QNCX
Price:
$3.6
Market Cap:
$200.45M
Quince Therapeutics, Inc., a biopharmaceutical company, focuses on advancing precision therapeutics for debilitating and rare diseases. The company has discovered a broad bone-targeting drug platform to precisely deliver small molecules, peptides, or large molecules directly to the site of bone fracture and disease. Its lead compound is NOV004, an anabolic peptide engineered to precisely target and concentrate at the bone fracture site The company was formerly known as Cortexyme, Inc. and changed its name to Quince Therapeutics, Inc. in August 2022. Quince Therapeutics, Inc. was incorporated in 2012 and is headquartered in South San Francisco, California.
Industry
Biotechnology
IPO Date
2019-05-09
Stock Exchange
NASDAQ
Ticker
QNCX
According to Quince Therapeutics, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 5.00. This represents a change of -18.79% compared to the average of 6.16 of the last 4 quarters.
The mean historical Current Ratio of Quince Therapeutics, Inc. over the last ten years is 15.83. The current 5.00 Current Ratio has changed 3.06% with respect to the historical average. Over the past ten years (40 quarters), QNCX's Current Ratio was at its highest in in the December 2018 quarter at 49.82. The Current Ratio was at its lowest in in the March 2018 quarter at 0.
Average
15.83
Median
8.10
Minimum
4.28
Maximum
49.82
Discovering the peaks and valleys of Quince 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 = 1.07%
Maximum Annual Current Ratio = 49.82
Minimum Annual Increase = -76.06%
Minimum Annual Current Ratio = 4.28
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 6.05 | -25.21% |
| 2023 | 8.09 | -73.52% |
| 2022 | 30.55 | 289.03% |
| 2021 | 7.85 | -3.20% |
| 2020 | 8.11 | -31.99% |
| 2019 | 11.93 | -76.06% |
| 2018 | 49.82 | 1.07% |
The current Current Ratio of Quince Therapeutics, Inc. (QNCX) 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
14.90
5-year avg
12.13
10-year avg
15.83
Quince Therapeutics, Inc.’s Current Ratio is less than aTyr Pharma, Inc. (5.93), greater than Precision BioSciences, Inc. (3.45), greater than InflaRx N.V. (4.10), less than Metagenomi, Inc. Common Stock (6.36), greater than Fractyl Health, Inc. Common Stock (4.27), greater than ALX Oncology Holdings Inc. (4.52), less than Connect Biopharma Holdings Limited (7.24), greater than Adverum Biotechnologies, Inc. (0.65), less than CAMP4 Therapeutics Corporation (5.60), less than Kalaris Therapeutics Inc (12.89),
| Company | Current Ratio | Market cap |
|---|---|---|
| 5.93 | $81.11M | |
| 3.45 | $66.54M | |
| 4.10 | $74.52M | |
| 6.36 | $67.21M | |
| 4.27 | $142.94M | |
| 4.52 | $74.28M | |
| 7.24 | $141.98M | |
| 0.65 | $92.06M | |
| 5.60 | $72.00M | |
| 12.89 | $110.72M |
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