EQRx Financial Statements From 2010 to 2024
| EQRXWDelisted Stock | USD 0.19 0.01 5.00% |
Check EQRx financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among EQRx's main balance sheet or income statement drivers, such as , as well as many indicators such as . EQRx financial statements analysis is a perfect complement when working with EQRx Valuation or Volatility modules.
EQRx |
EQRx Inc Company Cash And Equivalents Analysis
EQRx's Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Current EQRx Cash And Equivalents | 456.47 M |
Most of EQRx's fundamental indicators, such as Cash And Equivalents, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, EQRx Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
CompetitionIn accordance with the recently published financial statements, EQRx Inc has 456.47 M in Cash And Equivalents. This is 44.39% lower than that of the Biotechnology sector and 2.09% higher than that of the Health Care industry. The cash and equivalents for all United States stocks is 83.11% higher than that of the company.
EQRx Inc Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining EQRx's current stock value. Our valuation model uses many indicators to compare EQRx value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across EQRx competition to find correlations between indicators driving EQRx's intrinsic value. More Info.EQRx Inc is one of the top stocks in number of shares shorted category among its peers. It is rated # 2 in ebitda category among its peers . Comparative valuation analysis is a catch-all technique that is used if you cannot value EQRx by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.About EQRx Financial Statements
EQRx investors use historical fundamental indicators, such as EQRx's revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in EQRx. Please read more on our technical analysis and fundamental analysis pages.
EQRx, Inc., a pharmaceutical company, engages in developing medicines primarily for the treatment of oncology and immune-inflammatory diseases in the United States. EQRx, Inc. was founded in 2020 and is based in Cambridge, Massachusetts. Eqrx Inc operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 216 people.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Other Consideration for investing in EQRx Stock
If you are still planning to invest in EQRx Inc check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the EQRx's history and understand the potential risks before investing.
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