Praxis Precision Medicines Inc

NASDAQ:PRAX USA Biotechnology
Market Cap
$8.42 Billion
Market Cap Rank
#2260 Global
#1611 in USA
Share Price
$303.38
Change (1 day)
-0.53%
52-Week Range
$28.47 - $347.55
All Time High
$903.00
About

Praxis Precision Medicines, Inc., a clinical-stage biopharmaceutical company, engages in the development of therapies for central nervous system (CNS) disorders characterized by neuronal excitation-inhibition imbalance. The company's platforms include cerebrum, a small molecule platform for CNS small molecule therapies to develop orally available precision therapies; and solidus to discover and d… Read more

Praxis Precision Medicines Inc (PRAX) - Cash Flow Conversion Efficiency

Latest cash flow conversion efficiency as of September 2025: -0.188x

Based on the latest financial reports, Praxis Precision Medicines Inc (PRAX) has a cash flow conversion efficiency ratio of -0.188x as of September 2025.

Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($-64.74 Million) by net assets ($343.50 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

Praxis Precision Medicines Inc - Cash Flow Conversion Efficiency Trend (2018–2024)

This chart illustrates how Praxis Precision Medicines Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.

Praxis Precision Medicines Inc Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Praxis Precision Medicines Inc ranked by their cash flow conversion efficiency.

Annual Cash Flow Conversion Efficiency for Praxis Precision Medicines Inc (2018–2024)

The table below shows the annual cash flow conversion efficiency of Praxis Precision Medicines Inc from 2018 to 2024.

Year Net Assets Operating Cash Flow Cash Flow Conversion Efficiency Change
2024-12-31 $445.45 Million $-131.76 Million -0.296x +81.46%
2023-12-31 $69.67 Million $-111.14 Million -1.595x +34.39%
2022-12-31 $76.11 Million $-185.04 Million -2.431x -389.60%
2021-12-31 $250.81 Million $-124.55 Million -0.497x -171.27%
2020-12-31 $287.46 Million $-52.62 Million -0.183x +77.60%
2019-12-31 $40.11 Million $-32.79 Million -0.817x +42.09%
2018-12-31 $14.68 Million $-20.72 Million -1.411x --