Clearside Biomedical Inc - Asset Resilience Ratio

Latest as of September 2024: 33.27%

Clearside Biomedical Inc (CLSD) has an Asset Resilience Ratio of 33.27% as of September 2024. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing. Read how much debt does Clearside Biomedical Inc carry for a breakdown of total debt and financial obligations.

Liquid Assets

$9.70 Million
Cash + Short-term Investments

Total Assets

$29.16 Million
All company assets

Resilience Assessment

Very High
Financial Resilience Level

Asset Resilience Ratio Trend (2016–2019)

This chart shows how Clearside Biomedical Inc's Asset Resilience Ratio has changed over time. See Clearside Biomedical Inc defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.

Liquid Assets Composition Over Time

This chart breaks down Clearside Biomedical Inc's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For the complete balance sheet picture, see balance sheet size of Clearside Biomedical Inc.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents $0.00 0%
Short-term Investments $9.70 Million 33.27%
Total Liquid Assets $9.70 Million 33.27%

Asset Resilience Insights

  • Very High Liquidity: Clearside Biomedical Inc maintains exceptional liquid asset reserves at 33.27% of total assets.
  • This level provides strong protection against economic uncertainties but may indicate potential for more aggressive growth investments.
  • The company has significant short-term investments, indicating active treasury management.

Clearside Biomedical Inc Industry Peers by Asset Resilience Ratio

Compare Clearside Biomedical Inc's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
BRITANNIA LIFE SCIENCES
F:L020
Biotechnology 63.76%
Revolution Medicines Inc
NASDAQ:RVMD
Biotechnology 65.10%
argenx NV ADR
NASDAQ:ARGX
Biotechnology 10.93%
Halozyme Therapeutics Inc
NASDAQ:HALO
Biotechnology 12.71%
Biomarin Pharmaceutical Inc
NASDAQ:BMRN
Biotechnology 0.00%
Tubize-Fin
BR:TUB
Biotechnology 0.05%
Abivax SA
PA:ABVX
Biotechnology 2.34%
ABCELLERA BIOLOGICS
F:8QQ
Biotechnology 29.87%

Annual Asset Resilience Ratio for Clearside Biomedical Inc (2016–2019)

The table below shows the annual Asset Resilience Ratio data for Clearside Biomedical Inc.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2019-12-31 0.00% $0.00 $26.78 Million --
2018-12-31 74.42% $32.84 Million $44.12 Million +4.25pp
2017-12-31 70.18% $28.42 Million $40.49 Million +12.63pp
2016-12-31 57.55% $48.81 Million $84.81 Million --
pp = percentage points

About Clearside Biomedical Inc

NASDAQ:CLSD USA Biotechnology
Market Cap
$2.15 Million
Market Cap Rank
#29914 Global
#6021 in USA
Share Price
$0.41
Change (1 day)
-26.96%
52-Week Range
$0.32 - $4.40
All Time High
$24.72
About

Clearside Biomedical, Inc., a biopharmaceutical company, focuses on the revolutionizing the delivery of therapies to the back of the eye through the suprachoroidal space. The company offers XIPERE, a triamcinolone acetonide injectable suspension for the treatment of macular edema associated with uveitis. It also develops CLS-AX, an axitinib injectable suspension for suprachoroidal injection, whic… Read more