Sagimet Biosciences (SGMT) Change in Cash (2022 - 2024)
Sagimet Biosciences (SGMT) recorded quarterly Change in Cash of -$80.8 million in Q2 2024, down 179.52% quarter-over-quarter from $101.6 million in Q1 2024, and down 1409.85% on a YoY basis from $6.2 million in Q3 2023.
Sagimet Biosciences (SGMT) Change in Cash (2022 - 2024) Analysis & Trends
Sagimet Biosciences' Change in Cash history runs 3 years deep, the most recent figure standing at -$80.8 million for Q2 2024.
- In Q2 2024, Change in Cash fell 1409.85% year-over-year to -$80.8 million; the TTM figure through Jun 2024 stood at $4.3 million (down 97.48% YoY), while the FY2025 annual figure was $1.6 million, up 114.43% from the prior year.
- Change in Cash was -$80.8 million for Q2 2024 at Sagimet Biosciences, down from $101.6 million in the prior quarter.
- In the past five years, Change in Cash ranged from a high of $156.2 million in Q4 2022 to a low of -$99.8 million in Q4 2023.
- Historically, Change in Cash has averaged $22.1 million across 3 years, with a median of $9.2 million in 2023.
- The sharpest annual moves came in 2023 and 2024: Change in Cash surged 3830.26% in 2023, then tumbled 1409.85% in 2024.
- A 3-year view of Change in Cash shows it stood at $156.2 million in 2022, then sank by 163.9% to -$99.8 million in 2023, then climbed by 19.03% to -$80.8 million in 2024.
- The last three Change in Cash figures came in at -$80.8 million (Q2 2024), $101.6 million (Q1 2024), and -$99.8 million (Q4 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Cash (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 762,369.55 Bn | 762,369.51 Bn | - | - |
| 2 | Belite Bio | 55,096.00 Bn | 55,096.00 Bn | - | - |
| 3 | Quantum Biopharma | 17,755.80 Bn | 17,755.79 Bn | - | 2.44 Mn |
| 4 | Legend Biotech | 3,486.00 Bn | 3,485.71 Bn | 242.10 Mn | 623.00 Mn |
| 5 | Akari Therapeutics | 1,737.42 Bn | 1,737.41 Bn | - | -2.44 Mn |
| 6 | Evaxion A | 1,551.28 Bn | 1,551.26 Bn | - | - |
| 7 | Psyence Biomedical | 227.32 Bn | 227.31 Bn | - | - |
| 8 | Vertex Pharmaceuticals | 110.84 Bn | 103.59 Bn | 2.59 Bn | 417.10 Mn |
| 9 | Abivax | 91.71 Bn | 91.71 Bn | - | -45.97 Mn |
| 10 | Sagimet Biosciences | 211.96 Mn | 211.96 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | -80.82 Mn |
| Mar 31, 2024 | 101.64 Mn |
| Dec 31, 2023 | -99.81 Mn |
| Sep 30, 2023 | 83.33 Mn |
| Jun 30, 2023 | 6.17 Mn |
| Mar 31, 2023 | 12.18 Mn |
| Dec 31, 2022 | 156.19 Mn |
| Sep 30, 2022 | -2.23 Mn |