Praxis Precision Medicines Inc (PRAX) — Net Asset Quality Index
Praxis Precision Medicines Inc (PRAX) has a Net Asset Quality Index of 96.6% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $1.46 Billion minus total liabilities of $50.24 Million yields net assets of $1.41 Billion. A higher index indicates a stronger, lower-leverage balance sheet. See PRAX cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
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Net Assets
Total Assets
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Praxis Precision Medicines Inc Net Asset Quality Index Over Time (2018–2025)
This chart shows how Praxis Precision Medicines Inc's Net Asset Quality Index has evolved across 8 annual periods from 2018 to 2025. As of March 2026, the index stands at 96.6%, representing net assets of $1.41 Billion against total assets of $1.46 Billion USD. Explore PRAX cash generation efficiency to assess how effectively this company generates cash.
Annual Net Asset Quality Index for Praxis Precision Medicines Inc (2018–2025)
The table below presents the year-by-year Net Asset Quality Index for Praxis Precision Medicines Inc from 2018 to 2025, covering 8 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see how much is Praxis Precision Medicines Inc worth.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 93.6% | $878.14 Million | $937.91 Million | $59.77 Million | ▲ +1.4 pp |
| 2024 | 92.2% | $445.45 Million | $483.11 Million | $37.66 Million | ▲ +13.0 pp |
| 2023 | 79.2% | $69.67 Million | $87.95 Million | $18.28 Million | ▲ +13.1 pp |
| 2022 | 66.1% | $76.11 Million | $115.13 Million | $39.02 Million | ▼ -19.6 pp |
| 2021 | 85.7% | $250.81 Million | $292.75 Million | $41.94 Million | ▼ -9.1 pp |
| 2020 | 94.8% | $287.46 Million | $303.18 Million | $15.72 Million | ▲ +10.7 pp |
| 2019 | 84.1% | $40.11 Million | $47.69 Million | $7.58 Million | ▲ +10.1 pp |
| 2018 | 74.0% | $14.68 Million | $19.83 Million | $5.15 Million | — |