Turnstone Biologics Corp.

Turnstone Biologics Corp. - Current Ratioverified

TSBX

Price:

$0.355

Market Cap:

$8.21M

Turnstone Biologics Corp. is a clinical-stage biotechnology firm dedicated to developing therapeutic and curative treatments for patients battling solid tumor cancers. Its leading investigational drug, TIDAL-01, is currently undergoing Phase 1 clinical trials for indications such as breast cancer, colorectal cancer, and uveal melanoma. This compound is also being assessed in an investigator-sponsored trial to address cutaneous and non-cutaneous melanomas. Furthermore, the company is advancing TIDAL-02, which is in preclinical development for treating various solid tumors. Turnstone Biologics was established in 2014 and maintains its headquarters in La Jolla, California.

Industry

Biotechnology

IPO Date

2023-07-21

Stock Exchange

NASDAQ

Ticker

TSBX

The Current Ratio as of June 2026 (TTM) for Turnstone Biologics Corp. (TSBX) is 3.33

According to Turnstone Biologics Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 3.33. This represents a change of -10.98% compared to the average of 3.74 of the last 4 quarters.

Turnstone Biologics Corp. (TSBX) Historical Current Ratio (quarterly & annually)

How has TSBX Current Ratio performed in the past?

The mean historical Current Ratio of Turnstone Biologics Corp. over the last ten years is 4.70. The current 3.33 Current Ratio has changed 6.99% with respect to the historical average. Over the past ten years (40 quarters), TSBX's Current Ratio was at its highest in in the September 2023 quarter at 9.08. The Current Ratio was at its lowest in in the March 2022 quarter at 0.

Quarterly (TTM)
Annual

Average

4.70

Median

3.70

Minimum

2.81

Maximum

8.57

Turnstone Biologics Corp. (TSBX) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Turnstone Biologics Corp. 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 = 204.47%

Maximum Annual Current Ratio = 8.57

Minimum Annual Increase = -51.29%

Minimum Annual Current Ratio = 2.81

Quarterly (TTM)
Annual
YearCurrent RatioChange
20244.17-51.29%
20238.57204.47%
20222.81-12.77%

Turnstone Biologics Corp. (TSBX) Average Current Ratio

How has TSBX Current Ratio performed in the past?

The current Current Ratio of Turnstone Biologics Corp. (TSBX) 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

5.19

5-year avg

4.70

10-year avg

4.70

Turnstone Biologics Corp. (TSBX) Current Ratio vs. Peers

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

Turnstone Biologics Corp.’s Current Ratio is greater than Tvardi Therapeutics, Inc. (2.25), greater than Biora Therapeutics, Inc. (0.30), less than Omega Therapeutics, Inc. (3.35), greater than Channel Therapeutics Corporation (2.79), greater than IMV Inc. (2.93), less than COSCIENS Biopharma Inc. (8.01), greater than Apexigen, Inc. (1.29), less than TNF Pharmaceuticals, Inc. (3.71), greater than Kineta, Inc. (0.06), less than CervoMed Inc. (3.36),

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