Acumen Pharmaceuticals Inc

NASDAQ ABOS

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Acumen Pharmaceuticals Inc Non-current Liabilities to Total Liabilities Ratio 3 year CAGR for the quarter ending March 31, 2024: 6.65%

Acumen Pharmaceuticals Inc Non-current Liabilities to Total Liabilities Ratio 3 year CAGR is 6.65% for the quarter ending March 31, 2024. The total non-current liabilities to total liabilities ratio measures the proportion of a company's non-current liabilities to its total liabilities. It is calculated by dividing the total non-current liabilities by the total liabilities. This ratio provides insights into the composition of a company's liabilities and the extent to which it relies on long-term debt and obligations. A higher ratio indicates a greater reliance on non-current liabilities, suggesting potential long-term financial commitments and increased financial risk. 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 Non-current Liabilities to Total Liabilities Ratio for the quarter ending March 31, 2023 was 0.09, a 508.92% change year over year.
  • Acumen Pharmaceuticals Inc Non-current Liabilities to Total Liabilities Ratio for the quarter ending March 31, 2022 was 0.02, a -97.60% change year over year.
  • Acumen Pharmaceuticals Inc Non-current Liabilities to Total Liabilities Ratio for the quarter ending March 31, 2021 was 0.64.
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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September 19, 2024

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