Ikena Oncology Financials

IKNA Stock  USD 1.69  0.02  1.17%   
Based on the key measurements obtained from Ikena Oncology's financial statements, Ikena Oncology is not in a good financial situation at this time. It has a very high odds of going through financial crisis in December. At present, Ikena Oncology's Total Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Net Tangible Assets is expected to grow to about 177.5 M, whereas Other Current Liabilities is forecasted to decline to about 3.8 M. Key indicators impacting Ikena Oncology's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio13.2112.5774
Sufficiently Up
Slightly volatile
The financial analysis of Ikena Oncology is a critical element in measuring its lifeblood. Investors should not minimize Ikena Oncology's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Net Income

(71.57 Million)

  
Understanding current and past Ikena Oncology Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Ikena Oncology's financial statements are interrelated, with each one affecting the others. For example, an increase in Ikena Oncology's assets may result in an increase in income on the income statement.
Please note, the presentation of Ikena Oncology's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Ikena Oncology's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Ikena Oncology's management manipulating its earnings.

Ikena Oncology Stock Summary

Ikena Oncology competes with Edgewise Therapeutics, Design Therapeutics, Xilio Development, Eliem Therapeutics, and Monte Rosa. Ikena Oncology, Inc., a targeted oncology company, focuses on developing medicines tailored to biomarker-defined patient groups for specific unmet needs. The company was incorporated in 2016 and is headquartered in Boston, Massachusetts. Ikena Oncology operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 79 people.
Specialization
Health Care, Pharmaceuticals, Biotechnology & Life Sciences
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS45175G1085
CUSIP45175G108
LocationMassachusetts; U.S.A
Business Address645 Summer Street,
SectorBiotechnology
IndustryHealth Care
BenchmarkDow Jones Industrial
Websiteikenaoncology.com
Phone857 273 8343
CurrencyUSD - US Dollar

Ikena Oncology Key Financial Ratios

Ikena Oncology Key Balance Sheet Accounts

201920202021202220232024 (projected)
Other Current Liab121K5.0M4.0M6.4M5.0M3.8M
Net Tangible Assets(61.5M)(101.0M)207.9M147.0M169.0M177.5M
Retained Earnings(67.1M)(111.3M)(145.5M)(214.2M)(282.4M)(268.3M)
Accounts Payable935K2.1M2.4M2.1M2.1M2.2M
Other Current Assets1.3M3.5M4.3M3.1M3.2M2.9M
Total Current Assets85.2M166.0M236.5M160.0M178.7M155.2M

Ikena Oncology Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash63.9M81.3M69.7M(172.3M)60.4M63.4M
Depreciation243K300K544K751K1.0M556.8K
Capital Expenditures316K766K1.8M1.4M414K393.3K
Net Income(16.8M)(44.3M)(34.1M)(68.8M)(68.2M)(71.6M)
End Period Cash Flow82.1M163.4M233.1M60.8M121.2M124.4M
Change To Netincome1.0M13.9M5.2M7.7M6.9M9.1M

Ikena Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Ikena Oncology's current stock value. Our valuation model uses many indicators to compare Ikena Oncology value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Ikena Oncology competition to find correlations between indicators driving Ikena Oncology's intrinsic value. More Info.
Ikena Oncology is rated fifth overall in return on equity category among its peers. It also is rated fifth overall in return on asset category among its peers . At present, Ikena Oncology's Return On Equity is projected to slightly decrease based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Ikena Oncology's earnings, one of the primary drivers of an investment's value.

Ikena Oncology Systematic Risk

Ikena Oncology's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Ikena Oncology volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Ikena Oncology correlated with the market. If Beta is less than 0 Ikena Oncology generally moves in the opposite direction as compared to the market. If Ikena Oncology Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Ikena Oncology is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Ikena Oncology is generally in the same direction as the market. If Beta > 1 Ikena Oncology moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Ikena Oncology Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Ikena Oncology's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Ikena Oncology growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.1

At present, Ikena Oncology's Price Earnings To Growth Ratio is projected to slightly decrease based on the last few years of reporting.

Ikena Oncology November 28, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Ikena Oncology help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Ikena Oncology. We use our internally-developed statistical techniques to arrive at the intrinsic value of Ikena Oncology based on widely used predictive technical indicators. In general, we focus on analyzing Ikena Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Ikena Oncology's daily price indicators and compare them against related drivers.

Complementary Tools for Ikena Stock analysis

When running Ikena Oncology's price analysis, check to measure Ikena Oncology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ikena Oncology is operating at the current time. Most of Ikena Oncology's value examination focuses on studying past and present price action to predict the probability of Ikena Oncology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ikena Oncology's price. Additionally, you may evaluate how the addition of Ikena Oncology to your portfolios can decrease your overall portfolio volatility.
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