Praxis Precision Medicines Inc (PRAX) — Net Asset Quality Index
Praxis Precision Medicines Inc (PRAX) has a Net Asset Quality Index of 96.5% as of June 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $1.39 Billion minus total liabilities of $49.06 Million yields net assets of $1.34 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Read PRAX current and long-term liabilities for a breakdown of total debt and financial obligations.
Quality Index
Net Assets
Total Assets
Total Liabilities
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 June 2026, the index stands at 96.5%, representing net assets of $1.34 Billion against total assets of $1.39 Billion USD. For live market cap and overall valuation, see Praxis Precision Medicines Inc stock valuation.
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. Check asset allocation strategy of Praxis Precision Medicines Inc to assess the company's strategic physical and investment asset allocation.
| 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 | — |