Avenue Therapeutics Financials

ATXI Stock  USD 2.01  0.04  2.03%   
Based on the key indicators related to Avenue Therapeutics' liquidity, profitability, solvency, and operating efficiency, Avenue Therapeutics may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. As of now, Avenue Therapeutics' Accounts Payable is increasing as compared to previous years. The Avenue Therapeutics' current Capital Surpluse is estimated to increase to about 91.3 M, while Total Assets are projected to decrease to under 1.8 M. Key indicators impacting Avenue Therapeutics' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio2.491.5468
Way Up
Slightly volatile
Investors should never underestimate Avenue Therapeutics' ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Avenue Therapeutics' cash flow, debt, and profitability to make informed and accurate decisions about investing in Avenue Therapeutics.

Net Income

(10.9 Million)

  
Understanding current and past Avenue Therapeutics Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Avenue Therapeutics' financial statements are interrelated, with each one affecting the others. For example, an increase in Avenue Therapeutics' assets may result in an increase in income on the income statement.

Avenue Therapeutics Stock Summary

Avenue Therapeutics competes with Capricor Therapeutics, Soleno Therapeutics, Bio Path, Moleculin Biotech, and Crinetics Pharmaceuticals. Avenue Therapeutics, Inc., a specialty pharmaceutical company, develops and commercializes products primarily for use in the acuteintensive care hospital setting. The company was incorporated in 2015 and is based in New York, New York. Avenue Therapeutics operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 4 people.
Specialization
Health Care, Pharmaceuticals, Biotechnology & Life Sciences
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS05360L3042
CUSIP05360L205 05360L304 05360L403
LocationNew York; U.S.A
Business Address1111 Kane Concourse,
SectorPharmaceuticals
IndustryHealth Care
BenchmarkDow Jones Industrial
Websitewww.avenuetx.com
Phone781 652 4500
CurrencyUSD - US Dollar

Avenue Therapeutics Key Financial Ratios

Avenue Therapeutics Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets8.9M3.2M4.0M6.8M1.9M1.8M
Other Current Liab1.7M714K147K3.4M795K1.1M
Net Tangible Assets(631K)6.8M2.4M3.5M4.0M2.8M
Net Debt(8.7M)(3.1M)(3.8M)(6.7M)(1.8M)(1.9M)
Retained Earnings(68.1M)(73.3M)(77.0M)(80.6M)(90.9M)(86.4M)
Accounts Payable368K172K362K150K401K778.9K
Cash8.7M3.1M3.8M6.7M1.8M1.7M
Capital Surpluse38.9M41.6M74.9M75.6M87.0M91.3M
Total Liab2.1M886K509K3.6M1.2M1.1M
Total Current Assets8.9M3.2M4.0M6.8M1.9M1.8M
Other Assets1.9M170K113K137.067K63.7K
Other Current Assets170K113K107K137K67K129.6K
Net Invested Capital6.8M2.4M3.5M3.9M1.6M1.5M
Net Working Capital6.8M2.4M3.5M3.3M654K621.3K

Avenue Therapeutics Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Income357K62K7K20K126K165.9K
Operating Income(26.3M)(5.2M)(3.7M)(8.0M)(14.5M)(15.3M)
Ebit(26.3M)(5.2M)(3.7M)(16.1M)(10.5M)(11.0M)
Research Development23.2M2.9M1.3M2.7M10.4M8.7M
Ebitda(26.3M)(5.2M)(3.7M)(8.0M)4.1M4.3M
Income Before Tax(25.9M)(5.2M)(3.7M)(3.6M)(10.5M)(11.0M)
Net Income(25.6M)(5.1M)(3.7M)2.0M(10.4M)(10.9M)
Income Tax Expense(357K)(62K)(7K)(5.7M)(111K)(116.6K)
Net Interest Income357K62K7K(1.1M)(206K)(216.3K)

Avenue Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Avenue Therapeutics's current stock value. Our valuation model uses many indicators to compare Avenue Therapeutics value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Avenue Therapeutics competition to find correlations between indicators driving Avenue Therapeutics's intrinsic value. More Info.
Avenue Therapeutics is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . As of now, Avenue Therapeutics' Return On Equity is decreasing as compared to previous years. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Avenue Therapeutics' earnings, one of the primary drivers of an investment's value.

Avenue Therapeutics Systematic Risk

Avenue Therapeutics' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Avenue Therapeutics volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Avenue Therapeutics correlated with the market. If Beta is less than 0 Avenue Therapeutics generally moves in the opposite direction as compared to the market. If Avenue Therapeutics Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Avenue Therapeutics is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Avenue Therapeutics is generally in the same direction as the market. If Beta > 1 Avenue Therapeutics moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Avenue Therapeutics Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Avenue Therapeutics' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Avenue Therapeutics growth as a starting point in their analysis.

Price Earnings To Growth Ratio

2.0E-5

As of now, Avenue Therapeutics' Price Earnings To Growth Ratio is decreasing as compared to previous years.

Avenue Therapeutics November 25, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Avenue Therapeutics help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Avenue Therapeutics. We use our internally-developed statistical techniques to arrive at the intrinsic value of Avenue Therapeutics based on widely used predictive technical indicators. In general, we focus on analyzing Avenue Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Avenue Therapeutics's daily price indicators and compare them against related drivers.

Complementary Tools for Avenue Stock analysis

When running Avenue Therapeutics' price analysis, check to measure Avenue Therapeutics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Avenue Therapeutics is operating at the current time. Most of Avenue Therapeutics' value examination focuses on studying past and present price action to predict the probability of Avenue Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avenue Therapeutics' price. Additionally, you may evaluate how the addition of Avenue Therapeutics to your portfolios can decrease your overall portfolio volatility.
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