Third Harmonic Bio Inc.

NASDAQ THRD

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Third Harmonic Bio Inc. Retained Earnings To Equity Ratio 1 year YoY Change (%) for the Trailing 12 Months (TTM) ending March 31, 2024: -1,048.92%

Third Harmonic Bio Inc. Retained Earnings To Equity Ratio 1 year YoY Change (%) is -1,048.92% for the Trailing 12 Months (TTM) ending March 31, 2024, a -1,000.96% change year over year. The retained earnings to equity ratio measures the proportion of a company's retained earnings to its shareholders' equity. It is calculated by dividing the retained earnings by the shareholders' equity. This ratio provides insights into the company's reinvestment of earnings and the level of retained profits relative to shareholders' equity. A higher ratio suggests a higher proportion of earnings being retained for reinvestment or future distribution to shareholders. The measure "Change (%)" refers to the percentage change in the value of a financial metric between two time points. This measure provides a relative perspective on the magnitude of change.
  • Third Harmonic Bio Inc. Retained Earnings To Equity Ratio for the Trailing 12 Months (TTM) ending March 31, 2023 was 0.05, a -95.27% change year over year.
  • Third Harmonic Bio Inc. Retained Earnings To Equity Ratio for the Trailing 12 Months (TTM) ending March 31, 2022 was 1.03.
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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