Nkgen Biotech Inc Quick Ratio (NKGN) starting from the first quarter 2025 to first quarter 2024, Financial Strength Trends, Rankings, Financial Ratios - CSIMarket
NKGN's quarterly Quick Ratio and Cash & cash equivalent, Current Liabilities growth
Regardless of the sequential decrease in Current Liabilities, during the first quarter 2025, Quick Ratio deteriorated to 0 a new company low.
Within Biotechnology & Pharmaceuticals industry 158 other companies have achieved higher Quick Ratio than Nkgen Biotech Inc in first quarter 2025. While Quick Ratio total ranking has improved so far during the Q1 2025 to 4357, from total ranking in the fourth quarter 2024 at 4570.
Introduction NKGen Biotech Inc, a leading biotechnology company focused on neurodegenerative diseases, has announced significant progress in its clinical programs for Alzheimer s and Parkinson s diseases. Alongside this positive development, the company has also secured an additional $5 million in financing to further drive its research and development efforts. Progress in Neurodegenerative Clinical Program NKGen Biotech Inc s neurodegenerative clinical program continues to move forward smoothly, with significant advancements observed in the Phase 2 trial for Alzheimer s disease. The company remains on track and anticipates the initiation of the Phase 1/2a trial for Parkinson s disease in the near future. These milestones represent crucial steps towards finding potential treatments for these debilitating conditions, addressing the significant unmet medical needs in this space.
On the trailing twelve months basis In Spite of the decline in Current Liabilities in the Q1 2025 to $43.89 millions, cumulative Quick Ratio