Acumen Pharmaceuticals Inc

NASDAQ ABOS

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Acumen Pharmaceuticals Inc Operating Cash Flow To Current Liabilities 3 year CAGR for the Trailing 12 Months (TTM) ending March 31, 2024: 100.29%

Acumen Pharmaceuticals Inc Operating Cash Flow To Current Liabilities 3 year CAGR is 100.29% for the Trailing 12 Months (TTM) ending March 31, 2024. The operating cash flow to current liabilities ratio measures the ability of a company's operating cash flow to cover its current liabilities. It is calculated by dividing the operating cash flow by the current liabilities. This ratio indicates the company's short-term liquidity position and its ability to meet its immediate financial obligations using cash generated from its operations. A higher ratio suggests a stronger ability to cover current liabilities with operating cash flow. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
  • Acumen Pharmaceuticals Inc Operating Cash Flow To Current Liabilities for the Trailing 12 Months (TTM) ending March 31, 2023 was -1.31, a 41.25% change year over year.
  • Acumen Pharmaceuticals Inc Operating Cash Flow To Current Liabilities for the Trailing 12 Months (TTM) ending March 31, 2022 was -2.23, a -750.20% change year over year.
  • Acumen Pharmaceuticals Inc Operating Cash Flow To Current Liabilities for the Trailing 12 Months (TTM) ending March 31, 2021 was -0.26.
NASDAQ: ABOS

Acumen Pharmaceuticals Inc

CEO Mr. Daniel J. O'Connell M.B.A.
IPO Date July 1, 2021
Location United States
Headquarters 427 Park Street, Charlottesville, VA, United States, 22902
Employees 51
Sector Healthcare
Industry Biotechnology
Description

Acumen Pharmaceuticals, Inc., a clinical-stage biopharmaceutical company, develops targeted therapies for the treatment of Alzheimer's disease. The company focuses on advancing a targeted immunotherapy drug candidate sabirnetug (ACU193), a recombinant humanized immunoglobulin gamma 2 that completed Phase I clinical trial to target soluble amyloid-beta oligomers. The company has a license agreement with Lonza Sales AG to manufacture and commercialize sabirnetug; and a collaboration and license agreement with Halozyme, Inc. for the development of a subcutaneous formulation of sabirnetug. Acumen Pharmaceuticals, Inc. was incorporated in 1996 and is headquartered in Charlottesville, Virginia.

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StockViz Staff

September 20, 2024

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