Syros Pharmaceuticals Inc

NASDAQ:SYRS USA Biotechnology
Market Cap
$638.61K
Market Cap Rank
#38305 Global
#12467 in USA
Share Price
$0.02
Change (1 day)
-1.65%
52-Week Range
$0.02 - $0.12
All Time High
$237.50
About

Syros Pharmaceuticals, Inc., a biopharmaceutical company, focuses on the development of treatment for hematologic malignancies. The company's lead product candidates are Tamibarotene, a selective retinoic acid receptor alpha agonist, which is in Phase III clinical trial for genomically defined subset of patients with myelodysplastic syndrome and Phase II clinical trial for patients with acute mye… Read more

Syros Pharmaceuticals Inc (SYRS) - Total Assets

Latest total assets as of September 2024: $85.00 Million USD

Based on the latest financial reports, Syros Pharmaceuticals Inc (SYRS) holds total assets worth $85.00 Million USD as of September 2024.

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.

Syros Pharmaceuticals Inc - Total Assets Trend (2014–2023)

This chart illustrates how Syros Pharmaceuticals Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Syros Pharmaceuticals Inc - Asset Composition Analysis

Current Asset Composition (December 2023)

Syros Pharmaceuticals Inc's total assets of $85.00 Million consist of 86.2% current assets and 13.8% non-current assets.

Asset Category Amount (USD) % of Total Assets
Cash & Equivalents $0.00 83.0%
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 (2014–2023)

This chart illustrates how Syros Pharmaceuticals 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: Syros Pharmaceuticals Inc's current assets represent 86.2% of total assets in 2023, a decrease from 98.5% in 2014.
  • Cash Position: Cash and equivalents constituted 83.0% of total assets in 2023, down from 98.2% in 2014.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2014.
  • Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.

Syros Pharmaceuticals Inc Competitors by Total Assets

Key competitors of Syros Pharmaceuticals 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

Syros Pharmaceuticals 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

Historical Range: 0.00 - 0.13

Lower asset utilization - Syros Pharmaceuticals Inc generates 0.06x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: -97.86% - -20.17%

Negative ROA - Syros Pharmaceuticals Inc is currently not profitable relative to its asset base.

Syros Pharmaceuticals 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 2.25 4.31 4.87
Quick Ratio 2.25 4.31 4.86
Cash Ratio 0.00 0.00 0.00
Working Capital $35.54 Million $ 94.12 Million $ 91.00 Million

Syros Pharmaceuticals Inc - Advanced Valuation Insights

This section examines the relationship between Syros Pharmaceuticals 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 10.65
Latest Market Cap to Assets Ratio 0.00
Asset Growth Rate (YoY) -31.2%
Total Assets $168.17 Million
Market Capitalization $329.84K USD

Valuation Analysis

Below Book Valuation: The market values Syros Pharmaceuticals Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.

Significant Asset Reduction: Syros Pharmaceuticals Inc's assets decreased by 31.2% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.

Annual Total Assets for Syros Pharmaceuticals Inc (2014–2023)

The table below shows the annual total assets of Syros Pharmaceuticals Inc from 2014 to 2023.

Year Total Assets Change
2023-12-31 $168.17 Million -31.21%
2022-12-31 $244.49 Million +33.65%
2021-12-31 $182.94 Million -14.22%
2020-12-31 $213.25 Million +42.19%
2019-12-31 $149.98 Million +40.47%
2018-12-31 $106.77 Million +36.03%
2017-12-31 $78.49 Million -14.05%
2016-12-31 $91.32 Million +109.31%
2015-12-31 $43.63 Million -29.05%
2014-12-31 $61.49 Million --