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
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.
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.
Average
25.23
Median
21.08
Minimum
10.08
Maximum
46.35
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
| Year | Current Ratio | Change |
|---|---|---|
| 2021 | 21.08 | -54.53% |
| 2020 | 46.35 | 56.75% |
| 2019 | 29.57 | 55.02% |
| 2018 | 19.08 | 89.24% |
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.’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),
| Company | Current Ratio | Market cap |
|---|---|---|
| 4.33 | $3.54B | |
| 6.96 | $4.12B | |
| 10.96 | $3.73B | |
| 28.69 | $3.75B | |
| 0.22 | $4.24B | |
| 28.94 | $2.86B | |
| 3.08 | $2.86B | |
| 7.59 | $2.71B | |
| 1.95 | $2.62B | |
| 7.86 | $4.46B |
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