Third Harmonic Bio Inc.

NASDAQ THRD

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Third Harmonic Bio Inc. Cash Flow Coverage Ratio 2 year CAGR for the Trailing 12 Months (TTM) ending June 30, 2023

Third Harmonic Bio Inc. Cash Flow Coverage Ratio 2 year CAGR is NA for the Trailing 12 Months (TTM) ending June 30, 2023. The cash flow coverage ratio evaluates a company's ability to cover its interest expense with its operating cash flow after deducting capital expenditures. It is calculated by dividing the difference between operating cash flow and capital expenditures by interest expense. This ratio indicates the company's ability to generate enough cash flow to service its interest payments. A higher ratio signifies better coverage and financial stability. 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.
  • Third Harmonic Bio Inc. Cash Flow Coverage Ratio for the Trailing 12 Months (TTM) ending March 31, 2023 was -24.47, a 99.10% change year over year.
  • Third Harmonic Bio Inc. Cash Flow Coverage Ratio for the Trailing 12 Months (TTM) ending March 31, 2022 was -2,704.33.
NASDAQ: THRD

Third Harmonic Bio Inc.

CEO Ms. Natalie C. Holles
IPO Date Sept. 14, 2022
Location United States
Headquarters 300 Technology Square, Cambridge, MA, United States, 02139
Employees 31
Sector Healthcare
Industry Biotechnology
Description

Third Harmonic Bio, Inc., a biopharmaceutical company, focuses on the development of the medicine for the treatment of dermal, respiratory, and gastrointestinal inflammatory diseases. The company develops oral small-molecule inhibitors of KIT, a cell surface receptor that serves as the master regulator of mast cell function and survival. It is also developing THB335, an oral small molecule KIT inhibitor for the treatment of mast cell-mediated skin, respiratory, and gastrointestinal conditions. The company was formerly known as Project IGE, Inc. and changed its name to Third Harmonic Bio, Inc. in June 2019. Third Harmonic Bio, Inc. was incorporated in 2019 and is headquartered in San Francisco, California.

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StockViz Staff

September 20, 2024

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