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Olema Pharmaceuticals inc   (OLMA)
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Olema Pharmaceuticals Inc 's Quick Ratio

OLMA's quarterly Quick Ratio and Cash & cash equivalent, Current Liabilities growth


Olema Pharmaceuticals Inc 's Cash & cash equivalent grew by 65.37 % in the III Quarter 2023 sequentially, faster than Current Liabilities, this led to improvement in Olema Pharmaceuticals Inc 's Quick Ratio to 17.34, Quick Ratio remained below Olema Pharmaceuticals inc average.

Within Major Pharmaceutical Preparations industry 50 other companies have achieved higher Quick Ratio than Olema Pharmaceuticals Inc in third quarter 2023. While Quick Ratio total ranking has improved so far during the III Quarter 2023 to 168, from total ranking in the second quarter 2023 at 337.

Explain Quick Ratio?
How much Cash & cash equivalents OLMA´s has?
What are OLMA´s Current Liabilities?


OLMA Quick Ratio (Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Current Liabilities Change 27.2 % 20.5 % 90.89 % 83.49 % 41.02 %
Y / Y Cash & cash equivalent Change 24.39 % -30.44 % -30.58 % -28.84 % -27.24 %
Quick Ratio MRQ 17.34 11.29 9.58 12.35 17.73
OLMA's Total Ranking # 168 # 337 # 429 # 344 # 255
Seq. Current Liabilities Change 7.65 % -23.59 % 17.29 % 31.84 % 1.98 %
Seq. Cash & cash equivalent Change 65.37 % -9.95 % -9.03 % -8.17 % -7.52 %



Quick Ratio third quarter 2023 Company Ranking
Within: No.
Major Pharmaceutical Preparations Industry # 51
Healthcare Sector # 78
Overall Market # 167


Quick Ratio Statistics
High Average Low
61.96 25.59 9.58
(Mar 31 2021)   (Mar 31 2023)




Financial Statements
Olema Pharmaceuticals Inc 's Current Liabilities $ 16 Millions Visit OLMA's Balance sheet
Olema Pharmaceuticals Inc 's Cash & cash equivalent $ 277 Millions Visit OLMA's Balance sheet
Source of OLMA's Sales Visit OLMA's Sales by Geography


Cumulative Olema Pharmaceuticals Inc 's Quick Ratio

OLMA's Quick Ratio for the trailling 12 Months

OLMA Quick Ratio

(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Current Liabilities TTM Growth 27.2 % 20.5 % 90.89 % 83.49 % 41.02 %
Y / Y Cash & cash equivalent TTM Growth 24.39 % -30.44 % -30.58 % -28.84 % -27.24 %
Quick Ratio TTM 12.5 12.32 14.04 18.14 23.12
Total Ranking TTM # 2955 # 193 # 2230 # 2990 # 71
Seq. Current Liabilities TTM Growth 7.65 % -23.59 % 17.29 % 31.84 % 1.98 %
Seq. Cash & cash equivalent TTM Growth 65.37 % -9.95 % -9.03 % -8.17 % -7.52 %


On the trailing twelve months basis OLMA Cash & cash equivalent grew by 24.39 % in III Quarter 2023 year on year, faster than Current Liabilities, this led to increase in in Olema Pharmaceuticals Inc 's Quick Ratio to 12.5, Quick Ratio remained below OLMA average.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Major Pharmaceutical Preparations industry 459 other companies have achieved higher Quick Ratio than Olema Pharmaceuticals Inc . While Quick Ratio total ranking has deteriorated compared to the previous twelve months ending in the second quarter 2023 from 193 to 2955.

Explain Quick Ratio?
How much Cash & cash equivalents OLMA´s has?
What are OLMA´s Current Liabilities?

TTM Quick Ratio Company Ranking
Within: No.
Within the Major Pharmaceutical Preparations Industry # 460
Healthcare Sector # 927
Within the Market # 2955


trailing twelve months Quick Ratio Statistics
High Average Low
39.51 22.43 12.32
(Dec 31 2021)   (Jun 30 2023)




Companies with similar Quick Ratio in the quarter ending Sep 30 2023, within Major Pharmaceutical Preparations Industry Quick RatioSep 30 2023 MRQ Cash & cash equivalentSep 30 2023 MRQ Current Liabilities
Third Harmonic Bio Inc   46.52 $ 273.892  Millions$ 5.888  Millions
Altimmune Inc   46.22 $ 140.779  Millions$ 3.046  Millions
Essa Pharma inc   43.36 $ 148.076  Millions$ 3.415  Millions
Nuvation Bio Inc   38.37 $ 619.339  Millions$ 16.143  Millions
Merrimack Pharmaceuticals Inc  38.34 $ 18.904  Millions$ 0.493  Millions
Xbiotech Inc   38.19 $ 202.191  Millions$ 5.294  Millions
Morphic Holding inc   37.57 $ 725.067  Millions$ 19.298  Millions
Eliem Therapeutics Inc   37.03 $ 107.433  Millions$ 2.901  Millions
Royalty Pharma Plc  35.91 $ 941.748  Millions$ 26.222  Millions
Rayzebio Inc   34.09 $ 540.169  Millions$ 15.847  Millions
Cymabay Therapeutics Inc   31.72 $ 438.778  Millions$ 13.831  Millions
Atea Pharmaceuticals Inc   31.50 $ 595.126  Millions$ 18.893  Millions
Greenwich Lifesciences Inc   30.76 $ 9.144  Millions$ 0.297  Millions
Verona Pharma Plc  29.80 $ 257.366  Millions$ 8.636  Millions
Aprea Therapeutics Inc   29.39 $ 25.354  Millions$ 0.863  Millions
Theseus Pharmaceuticals Inc   29.29 $ 205.122  Millions$ 7.003  Millions
Viking Therapeutics Inc   28.75 $ 376.241  Millions$ 13.086  Millions
Karuna Therapeutics Inc   27.40 $ 1,341.510  Millions$ 48.968  Millions
Atossa Therapeutics Inc   27.33 $ 94.141  Millions$ 3.444  Millions
Disc Medicine Inc   25.70 $ 370.541  Millions$ 14.416  Millions
Belite Bio Inc  24.27 $ 88.157  Millions$ 3.633  Millions
Janux Therapeutics Inc   24.17 $ 349.712  Millions$ 14.471  Millions
Bright Minds Biosciences Inc   24.16 $ 5.197  Millions$ 0.215  Millions
Design Therapeutics Inc   23.48 $ 290.940  Millions$ 12.390  Millions
Lixte Biotechnology Holdings Inc   23.08 $ 5.106  Millions$ 0.221  Millions
Diamedica Therapeutics Inc   22.23 $ 46.465  Millions$ 2.090  Millions
Terns Pharmaceuticals Inc   22.06 $ 266.600  Millions$ 12.087  Millions
Cyteir Therapeutics Inc   21.65 $ 129.242  Millions$ 5.969  Millions
Ars Pharmaceuticals Inc   21.64 $ 241.902  Millions$ 11.180  Millions
Xenon Pharmaceuticals Inc   21.28 $ 526.674  Millions$ 24.744  Millions

Date modified: 2023-11-08T15:48:50+00:00



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