Design Therapeutics Inc

NASDAQ DSGN

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Design Therapeutics Inc Operating Cash Flow To Current Liabilities 2 year CAGR for the quarter ending March 31, 2024: -9.86%

Design Therapeutics Inc Operating Cash Flow To Current Liabilities 2 year CAGR is -9.86% for the quarter ending March 31, 2024, a -125.33% change year over year. 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.
  • Design Therapeutics Inc Operating Cash Flow To Current Liabilities for the quarter ending March 31, 2023 was -1.93, a 10.76% change year over year.
  • Design Therapeutics Inc Operating Cash Flow To Current Liabilities for the quarter ending March 31, 2022 was -2.16, a -116.35% change year over year.
  • Design Therapeutics Inc Operating Cash Flow To Current Liabilities for the quarter ending March 31, 2021 was -1.00.
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 19, 2024

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