Design Therapeutics Inc

NASDAQ DSGN

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Design Therapeutics Inc Net Current Asset Value 2 year CAGR for the year ending December 31, 2023: -14.96%

Design Therapeutics Inc Net Current Asset Value 2 year CAGR is -14.96% for the year ending December 31, 2023. Net current asset value is a financial metric that represents the excess of a company's current assets over its total liabilities. It is calculated by subtracting the total liabilities from the total current assets of a company. Net current asset value provides insights into the value that would be available to shareholders if the company were to liquidate its current assets and pay off its liabilities. This metric is used to assess the company's liquidity position and the potential value for shareholders in a liquidation scenario. 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.
  • Design Therapeutics Inc Net Current Asset Value for the year ending December 31, 2022 was 321,292,000.00, a -14.78% change year over year.
  • Design Therapeutics Inc Net Current Asset Value for the year ending December 31, 2021 was 377,008,000.00, a 3,350.63% change year over year.
  • Design Therapeutics Inc Net Current Asset Value for the year ending December 31, 2020 was -11,598,000.00, a -218.45% change year over year.
  • Design Therapeutics Inc Net Current Asset Value for the year ending December 31, 2019 was -3,642,000.00.
NASDAQ: DSGN

Design Therapeutics Inc

CEO Dr. João Siffert M.D.
IPO Date March 26, 2021
Location United States
Headquarters 6005 Hidden Valley Road, Carlsbad, CA, United States, 92011
Employees 57
Sector Healthcare
Industry Biotechnology
Description

Design Therapeutics, Inc. a biopharmaceutical company, researches, designs, develops, and commercializes small molecule therapeutic drugs for the treatment of genetic diseases in the United States. The company utilizes its GeneTAC platform to design and develop therapeutic candidates for inherited diseases caused by nucleotide repeat expansion. Its lead product candidates for potentially disease-modifying treatment comprises Friedreich Ataxia, a monogenic, autosomal recessive, progressive multi-system disease that affects organ systems dependent on mitochondrial function that brings to neurological, cardiac, and metabolic dysfunction; Myotonic Dystrophy Type-1, a dominantly-inherited, monogenic progressive neuromuscular disease affecting skeletal muscle, heart, brain, and other organs; Fuchs Endothelial Corneal Dystrophy, a genetic eye disease characterized by bilateral degeneration of corneal endothelial cells and progressive loss of vision; and Huntington's Disease, a dominantly inherited, monogenic neurodegenerative disease characterized by movement, cognitive, and psychiatric disorders. Design Therapeutics, Inc. was incorporated in 2017 and is headquartered in Carlsbad, California.

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StockViz Staff

September 20, 2024

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