Springworks Therapeutics Stock Current Ratio

SWTX Stock  USD 41.22  1.83  4.65%   
SpringWorks Therapeutics fundamentals help investors to digest information that contributes to SpringWorks Therapeutics' financial success or failures. It also enables traders to predict the movement of SpringWorks Stock. The fundamental analysis module provides a way to measure SpringWorks Therapeutics' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to SpringWorks Therapeutics stock.
Last ReportedProjected for Next Year
Current Ratio 6.41  6.09 
Current Ratio is likely to drop to 6.09 in 2024.
  
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SpringWorks Therapeutics Company Current Ratio Analysis

SpringWorks Therapeutics' Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.

Current Ratio

 = 

Current Asset

Current Liabilities

More About Current Ratio | All Equity Analysis

Current SpringWorks Therapeutics Current Ratio

    
  9.80 X  
Most of SpringWorks Therapeutics' fundamental indicators, such as Current Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, SpringWorks Therapeutics is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

SpringWorks Current Ratio Driver Correlations

Understanding the fundamental principles of building solid financial models for SpringWorks Therapeutics is extremely important. It helps to project a fair market value of SpringWorks Stock properly, considering its historical fundamentals such as Current Ratio. Since SpringWorks Therapeutics' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of SpringWorks Therapeutics' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of SpringWorks Therapeutics' interrelated accounts and indicators.
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SpringWorks Current Ratio Historical Pattern

Today, most investors in SpringWorks Therapeutics Stock are looking for potential investment opportunities by analyzing not only static indicators but also various SpringWorks Therapeutics' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current ratio growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of SpringWorks Therapeutics current ratio as a starting point in their analysis.
   SpringWorks Therapeutics Current Ratio   
       Timeline  
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Competition

SpringWorks Price To Sales Ratio

Price To Sales Ratio

444.14

At this time, SpringWorks Therapeutics' Price To Sales Ratio is fairly stable compared to the past year.
In accordance with the recently published financial statements, SpringWorks Therapeutics has a Current Ratio of 9.8 times. This is 236.77% higher than that of the Biotechnology sector and 40.0% higher than that of the Health Care industry. The current ratio for all United States stocks is notably lower than that of the firm.

SpringWorks Current Ratio Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses SpringWorks Therapeutics' direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of SpringWorks Therapeutics could also be used in its relative valuation, which is a method of valuing SpringWorks Therapeutics by comparing valuation metrics of similar companies.
SpringWorks Therapeutics is currently under evaluation in current ratio category among its peers.

SpringWorks Therapeutics Current Valuation Drivers

We derive many important indicators used in calculating different scores of SpringWorks Therapeutics from analyzing SpringWorks Therapeutics' financial statements. These drivers represent accounts that assess SpringWorks Therapeutics' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of SpringWorks Therapeutics' important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap1.7B3.1B3.0B1.4B1.2B1.4B
Enterprise Value1.3B3.0B2.9B1.3B1.2B1.3B

SpringWorks Therapeutics ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, SpringWorks Therapeutics' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to SpringWorks Therapeutics' managers, analysts, and investors.
Environmental
Governance
Social

SpringWorks Fundamentals

About SpringWorks Therapeutics Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze SpringWorks Therapeutics's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of SpringWorks Therapeutics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of SpringWorks Therapeutics based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Additional Tools for SpringWorks Stock Analysis

When running SpringWorks Therapeutics' price analysis, check to measure SpringWorks 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 SpringWorks Therapeutics is operating at the current time. Most of SpringWorks Therapeutics' value examination focuses on studying past and present price action to predict the probability of SpringWorks Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SpringWorks Therapeutics' price. Additionally, you may evaluate how the addition of SpringWorks Therapeutics to your portfolios can decrease your overall portfolio volatility.