Third Harmonic Bio Inc.

NASDAQ THRD

Download Data

Third Harmonic Bio Inc. Liabilities to Equity Ratio 2 year CAGR for the Trailing 12 Months (TTM) ending March 31, 2024

Third Harmonic Bio Inc. Liabilities to Equity Ratio 2 year CAGR is NA for the Trailing 12 Months (TTM) ending March 31, 2024. The liabilities to equity ratio, also known as the leverage ratio, measures the proportion of a company's total liabilities to its shareholders' equity. It is calculated by dividing the total liabilities by the shareholders' equity. This ratio provides insights into the extent to which a company relies on debt financing compared to equity financing. A higher ratio indicates higher financial leverage, which can amplify both returns and risks for the company's shareholders. 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. Liabilities to Equity Ratio for the Trailing 12 Months (TTM) ending March 31, 2023 was -0.70, a 81.38% change year over year.
  • Third Harmonic Bio Inc. Liabilities to Equity Ratio for the Trailing 12 Months (TTM) ending March 31, 2022 was -3.77.
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.

Similar companies

NXTC

NextCure  Inc

NA

NA

CGEM

Cullinan Oncology LLC

NA

NA

EWTX

Edgewise Therapeutics Inc

NA

NA

RLYB

Rallybio Corp

NA

NA

GLUE

Monte Rosa Therapeutics Inc

NA

NA

HOWL

Werewolf Therapeutics Inc

NA

NA

ACRV

Acrivon Therapeutics Inc. Common Stock

NA

NA

ELYM

Eliem Therapeutics Inc

NA

NA

StockViz Staff

September 20, 2024

Any question? Send us an email