Karuna Therapeutics (KRTX) Current Ratio

Price: $329.83
Market Cap: $12.60B
Avg Volume: 971.83K
Country: US
Industry: Biotechnology
Sector: Healthcare
Beta: 1.149
52W Range: $158.375-329.99
Website: Karuna Therapeutics

Karuna Therapeutics Current Ratio

  • Annual: 19.31
  • Quarterly: 19.31
  • TTM: 19.31

What is the Current Ratio?

The current ratio is a liquidity ratio that measures a company's ability to pay off its short-term liabilities with its short-term assets. A higher current ratio indicates a greater ability to meet short-term obligations.

Related Metrics

Other important metrics to assess Karuna Therapeutics's financial health include:

  • Quick Ratio - measures the company's ability to meet short-term obligations with its most liquid assets:
    • Annual: 18.82
    • Quarterly: 18.82
    • TTM: 18.82
  • Cash Ratio - measures the company's ability to pay off short-term liabilities with cash and cash equivalents:
    • Annual: 2.73
    • Quarterly: 2.73
    • TTM: 2.73

These metrics provide insights into Karuna Therapeutics's financial health and its ability to meet short-term obligations. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.

Annual Current Ratio

19.31

Quarterly Current Ratio

19.31

TTM Current Ratio

19.31

Karuna Therapeutics Historical Current Ratio
150.00150.00120.00120.0090.0090.0060.0060.0030.0030.000.000.00Current Ratio20182018201920192020202020212021202220222023202320242024
Historical Quick Ratio
150.00150.00120.00120.0090.0090.0060.0060.0030.0030.000.000.00Quick Ratio20182018201920192020202020212021202220222023202320242024
Historical Cash Ratio
120.00120.0090.0090.0060.0060.0030.0030.000.000.00Cash Ratio20182018201920192020202020212021202220222023202320242024

Karuna Therapeutics Historical Ratios

The table below shows various financial metrics for each year, with the latest data available for the last fiscal year 2023.

Year Current Ratio Quick Ratio Cash Ratio
2023 19.31 18.82 2.73
2022 34.02 33.18 7.32
2021 25.59 24.56 10.24
2020 50.28 50.28 7.74
2019 132.76 132.76 70.63
2018 114.27 114.27 105.98
2017 0.18 0.18 0.17

Related Metrics

Explore detailed financial metrics and analysis for KRTX.