Increase = -42.23%
Minimum Annual Current Ratio = 12.45
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 23.04 | 76.37% |
| 2023 | 13.07 | 4.94% |
| 2022 | 12.45 | -42.23% |
| 2021 | 21.55 | 27.36% |
| 2020 | 16.92 | 14.42% |
| 2019 | 14.79 | -29.69% |
| 2018 | 21.03 | 24.41% |
| 2017 | 16.91 | 21.69% |
The current Current Ratio of Crinetics Pharmaceuticals, Inc. (CRNX) 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
16.19
5-year avg
17.41
10-year avg
17.07
Crinetics Pharmaceuticals, Inc.’s Current Ratio is less than Viking Therapeutics, Inc. (28.34), greater than Immunovant, Inc. (9.07), greater than Praxis Precision Medicines, Inc. (6.31), greater than Kymera Therapeutics, Inc. (7.38), greater than Akero Therapeutics, Inc. (12.66), greater than NewAmsterdam Pharma Company N.V. (12.57), less than Soleno Therapeutics, Inc. (16.08), greater than ACADIA Pharmaceuticals Inc. (2.91), less than Dyne Therapeutics, Inc. (16.83), less than Xenon Pharmaceuticals Inc. (15.14),
| Company | Current Ratio | Market cap |
|---|---|---|
| 28.34 | $4.36B | |
| 9.07 | $4.02B | |
| 6.31 | $4.02B | |
| 7.38 | $4.77B | |
| 12.66 | $4.50B | |
| 12.57 | $4.06B | |
| 16.08 | $2.83B | |
| 2.91 | $4.49B | |
| 16.83 | $2.95B | |
| 15.14 | $3.45B |
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