CARGO Therapeutics, Inc. Common Stock
CARGO Therapeutics, Inc., a clinical-stage biotechnology company, focused on designing, engineering, and developing potentially curative cell therapies for cancer patients in the United States. The company develops CRG-023, a tri-specific CAR T product candidate which is in phase 1 that targets tumor cells with three B-cell malignancies; and allogeneic platform, a universal vector solution design… Read more
CARGO Therapeutics, Inc. Common Stock (CRGX) - Total Assets
Latest total assets as of June 2025: $258.61 Million USD
Based on the latest financial reports, CARGO Therapeutics, Inc. Common Stock (CRGX) holds total assets worth $258.61 Million USD as of June 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
CARGO Therapeutics, Inc. Common Stock - Total Assets Trend (2021–2024)
This chart illustrates how CARGO Therapeutics, Inc. Common Stock’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
CARGO Therapeutics, Inc. Common Stock - Asset Composition Analysis
Current Asset Composition (December 2024)
CARGO Therapeutics, Inc. Common Stock's total assets of $258.61 Million consist of 83.3% current assets and 16.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 15.6% |
| Accounts Receivable | $2.04 Million | 0.5% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2021–2024)
This chart illustrates how CARGO Therapeutics, Inc. Common Stock's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: CARGO Therapeutics, Inc. Common Stock's current assets represent 83.3% of total assets in 2024, an increase from 4.1% in 2021.
- Cash Position: Cash and equivalents constituted 15.6% of total assets in 2024, up from 0.9% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2021.
- Asset Diversification: The largest asset category is accounts receivable at 0.5% of total assets.
CARGO Therapeutics, Inc. Common Stock Competitors by Total Assets
Key competitors of CARGO Therapeutics, Inc. Common Stock based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
MedPacto Inc
KQ:235980
|
Korea | ₩51.58 Billion |
|
2H0
F:2H0
|
Germany | €15.27 Million |
|
Shenzhen CAU Technology Co Ltd
SHE:000004
|
China | CN¥260.55 Million |
|
Pacific Shuanglin Bio pharmacy Co Ltd
SHE:000403
|
China | CN¥9.58 Billion |
|
Nanhua Bio Medicine Co Ltd
SHE:000504
|
China | CN¥841.96 Million |
|
Jiangsu Sihuan Bioengineering Co Ltd
SHE:000518
|
China | CN¥509.14 Million |
|
Chengzhi Shareholding Co Ltd
SHE:000990
|
China | CN¥27.52 Billion |
|
Hualan Biological EngineeringInc
SHE:002007
|
China | CN¥16.27 Billion |
CARGO Therapeutics, Inc. Common Stock - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - CARGO Therapeutics, Inc. Common Stock generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - CARGO Therapeutics, Inc. Common Stock is currently not profitable relative to its asset base.
CARGO Therapeutics, Inc. Common Stock - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 12.37 | 16.96 | 0.09 |
| Quick Ratio | 12.37 | 16.96 | 0.09 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $237.70 Million | $ 421.67 Million | $ -40.21 Million |
CARGO Therapeutics, Inc. Common Stock - Advanced Valuation Insights
This section examines the relationship between CARGO Therapeutics, Inc. Common Stock's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.91 |
| Latest Market Cap to Assets Ratio | 0.32 |
| Asset Growth Rate (YoY) | -8.6% |
| Total Assets | $414.05 Million |
| Market Capitalization | $134.28 Million USD |
Valuation Analysis
Below Book Valuation: The market values CARGO Therapeutics, Inc. Common Stock's assets below their book value (0.32 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: CARGO Therapeutics, Inc. Common Stock's assets decreased by 8.6% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for CARGO Therapeutics, Inc. Common Stock (2021–2024)
The table below shows the annual total assets of CARGO Therapeutics, Inc. Common Stock from 2021 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $414.05 Million | -8.60% |
| 2023-12-31 | $453.04 Million | +4322.88% |
| 2022-12-31 | $10.24 Million | +127.42% |
| 2021-12-31 | $4.50 Million | -- |