Passage Financial Statements From 2010 to 2024

PASG Stock  USD 0.62  0.11  21.57%   
Passage Bio financial statements provide useful quarterly and yearly information to potential Passage Bio investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Passage Bio financial statements helps investors assess Passage Bio's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Passage Bio's valuation are summarized below:
Market Capitalization
31.2 M
Earnings Share
(1.17)
There are over one hundred nineteen available trending fundamental ratios for Passage Bio, which can be analyzed over time and compared to other ratios. Active traders should verify all of Passage Bio recent fundamental drivers against the trend between 2010 and 2024 to make sure the company can sustain itself down the road. The current Market Cap is estimated to decrease to about 52.5 M. Enterprise Value is estimated to decrease to about 56.9 M
Check Passage Bio financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Passage Bio's main balance sheet or income statement drivers, such as Net Interest Income of 2.7 M, Interest Income of 2.7 M or Depreciation And Amortization of 2.8 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 0.52. Passage financial statements analysis is a perfect complement when working with Passage Bio Valuation or Volatility modules.
  
Check out the analysis of Passage Bio Correlation against competitors.
For more detail on how to invest in Passage Stock please use our How to Invest in Passage Bio guide.

Passage Bio Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets236.4 M150.5 M119.6 M
Slightly volatile
Other Current Liabilities10.1 M8.3 M4.4 M
Slightly volatile
Total Current Liabilities16.4 M16.3 M7.2 M
Slightly volatile
Other Liabilities8.4 MM3.5 M
Slightly volatile
Property Plant And Equipment Net18.7 M32.2 M8.1 M
Slightly volatile
Accounts Payable1.2 M1.3 M1.6 M
Slightly volatile
Cash20.6 M21.7 M48.2 M
Slightly volatile
Non Current Assets Total23.8 M32.6 M10.3 M
Slightly volatile
Non Currrent Assets Other411.4 K433 K1.9 M
Slightly volatile
Cash And Short Term Investments203.2 M114.3 M100.7 M
Slightly volatile
Common Stock Shares Outstanding49.7 M54.7 M34.2 M
Slightly volatile
Liabilities And Stockholders Equity236.4 M150.5 M119.6 M
Slightly volatile
Non Current Liabilities Total13.6 M22.9 M31.9 M
Slightly volatile
Other Current Assets6.4 M3.7 M8.2 M
Slightly volatile
Other Stockholder Equity510.6 M705.8 M220.2 M
Slightly volatile
Total Liabilities35 M39.3 M39.4 M
Slightly volatile
Property Plant And Equipment Gross41.4 M39.4 M8.7 M
Slightly volatile
Total Current Assets212 M118 M109 M
Slightly volatile
Net Working Capital195.6 M101.6 M101.8 M
Slightly volatile
Common Stock4.4 K5.8 KK
Slightly volatile
Property Plant Equipment27.2 M25.9 M6.9 M
Slightly volatile
Common Stock Total Equity4.7 K5.8 K3.6 K
Slightly volatile
Deferred Long Term Liabilities171 K180 K1.2 M
Slightly volatile
Non Current Liabilities Other46.8 K36.9 K64.4 K
Slightly volatile
Net Receivables4.9 M3.8 M7.2 M
Slightly volatile
Short Term Investments120.8 M92.6 M161.5 M
Slightly volatile
Capital Surpluse676.8 M798.9 M538.5 M
Slightly volatile
Short and Long Term Debt Total21.4 M26.3 M26.7 M
Slightly volatile
Short Term Debt7.3 M6.7 M6.6 M
Slightly volatile

Passage Bio Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization2.8 M3.7 M1.9 M
Slightly volatile
Interest ExpenseMM1.5 M
Slightly volatile
Selling General Administrative34.6 M41.6 M15.4 M
Slightly volatile
Other Operating Expenses106.4 M108.4 M51.2 M
Slightly volatile
Research Development70.7 M61.4 M35.3 M
Slightly volatile
Total Operating Expenses106.4 M108.4 M51.2 M
Slightly volatile
Cost Of Revenue2.2 M3.7 M883.7 K
Slightly volatile
Non Recurring4.4 M3.5 MM
Slightly volatile
Selling And Marketing Expenses3.8 M4.2 M4.6 M
Slightly volatile

