Intellia Current Ratio from 2010 to 2024

NTLA Stock  USD 13.80  0.68  5.18%   
Intellia Therapeutics' Current Ratio is increasing over the years with slightly volatile fluctuation. Current Ratio is expected to dwindle to 6.55. Current Ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. View All Fundamentals
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
8.66545726
Current Value
6.55
Quarterly Volatility
2.35842988
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Intellia Therapeutics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Intellia Therapeutics' main balance sheet or income statement drivers, such as Depreciation And Amortization of 4.9 M, Interest Expense of 10.3 M or Selling General Administrative of 122.3 M, as well as many indicators such as Price To Sales Ratio of 51.24, Dividend Yield of 0.0 or PTB Ratio of 2.74. Intellia financial statements analysis is a perfect complement when working with Intellia Therapeutics Valuation or Volatility modules.
  
Check out the analysis of Intellia Therapeutics Correlation against competitors.
For information on how to trade Intellia Stock refer to our How to Trade Intellia Stock guide.

Latest Intellia Therapeutics' Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Intellia Therapeutics over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. Intellia Therapeutics' Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Intellia Therapeutics' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 7.24 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

Intellia Current Ratio Regression Statistics

Arithmetic Mean7.04
Geometric Mean6.66
Coefficient Of Variation33.50
Mean Deviation2.02
Median7.26
Standard Deviation2.36
Sample Variance5.56
Range7.0136
R-Value0.62
Mean Square Error3.70
R-Squared0.38
Significance0.01
Slope0.33
Total Sum of Squares77.87

Intellia Current Ratio History

2024 6.55
2023 8.67
2022 9.61
2021 6.11
2020 9.3
2019 8.12
2018 8.01

About Intellia Therapeutics Financial Statements

Intellia Therapeutics stakeholders use historical fundamental indicators, such as Intellia Therapeutics' Current Ratio, to determine how well the company is positioned to perform in the future. Although Intellia Therapeutics investors may analyze each financial statement separately, they are all interrelated. For example, changes in Intellia Therapeutics' assets and liabilities are reflected in the revenues and expenses on Intellia Therapeutics' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Intellia Therapeutics. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 8.67  6.55 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Intellia Therapeutics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Intellia Therapeutics' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Intellia Therapeutics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Intellia Therapeutics Stock:
Check out the analysis of Intellia Therapeutics Correlation against competitors.
For information on how to trade Intellia Stock refer to our How to Trade Intellia Stock guide.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Intellia Therapeutics. If investors know Intellia will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Intellia Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(5.45)
Revenue Per Share
0.449
Quarterly Revenue Growth
(0.24)
Return On Assets
(0.28)
Return On Equity
(0.52)
The market value of Intellia Therapeutics is measured differently than its book value, which is the value of Intellia that is recorded on the company's balance sheet. Investors also form their own opinion of Intellia Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Intellia Therapeutics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Intellia Therapeutics' market value can be influenced by many factors that don't directly affect Intellia Therapeutics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Intellia Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Intellia Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Intellia Therapeutics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.