Qualigen Therapeutics Inc
Qualigen Therapeutics, Inc., a clinical-stage therapeutics company, focuses on the development of treatments for adult and pediatric cancer. The company's lead program is QN-302, an investigational small molecule G-quadruplexes (G4)-selective transcription inhibitor, which is in Phase I clinical trial for the treatment of pancreatic cancer and other solid tumors. It is also developing Pan-RAS tha… Read more
Qualigen Therapeutics Inc (QLGN) - Total Assets
Latest total assets as of September 2025: $43.47 Million USD
Based on the latest financial reports, Qualigen Therapeutics Inc (QLGN) holds total assets worth $43.47 Million USD as of September 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.
Qualigen Therapeutics Inc - Total Assets Trend (2012–2024)
This chart illustrates how Qualigen Therapeutics Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Qualigen Therapeutics Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Qualigen Therapeutics Inc's total assets of $43.47 Million consist of 100.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 25.1% |
| Accounts Receivable | $2.01 Million | 42.9% |
| 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 (2012–2024)
This chart illustrates how Qualigen Therapeutics 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: Qualigen Therapeutics Inc's current assets represent 100.0% of total assets in 2024, an increase from 99.6% in 2012.
- Cash Position: Cash and equivalents constituted 25.1% of total assets in 2024, down from 95.3% in 2012.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2012.
- Asset Diversification: The largest asset category is accounts receivable at 42.9% of total assets.
Qualigen Therapeutics Inc Competitors by Total Assets
Key competitors of Qualigen Therapeutics 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 |
Qualigen Therapeutics 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 - Qualigen Therapeutics 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 - Qualigen Therapeutics Inc is currently not profitable relative to its asset base.
Qualigen Therapeutics 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 | 8.83 | 0.52 | 2.71 |
| Quick Ratio | 8.83 | 0.52 | 2.61 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $38.55 Million | $ -2.14 Million | $ 17.79 Million |
Qualigen Therapeutics Inc - Advanced Valuation Insights
This section examines the relationship between Qualigen Therapeutics 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 | 4.91 |
| Latest Market Cap to Assets Ratio | 0.64 |
| Asset Growth Rate (YoY) | 130.5% |
| Total Assets | $4.69 Million |
| Market Capitalization | $3.01 Million USD |
Valuation Analysis
Below Book Valuation: The market values Qualigen Therapeutics Inc's assets below their book value (0.64 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Qualigen Therapeutics Inc's assets grew by 130.5% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Qualigen Therapeutics Inc (2012–2024)
The table below shows the annual total assets of Qualigen Therapeutics Inc from 2012 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $4.69 Million | +130.49% |
| 2023-12-31 | $2.03 Million | -89.35% |
| 2022-12-31 | $19.08 Million | -16.43% |
| 2021-12-31 | $22.84 Million | -21.60% |
| 2020-12-31 | $29.13 Million | +941.35% |
| 2019-12-31 | $2.80 Million | -81.74% |
| 2018-12-31 | $15.32 Million | -32.91% |
| 2017-12-31 | $22.83 Million | +215.52% |
| 2016-12-31 | $7.24 Million | -54.88% |
| 2015-12-31 | $16.04 Million | +441.28% |
| 2014-12-31 | $2.96 Million | +441.04% |
| 2013-12-31 | $547.71K | -70.50% |
| 2012-12-31 | $1.86 Million | -- |