Climb Bio, Inc. (NASDAQ: CLYM)

Sector: Healthcare Industry: Biotechnology CIK: 0001768446
P/B 1.46
P/E -5.08
P/S 0.00
Market Cap 258.06 Mn
ROIC (Qtr) -32.69
Div Yield % 0.00
Rev 1y % (Qtr) 0.00
Total Debt (Qtr) 580,000.00
Debt/Equity (Qtr) 0.00

About

Eliem Therapeutics, Inc. (ELYM) is a company operating in the biotechnology industry, dedicated to developing novel therapies for neuronal excitability disorders. These disorders encompass a wide range of conditions, including psychiatric disorders, epilepsy, chronic pain, and other disorders affecting the peripheral and central nervous systems. The core business activities of Eliem Therapeutics revolve around the development of product candidates that target two significant components: the Kv7.2/3 channel, a heteromeric voltage-gated potassium...

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Analysis

Pros

  • Healthy cash reserves of 25.80M provide 113.17x coverage of short-term debt 228000, demonstrating strong liquidity position and minimal refinancing risk.
  • Strong tangible asset base of 182.30M provides 314.32x coverage of total debt 580000, indicating robust asset backing and low credit risk.
  • Long-term investments of 88.93M provide solid 252.64x coverage of long-term debt 352000, indicating strategic financial planning.
  • Short-term investments of 61.10M provide solid 14.40x coverage of other current liabilities 4.24M, indicating strong liquidity.
  • Tangible assets of 182.30M provide robust 42.96x coverage of other current liabilities 4.24M, indicating strong asset backing.

Cons

  • Operating cash flow of (44.24M) barely covers its investment activities of (76.11M), with a coverage ratio of 0.58, indicating heavy reliance on external financing for growth which may not be sustainable in a tighter credit environment.
  • Investment activities of (76.11M) provide weak support for R&D spending of 38.93M, which is -1.95x, suggesting potentially insufficient investment in innovation relative to other capital deployment.
  • The company's operating cash flow of (44.24M) shows concerning coverage of stock compensation expenses of 8.67M, with a -5.10 ratio indicating potential earnings quality issues.
  • Free cash flow of (44.43M) provides weak coverage of capital expenditures of 186000, with a -238.86 ratio suggesting additional external financing needs for growth initiatives.
  • Operating earnings of (50.75M) show weak coverage of depreciation charges of 244000, with a -208 ratio indicating high capital intensity and potential reinvestment needs.

Peer Comparison

Companies in the Biotechnology
S.No. Ticker Company Market Cap P/E P/S Total Debt (Qtr)
1 SMMT Summit Therapeutics Inc. 1,349.40 Bn -1,464.17 0.00 0.01 Bn
2 ONC BeOne Medicines Ltd. 437.43 Bn 6,381.20 87.97 1.90 Bn
3 VRTX Vertex Pharmaceuticals Inc / Ma 116.09 Bn 31.59 9.90 1.83 Bn
4 REGN Regeneron Pharmaceuticals, Inc. 78.10 Bn 17.06 5.48 2.71 Bn
5 ALNY Alnylam Pharmaceuticals, Inc. 55.87 Bn 1,282.42 17.40 3.21 Bn
6 ARGX Argenx Se 52.85 Bn 35.08 27,559.65 -
7 BNTC Benitec Biopharma Inc. 41.75 Bn -998.33 0.00 0.00 Bn
8 INSM INSMED Inc 37.80 Bn -31.93 84.56 0.74 Bn

Industry Comparisons

Current Valuation

Metric Value Industry Percentile
EV to Assets 1.29 12.31
EV to Cash from Ops. -5.33 23.25
EV to Debt 406.92 738.44
EV to EBIT -4.65 -9.16
EV to EBITDA -3.98 6.95
EV to Free Cash Flow [EV/FCF] -5.31 21.90
EV to Market Cap 0.91 65.67
EV to Revenue 0.00 227.32
Price to Book Value [P/B] 1.46 22.34
Price to Earnings [P/E] -5.08 -11.77

Dividend Metrics

Metric Value Industry Percentile
Dividend Coverage Ratio 0.00 -11.94
Dividend Payout Ratio % 0.00 0.16
Dividend per Basic Share 0.00 0.01
FCF Dividend Payout Ratio % 0.00 -0.14
Interest Coverage 0.00 841.00

Growth Metrics

Metric Value Industry Percentile
Capex Growth (1y) % 0.00 -27.13
Cash and Equivalents Growth (1y) % -82.35 734.65
Dividend Growth (1y) % 0.00 0.01
EBIAT Growth (1y) % 26.58 -46.93
EBITDA Growth (1y) % 21.99 -1.68
EBIT Growth (1y) % 26.58 -56.45
EBT Growth (1y) % 26.58 -12.70
EPS Growth (1y) % 72.30 -28.31
FCF Growth (1y) % -304.33 -31.90
Gross Profit Growth (1y) % 0.00 226.84

Liquidity Ratios

Metric Value Industry Percentile
Asset Utilization Ratio 0.00 0.14
Cash Payout Ratio 0.00 0.00
Cash Ratio 5.21 3.85
Current Ratio 18.38 7.27
Debt to Equity Ratio 0.00 0.40
Interest Cover Ratio 0.00 841.00
Times Interest Earned 0.00 841.00

Profitability

Metric Value Industry Percentile
EBITDA Margin % 0.00 -18,234.31
EBIT Margin % 0.00 -18,580.80
EBT Margin % 0.00 -19,488.74
Gross Margin % 0.00 -7.59
Net Profit Margin % 0.00 -19,439.22