IRON
Price:
$93.79
Market Cap:
$3.54B
Disc Medicine, Inc., a clinical-stage biotechnology company, engages in discovery, development, and commercialization of novel treatments for patients suffering from serious hematologic diseases. It builds a portfolio of therapeutic candidates that address a spectrum of hematologic diseases by targeting fundamental biological pathways of red blood cell biology, primarily heme biosynthesis and iron homeostasis. The company is based in Watertown, Massachusetts.
Industry
Biotechnology
IPO Date
2020-08-12
Stock Exchange
NASDAQ
Ticker
IRON
According to Disc Medicine, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 23.45. This represents a change of -17.99% compared to the average of 28.59 of the last 4 quarters.
The mean historical Current Ratio of Disc Medicine, Inc. over the last ten years is 10.79. The current 23.45 Current Ratio has changed 21.63% with respect to the historical average. Over the past ten years (40 quarters), IRON's Current Ratio was at its highest in in the September 2022 quarter at 71.49. The Current Ratio was at its lowest in in the March 2020 quarter at 0.
Average
10.79
Median
8.79
Minimum
0.20
Maximum
21.17
Discovering the peaks and valleys of Disc Medicine, 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 = 3.21%
Maximum Annual Current Ratio = 21.17
Minimum Annual Increase = 0%
Minimum Annual Current Ratio = 0.20
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 21.17 | 24.12% |
| 2023 | 17.06 | 94.01% |
| 2022 | 8.79 | 30.43% |
| 2021 | 6.74 | 3.21% |
The current Current Ratio of Disc Medicine, Inc. (IRON) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
15.67
5-year avg
10.79
10-year avg
10.79
Disc Medicine, Inc.’s Current Ratio is greater than Legend Biotech Corporation (4.71), greater than Zai Lab Limited (3.12), greater than Tarsus Pharmaceuticals, Inc. (4.29), greater than Scholar Rock Holding Corporation (6.30), greater than ASCENTAGE PHARMA GROUP INTERNATIONAL (1.54), greater than Celcuity Inc. (12.26), greater than Adaptive Biotechnologies Corporation (2.84), greater than CG Oncology, Inc. Common stock (22.79), greater than Apogee Therapeutics, Inc. (15.86), greater than Xenon Pharmaceuticals Inc. (15.14),
| Company | Current Ratio | Market cap |
|---|---|---|
| 4.71 | $2.56B | |
| 3.12 | $2.21B | |
| 4.29 | $3.47B | |
| 6.30 | $4.61B | |
| 1.54 | $2.85B | |
| 12.26 | $4.90B | |
| 2.84 | $2.66B | |
| 22.79 | $3.35B | |
| 15.86 | $4.14B | |
| 15.14 | $3.45B |
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What is the 5-year average Current Ratio for Disc Medicine, Inc. (IRON)?
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