Turning Point Therapeutics, Inc.

Turning Point Therapeutics, Inc. - Current Ratioverified

TPTX

Price:

$75.49

Market Cap:

$0

Turning Point Therapeutics is a biopharmaceutical firm specializing in precision oncology, currently in the clinical development stage. The company is dedicated to discovering and advancing targeted therapies that address the underlying genetic causes of cancer. They have developed a portfolio of innovative tyrosine kinase inhibitors (TKIs) designed to treat cancer patients, including those who have not yet received TKI treatment and those who have previously been treated with TKIs. Their flagship experimental compound, repotrectinib, is currently undergoing evaluation in the Phase 1/2 TRIDENT-1 clinical study. This trial is aimed at individuals with advanced non-small-cell lung cancer (NSCL...[Read more]

Industry

Biotechnology

IPO Date

2019-04-17

Stock Exchange

NASDAQ

Ticker

TPTX

The Current Ratio as of June 2026 (TTM) for Turning Point Therapeutics, Inc. (TPTX) is 21.08

According to Turning Point Therapeutics, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 21.08. This represents a change of -1.14% compared to the average of 21.32 of the last 4 quarters.

Turning Point Therapeutics, Inc. (TPTX) Historical Current Ratio (quarterly & annually)

How has TPTX Current Ratio performed in the past?

The mean historical Current Ratio of Turning Point Therapeutics, Inc. over the last ten years is 25.23. The current 21.08 Current Ratio has changed 8.25% with respect to the historical average. Over the past ten years (40 quarters), TPTX's Current Ratio was at its highest in in the June 2020 quarter at 62.79. The Current Ratio was at its lowest in in the March 2018 quarter at 0.

Quarterly (TTM)
Annual

Average

25.23

Median

21.08

Minimum

10.08

Maximum

46.35

Turning Point Therapeutics, Inc. (TPTX) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Turning Point 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 = 89.24%

Maximum Annual Current Ratio = 46.35

Minimum Annual Increase = -54.53%

Minimum Annual Current Ratio = 10.08

Quarterly (TTM)
Annual
YearCurrent RatioChange
202121.08-54.53%
202046.3556.75%
201929.5755.02%
201819.0889.24%

Turning Point Therapeutics, Inc. (TPTX) Average Current Ratio

How has TPTX Current Ratio performed in the past?

The current Current Ratio of Turning Point Therapeutics, Inc. (TPTX) 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

32.33

5-year avg

25.23

10-year avg

25.23

Turning Point Therapeutics, Inc. (TPTX) Current Ratio vs. Peers

How is TPTX’s Current Ratio compared to its peers?

Turning Point Therapeutics, Inc.’s Current Ratio is greater than SpringWorks Therapeutics, Inc. (4.33), greater than Mirati Therapeutics, Inc. (6.96), greater than CymaBay Therapeutics, Inc. (10.96), less than RayzeBio, Inc. Common Stock (28.69), greater than Opthea Limited (0.22), less than Morphic Holding, Inc. (28.94), greater than MorphoSys AG (3.08), greater than Chinook Therapeutics, Inc. (7.59), greater than Myovant Sciences Ltd. (1.95), greater than Alpine Immune Sciences, Inc. (7.86),

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