Leap Therapeutics Inc - Asset Resilience Ratio

Latest as of June 2024: 10.59%

Leap Therapeutics Inc (LPTX) has an Asset Resilience Ratio of 10.59% as of June 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. See LPTX working capital efficiency to evaluate short-term liquidity relative to the company's equity base.

Liquid Assets

$40.87 Million
Cash + Short-term Investments

Total Assets

$385.92 Million
All company assets

Resilience Assessment

Moderate
Financial Resilience Level

Asset Resilience Ratio Trend (2014–2022)

This chart shows how Leap Therapeutics Inc's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see Leap Therapeutics Inc (LPTX) total assets.

Liquid Assets Composition Over Time

This chart breaks down Leap Therapeutics Inc's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Read LPTX liabilities breakdown for a breakdown of total debt and financial obligations.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents $0.00 0%
Short-term Investments $40.87 Million 10.59%
Total Liquid Assets $40.87 Million 10.59%

Asset Resilience Insights

  • Moderate Liquidity: Leap Therapeutics Inc has 10.59% of assets in liquid form.
  • While adequate for normal operations, this level may limit flexibility during economic stress.
  • The company has significant short-term investments, indicating active treasury management.

Leap Therapeutics Inc Industry Peers by Asset Resilience Ratio

Compare Leap Therapeutics Inc's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
ALK-Abelló A/S
CO:ALK-B
Biotechnology 0.98%
Mirum Pharmaceuticals Inc
NASDAQ:MIRM
Biotechnology 6.89%
Xiamen Amoytop Biotech Co Ltd
SHG:688278
Biotechnology 4.69%
BB Biotech AG
SW:BION
Biotechnology 92.97%
Soleno Therapeutics Inc
NASDAQ:SLNO
Biotechnology 20.15%
Nanobiotix
NASDAQ:NBTX
Biotechnology 4.71%
Wuhan Keqian Biology Co Ltd
SHG:688526
Biotechnology 19.42%
Beijing Konruns Pharmaceutical Co Ltd
SHG:603590
Biotechnology 10.55%

Annual Asset Resilience Ratio for Leap Therapeutics Inc (2014–2022)

The table below shows the annual Asset Resilience Ratio data for Leap Therapeutics Inc.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2022-12-31 39.19% $22.76 Million $58.09 Million --
2017-12-31 0.00% $0.00 $29.06 Million --
2015-12-31 23.47% $6.61 Million $28.15 Million -49.04pp
2014-12-31 72.51% $35.31 Million $48.70 Million --
pp = percentage points

About Leap Therapeutics Inc

NASDAQ:LPTX USA Biotechnology
Market Cap
$116.14 Million
Market Cap Rank
#18717 Global
#4344 in USA
Share Price
$2.05
Change (1 day)
+368.57%
52-Week Range
$0.29 - $2.05
All Time High
$100.10
About

Cypherpunk Technologies Inc., a biopharmaceutical company, acquires and develops antibody therapies for the treatment of cancer. Its lead clinical stage drug candidate includes DKN-01, a monoclonal antibody that inhibits Dickkopf-related protein 1, which is in various ongoing clinical trials for treating esophagogastric and gynecologic cancers, and colorectal cancer. The company also develops FL-… Read more