Passage Bio Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation3.9 M3.7 M999.3 K
Slightly volatile
Other Non Cash Items4.1 M3.8 M3.2 M
Slightly volatile
Capital Expenditures138.7 K146 K3.8 M
Pretty Stable
Change To Account Receivables335.5 K457.7 K286.2 K
Slightly volatile
Issuance Of Capital Stock142.5 K150 K65.7 M
Pretty Stable
End Period Cash Flow20.6 M21.7 M48.2 M
Slightly volatile
Change To Netincome17.7 M21.8 M9.5 M
Slightly volatile
Stock Based Compensation17.3 M10.9 M7.3 M
Slightly volatile
Sale Purchase Of Stock128.2 K135 K305.2 K
Very volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Capex To Depreciation0.03730.03929.7686
Slightly volatile
Payables Turnover3.012.86670.6152
Slightly volatile
Cash Per Share3.182.08782.3581
Slightly volatile
Days Payables Outstanding1211271.5 K
Slightly volatile
Income Quality0.980.76681.1985
Slightly volatile
Current Ratio6.867.218671.665
Slightly volatile
Graham Number10.789.23437.4288
Slightly volatile
Debt To Equity0.01860.03030.0174
Slightly volatile
Capex Per Share0.00250.00270.1078
Very volatile
Interest Debt Per Share0.08990.06160.0984
Slightly volatile
Debt To Assets0.01430.02240.0141
Slightly volatile
Days Of Payables Outstanding1211271.5 K
Slightly volatile
Ebt Per Ebit1.120.94160.9866
Slightly volatile
Total Debt To Capitalization0.01820.02940.017
Slightly volatile
Debt Equity Ratio0.01860.03030.0174
Slightly volatile
Quick Ratio6.867.218671.665
Slightly volatile
Net Income Per E B T1.171.161.155
Slightly volatile
Cash Ratio1.261.328552.4804
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio1.181.00191.1149
Slightly volatile
Debt Ratio0.01430.02240.0141
Slightly volatile

Passage Bio Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap52.5 M55.3 M485.6 M
Slightly volatile
Enterprise Value56.9 M59.9 M444.2 M
Slightly volatile

Passage Fundamental Market Drivers

Cash And Short Term Investments114.3 M

Passage Upcoming Events

4th of March 2024
Upcoming Quarterly Report
View
9th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
4th of March 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Passage Bio Financial Statements

Passage Bio stakeholders use historical fundamental indicators, such as Passage Bio's revenue or net income, to determine how well the company is positioned to perform in the future. Although Passage Bio investors may analyze each financial statement separately, they are all interrelated. For example, changes in Passage Bio's assets and liabilities are reflected in the revenues and expenses on Passage Bio's 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 Passage Bio. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Cost Of Revenue3.7 M2.2 M

Currently Active Assets on Macroaxis

When determining whether Passage Bio is a strong investment it is important to analyze Passage Bio's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Passage Bio's future performance. For an informed investment choice regarding Passage Stock, refer to the following important reports:
Check out the analysis of Passage Bio Correlation against competitors.
For more detail on how to invest in Passage Stock please use our How to Invest in Passage Bio guide.
You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
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 Passage Bio. If investors know Passage 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 Passage Bio listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.17)
Return On Assets
(0.34)
Return On Equity
(0.64)
The market value of Passage Bio is measured differently than its book value, which is the value of Passage that is recorded on the company's balance sheet. Investors also form their own opinion of Passage Bio's value that differs from its market value or its book value, called intrinsic value, which is Passage Bio's 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 Passage Bio's market value can be influenced by many factors that don't directly affect Passage Bio's 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 Passage Bio's value and its price as these two are different measures arrived at by different means. Investors typically determine if Passage Bio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Passage Bio's 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.