TSBX
Price:
$0.355
Market Cap:
$8.21M
Turnstone Biologics Corp., a clinical stage biotechnology company, focuses on developing medicines to treat and cure patients with solid tumors. The company's lead product includes TIDAL-01 that is in Phase 1 clinical trials for the treatment of breast cancer, colorectal cancer, and uveal melanoma, as well as an investigator sponsored trial to treat cutaneous and non-cutaneous melanomas. It is also developing TIDAL-02, which is in preclinical development for the treatment of solid tumors. The company was founded in 2014 and is based in LA Jolla, California.
Industry
Biotechnology
IPO Date
2023-07-21
Stock Exchange
NASDAQ
Ticker
TSBX
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.
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.
Average
4.70
Median
3.70
Minimum
2.81
Maximum
8.57
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
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 4.17 | -51.29% |
| 2023 | 8.57 | 204.47% |
| 2022 | 2.81 | -12.77% |
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.’s Current Ratio is less than Tvardi Therapeutics, Inc. (3.48), greater than Biora Therapeutics, Inc. (0.05), greater than Omega Therapeutics, Inc. (1.61), greater than Channel Therapeutics Corporation (0.11), greater than IMV Inc. (2.93), greater than COSCIENS Biopharma Inc. (2.98), greater than Apexigen, Inc. (1.29), greater than TNF Pharmaceuticals, Inc. (0.93), greater than Kineta, Inc. (0.06), less than CervoMed Inc. (20.63),
| Company | Current Ratio | Market cap |
|---|---|---|
| 3.48 | $39.21M | |
| 0.05 | $994.99K | |
| 1.61 | $7.90M | |
| 0.11 | $8.90M | |
| 2.93 | $117.00 | |
| 2.98 | $6.43M | |
| 1.29 | $9.57M | |
| 0.93 | $9.18M | |
| 0.06 | $7.05M | |
| 20.63 | $83.83M |
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