OMGA
Price:
$0.1426
Market Cap:
$7.90M
Omega Therapeutics, Inc. functions as a biopharmaceutical firm in its development phase. Its innovative OMEGA Epigenomic Programming platform leverages epigenetics—nature's fundamental system for gene regulation and cell differentiation—to engineer therapeutic solutions. The company is advancing various omega epigenomic controller (OEC) candidates to tackle a spectrum of diseases. These candidates are designed to enhance the expression of HNF4a, a crucial transcriptional master regulator, aiming to restore liver cell function in patients with chronic liver ailments. They also work to promote corneal regeneration in those with diabetes and other conditions by regulating genes associated with ...[Read more]
Industry
Biotechnology
IPO Date
2021-07-30
Stock Exchange
NASDAQ
Ticker
OMGA
According to Omega Therapeutics, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 3.35. This represents a change of 33.70% compared to the average of 2.51 of the last 4 quarters.
The mean historical Current Ratio of Omega Therapeutics, Inc. over the last ten years is 6.49. The current 3.35 Current Ratio has changed 5.06% with respect to the historical average. Over the past ten years (40 quarters), OMGA's Current Ratio was at its highest in in the December 2021 quarter at 19.13. The Current Ratio was at its lowest in in the March 2020 quarter at 0.
Average
6.49
Median
3.35
Minimum
1.19
Maximum
19.13
Discovering the peaks and valleys of Omega 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 = 513.73%
Maximum Annual Current Ratio = 19.13
Minimum Annual Increase = -70.33%
Minimum Annual Current Ratio = 1.19
| Year | Current Ratio | Change |
|---|---|---|
| 2023 | 3.35 | -40.93% |
| 2022 | 5.68 | -70.33% |
| 2021 | 19.13 | 513.73% |
| 2020 | 3.12 | 161.61% |
The current Current Ratio of Omega Therapeutics, Inc. (OMGA) 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
9.39
5-year avg
6.49
10-year avg
6.49
Omega Therapeutics, Inc.’s Current Ratio is greater than Tvardi Therapeutics, Inc. (2.25), greater than Turnstone Biologics Corp. (3.33), greater than Channel Therapeutics Corporation (2.79), greater than Biora Therapeutics, Inc. (0.30), less than COSCIENS Biopharma Inc. (8.01), less than TNF Pharmaceuticals, Inc. (3.71), greater than Kineta, Inc. (0.06), greater than Entero Therapeutics, Inc. (0.16), greater than IMV Inc. (2.93), less than Fresh Tracks Therapeutics, Inc. (6.98),
| Company | Current Ratio | Market cap |
|---|---|---|
| 2.25 | $24.77M | |
| 3.33 | $8.21M | |
| 2.79 | $8.90M | |
| 0.30 | $994.99K | |
| 8.01 | $8.57M | |
| 3.71 | $9.18M | |
| 0.06 | $7.05M | |
| 0.16 | $13.58M | |
| 2.93 | $23.42K | |
| 6.98 | $5.59M |
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