KNTE
Price:
$2.65
Market Cap:
$124.99M
Kinnate Biopharma Inc. is a U.S.-based biopharmaceutical company primarily focused on identifying and advancing small-molecule drugs that target kinase enzymes to treat cancers defined by specific genetic markers. The company's product pipeline includes: KIN-2787: An inhibitor of rapidly accelerated fibrosarcoma (RAF), currently being developed to treat patients with lung cancer, melanoma, and other forms of solid tumors. KIN-3248: A small-molecule kinase inhibitor designed to counteract cancer-associated genetic mutations in the fibroblast growth factor receptors, specifically FGFR2 and FGFR3. KIN004 Program: This program encompasses early-stage small-molecule research, including a Cyclin-D...[Read more]
Industry
Biotechnology
IPO Date
2020-12-03
Stock Exchange
NASDAQ
Ticker
KNTE
According to Kinnate Biopharma Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 13.19. This represents a change of 11.64% compared to the average of 11.81 of the last 4 quarters.
The mean historical Current Ratio of Kinnate Biopharma Inc. over the last ten years is 26.57. The current 13.19 Current Ratio has changed 4.86% with respect to the historical average. Over the past ten years (40 quarters), KNTE's Current Ratio was at its highest in in the December 2020 quarter at 54.79. The Current Ratio was at its lowest in in the March 2020 quarter at 0.
Average
26.57
Median
19.09
Minimum
13.19
Maximum
54.79
Discovering the peaks and valleys of Kinnate Biopharma 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 = 130.24%
Maximum Annual Current Ratio = 54.79
Minimum Annual Increase = -61.89%
Minimum Annual Current Ratio = 13.19
| Year | Current Ratio | Change |
|---|---|---|
| 2023 | 13.19 | -1.93% |
| 2022 | 13.45 | -35.61% |
| 2021 | 20.88 | -61.89% |
| 2020 | 54.79 | 37.60% |
| 2019 | 39.82 | 130.24% |
The current Current Ratio of Kinnate Biopharma Inc. (KNTE) 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
15.84
5-year avg
28.43
10-year avg
26.57
Kinnate Biopharma Inc.’s Current Ratio is greater than NGM Biopharmaceuticals, Inc. (7.79), greater than Graybug Vision, Inc. (1.61), greater than Decibel Therapeutics, Inc. (4.81), greater than Paratek Pharmaceuticals, Inc. (3.66), less than Tourmaline Bio, Inc. (24.68), greater than aTyr Pharma, Inc. (5.78), greater than RVL Pharmaceuticals plc (2.89), greater than Pardes Biosciences, Inc. (9.81), greater than Sesen Bio, Inc. (0.86), greater than Aadi Bioscience, Inc. (11.36),
| Company | Current Ratio | Market cap |
|---|---|---|
| 7.79 | $128.53M | |
| 1.61 | $120.98M | |
| 4.81 | $123.37M | |
| 3.66 | $127.83M | |
| 24.68 | $1.23B | |
| 5.78 | $44.17M | |
| 2.89 | $3.14M | |
| 9.81 | $135.19M | |
| 0.86 | $127.96M | |
| 11.36 | $94.89M |
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