Tourmaline Bio, Inc.

Tourmaline Bio, Inc.verified

TRML

Price:

$47.98

Market Cap:

$1.23B

Tourmaline Bio, Inc. operates as a clinical biotechnology company that develops medicines for patients with life-altering immune diseases. It develops medicines and therapies for the Atherosclerotic cardiovascular disease (ASCVD) and Thyroid Eye Disease (TED). The company was incorporated in 2021 and is based in New York, New York.

Industry

Biotechnology

IPO Date

2021-05-07

Stock Exchange

NASDAQ

Ticker

TRML

The Current Ratio as of November 2025 (TTM) for Tourmaline Bio, Inc. (TRML) is 24.68

According to Tourmaline Bio, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 24.68. This represents a change of -23.52% compared to the average of 32.26 of the last 4 quarters.

Tourmaline Bio, Inc. (TRML) Historical Current Ratio (quarterly & annually)

How has TRML Current Ratio performed in the past?

The mean historical Current Ratio of Tourmaline Bio, Inc. over the last ten years is 23.42. The current 24.68 Current Ratio has changed 10.44% with respect to the historical average. Over the past ten years (40 quarters), TRML's Current Ratio was at its highest in in the March 2024 quarter at 62.17. The Current Ratio was at its lowest in in the March 2020 quarter at 0.

Quarterly (TTM)
Annual

Average

23.42

Median

23.99

Minimum

0.40

Maximum

44.29

Tourmaline Bio, Inc. (TRML) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Tourmaline Bio, 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 = 1.43%

Maximum Annual Current Ratio = 44.29

Minimum Annual Increase = -99.10%

Minimum Annual Current Ratio = 0.40

Quarterly (TTM)
Annual
YearCurrent RatioChange
202430.18-27.74%
202341.76584.75%
20226.101.43%
20210.40-99.10%
202044.29148.71%

Tourmaline Bio, Inc. (TRML) Average Current Ratio

How has TRML Current Ratio performed in the past?

The current Current Ratio of Tourmaline Bio, Inc. (TRML) is less than than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

26.01

5-year avg

24.54

10-year avg

23.42

Tourmaline Bio, Inc. (TRML) Current Ratio vs. Peers

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

Tourmaline Bio, Inc.’s Current Ratio is less than Terns Pharmaceuticals, Inc. (24.70), greater than Precigen, Inc. (0), greater than Immatics N.V. (7.36), greater than ORIC Pharmaceuticals, Inc. (14.65), less than Enliven Therapeutics, Inc. (32.58), greater than Amylyx Pharmaceuticals, Inc. (13.70), greater than Relay Therapeutics, Inc. (19.14), greater than Dianthus Therapeutics, Inc. (17.35), greater than Wave Life Sciences Ltd. (2.51), greater than Syndax Pharmaceuticals, Inc. (4.64),

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