Passage Bio Financials
PASG Stock | USD 0.75 0.13 20.97% |
Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
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Debt Equity Ratio | 0.0186 | 0.0303 |
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Current Ratio | 6.86 | 7.2186 |
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The essential information of the day-to-day investment outlook for Passage Bio includes many different criteria found on its balance sheet. An individual investor should monitor Passage Bio's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Passage Bio.
Net Income |
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Passage | Select Account or Indicator |
Understanding current and past Passage Bio Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Passage Bio's financial statements are interrelated, with each one affecting the others. For example, an increase in Passage Bio's assets may result in an increase in income on the income statement.
Passage Bio Stock Summary
Passage Bio competes with Ikena Oncology, Eliem Therapeutics, HCW Biologics, RenovoRx, and Tempest Therapeutics. Passage Bio, Inc., a genetic medicines company, develops transformative therapies for central nervous system diseases. The company was incorporated in 2017 and is headquartered in Philadelphia, Pennsylvania. Passage Bio operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 133 people.Specialization | Health Care, Pharmaceuticals, Biotechnology & Life Sciences |
Instrument | USA Stock View All |
Exchange | NASDAQ Exchange |
ISIN | US7027121000 |
CUSIP | 702712100 |
Location | Pennsylvania; U.S.A |
Business Address | One Commerce Square, |
Sector | Biotechnology |
Industry | Health Care |
Benchmark | Dow Jones Industrial |
Website | www.passagebio.com |
Phone | 267 866 0311 |
Currency | USD - US Dollar |
Passage Bio Key Financial Ratios
Return On Equity | -0.64 | ||||
EBITDA | (98.34 M) | ||||
Net Income | (102.06 M) | ||||
Cash Per Share | 4.39 X | ||||
Debt To Equity | 0.11 % |
Passage Bio Key Balance Sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 178.6M | 328.0M | 355.1M | 243.5M | 150.5M | 236.4M | |
Other Current Liab | 3.1M | 15.9M | 20.1M | 7.7M | 8.3M | 10.1M | |
Net Tangible Assets | (56.3M) | 304.7M | 318.7M | 201.4M | 231.6M | 166.4M | |
Net Debt | (158.9M) | (135.0M) | (129.0M) | (7.5M) | 4.6M | 4.8M | |
Retained Earnings | (58.7M) | (170.9M) | (356.3M) | (492.4M) | (594.5M) | (564.7M) | |
Accounts Payable | 629K | 5.3M | 9.4M | 4.1M | 1.3M | 1.2M | |
Cash | 158.9M | 135.0M | 129.0M | 34.6M | 21.7M | 20.6M | |
Other Assets | 11.8M | 2.8M | 0.0 | 4.3M | 1.0 | 0.95 | |
Other Current Assets | 6.9M | 12.4M | 9.3M | 7.4M | 3.7M | 6.4M | |
Total Liab | 4.3M | 23.3M | 36.4M | 42.2M | 39.3M | 35.0M | |
Net Invested Capital | 174.4M | 304.7M | 318.7M | 201.4M | 111.3M | 201.3M | |
Total Current Assets | 165.8M | 317.2M | 325.1M | 197.0M | 118.0M | 212.0M | |
Net Working Capital | 162.1M | 296.0M | 295.6M | 178.7M | 101.6M | 195.6M |
Passage Bio Key Income Statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Net Interest Income | 696K | 670K | 343K | 2.3M | 2.6M | 2.7M | |
Interest Income | 696K | 670K | 343K | 2.3M | 2.6M | 2.7M | |
Interest Expense | 8.4M | 670K | 343K | 2.3M | 2.0M | 2.0M | |
Operating Income | (37.2M) | (112.9M) | (185.7M) | (138.4M) | (108.4M) | (113.8M) | |
Ebit | (37.2M) | (113.7M) | (187.3M) | (142.1M) | (102.1M) | (107.2M) | |
Research Development | 29.7M | 81.8M | 117.7M | 86.1M | 61.4M | 70.7M | |
Ebitda | (26.9M) | (112.9M) | (185.7M) | (138.4M) | (98.3M) | (103.3M) | |
Income Before Tax | (45.6M) | (112.2M) | (185.4M) | (136.1M) | (102.1M) | (107.2M) | |
Net Income | (54.6M) | (111.8M) | (191.5M) | (136.9M) | (102.1M) | (107.2M) | |
Income Tax Expense | 8.9M | (470K) | 6.1M | 731K | 5.4M | 3.7M |
Passage Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Passage Bio's current stock value. Our valuation model uses many indicators to compare Passage Bio value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Passage Bio competition to find correlations between indicators driving Passage Bio's intrinsic value. More Info.Passage Bio is regarded third in return on equity category among its peers. It is regarded fifth in return on asset category among its peers . At this time, Passage Bio's Return On Equity is most likely to slightly decrease in the upcoming years. Comparative valuation analysis is a catch-all technique that is used if you cannot value Passage Bio 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.Passage Bio Systematic Risk
Passage Bio's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Passage Bio 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 Passage Bio correlated with the market. If Beta is less than 0 Passage Bio generally moves in the opposite direction as compared to the market. If Passage Bio Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Passage Bio is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Passage Bio is generally in the same direction as the market. If Beta > 1 Passage Bio moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Passage Bio Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Passage Bio'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 Passage Bio growth as a starting point in their analysis.
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Passage Bio November 28, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Passage Bio help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Passage Bio. We use our internally-developed statistical techniques to arrive at the intrinsic value of Passage Bio based on widely used predictive technical indicators. In general, we focus on analyzing Passage Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Passage Bio's daily price indicators and compare them against related drivers.
Downside Deviation | 6.97 | |||
Information Ratio | (0.01) | |||
Maximum Drawdown | 25.5 | |||
Value At Risk | (9.88) | |||
Potential Upside | 10.0 |
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When running Passage Bio's price analysis, check to measure Passage Bio'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 Passage Bio is operating at the current time. Most of Passage Bio's value examination focuses on studying past and present price action to predict the probability of Passage Bio's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Passage Bio's price. Additionally, you may evaluate how the addition of Passage Bio to your portfolios can decrease your overall portfolio volatility.
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