89bio Inc
89bio, Inc., a clinical-stage biopharmaceutical company, engages in the development and commercialization of therapies for the treatment of liver and cardio-metabolic diseases. Its lead product candidate is pegozafermin, a glycoPEGylated analog of fibroblast growth factor 21 for the treatment of metabolic dysfunction-associated steatohepatitis and hypertriglyceridemia. 89bio, Inc. was formerly kn… Read more
89bio Inc (ETNB) - Total Assets
Latest total assets as of June 2025: $603.49 Million USD
Based on the latest financial reports, 89bio Inc (ETNB) holds total assets worth $603.49 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.
89bio Inc - Total Assets Trend (2018–2024)
This chart illustrates how 89bio Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
89bio Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
89bio Inc's total assets of $603.49 Million consist of 99.5% current assets and 0.5% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 26.3% |
| Accounts Receivable | $0.00 | 0.0% |
| 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 (2018–2024)
This chart illustrates how 89bio Inc'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: 89bio Inc's current assets represent 99.5% of total assets in 2024, unchanged from 99.5% in 2018.
- Cash Position: Cash and equivalents constituted 26.3% of total assets in 2024, down from 98.8% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2018.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
89bio Inc Competitors by Total Assets
Key competitors of 89bio Inc 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 |
89bio Inc - 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 - 89bio Inc 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 - 89bio Inc is currently not profitable relative to its asset base.
89bio Inc - 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 | 15.19 | 13.92 | 23.61 |
| Quick Ratio | 15.19 | 14.39 | 23.61 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $561.91 Million | $ 538.20 Million | $ 213.11 Million |
89bio Inc - Advanced Valuation Insights
This section examines the relationship between 89bio Inc'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 | 4.22 |
| Latest Market Cap to Assets Ratio | 3.01 |
| Asset Growth Rate (YoY) | -19.7% |
| Total Assets | $478.69 Million |
| Market Capitalization | $1.44 Billion USD |
Valuation Analysis
Premium Asset Valuation: The market values 89bio Inc's assets at a significant premium ( 3.01x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: 89bio Inc's assets decreased by 19.7% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for 89bio Inc (2018–2024)
The table below shows the annual total assets of 89bio Inc from 2018 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $478.69 Million | -19.72% |
| 2023-12-31 | $596.27 Million | +202.95% |
| 2022-12-31 | $196.82 Million | +21.18% |
| 2021-12-31 | $162.42 Million | -23.05% |
| 2020-12-31 | $211.07 Million | +120.90% |
| 2019-12-31 | $95.55 Million | +740.47% |
| 2018-12-31 | $11.37 Million | -- |