Tarsus Pharmaceuticals Inc

NASDAQ:TARS USA Biotechnology
Market Cap
$2.96 Billion
Market Cap Rank
#4643 Global
#2882 in USA
Share Price
$69.79
Change (1 day)
+1.29%
52-Week Range
$38.82 - $82.51
All Time High
$82.51
About

Tarsus Pharmaceuticals, Inc., a commercial stage biopharmaceutical company, focuses on the development and commercialization of therapeutic candidates for eye care in the United States. The company's lead product candidate is XDEMVY, a novel therapeutic for the treatment of blepharitis caused by the infestation of Demodex mites, as well as to treat meibomian gland disease. It is also developing T… Read more

Tarsus Pharmaceuticals Inc (TARS) - Total Assets

Latest total assets as of September 2025: $534.56 Million USD

Based on the latest financial reports, Tarsus Pharmaceuticals Inc (TARS) holds total assets worth $534.56 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.

Tarsus Pharmaceuticals Inc - Total Assets Trend (2018–2024)

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

Tarsus Pharmaceuticals Inc - Asset Composition Analysis

Current Asset Composition (December 2024)

Tarsus Pharmaceuticals Inc's total assets of $534.56 Million consist of 94.6% current assets and 5.4% non-current assets.

Asset Category Amount (USD) % of Total Assets
Cash & Equivalents $0.00 25.2%
Accounts Receivable $48.06 Million 12.8%
Inventory $2.62 Million 0.7%
Property, Plant & Equipment $0.00 0.0%
Intangible Assets $8.33 Million 2.2%
Goodwill $0.00 0.0%

Asset Composition Trend (2018–2024)

This chart illustrates how Tarsus 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: Tarsus Pharmaceuticals Inc's current assets represent 94.6% of total assets in 2024, a decrease from 99.8% in 2018.
  • Cash Position: Cash and equivalents constituted 25.2% of total assets in 2024, down from 98.6% in 2018.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, an increase from 0.0% in 2018.
  • Asset Diversification: The largest asset category is accounts receivable at 12.8% of total assets.

Tarsus Pharmaceuticals Inc Competitors by Total Assets

Key competitors of Tarsus 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

Tarsus 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 - 0.49

Moderate asset utilization - Tarsus Pharmaceuticals Inc generates 0.49x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: -55.21% - -7.73%

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

Tarsus 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 4.29 5.42 31.68
Quick Ratio 4.25 5.38 31.68
Cash Ratio 0.00 0.00 0.00
Working Capital $384.65 Million $ 291.25 Million $ 165.27 Million

Tarsus Pharmaceuticals Inc - Advanced Valuation Insights

This section examines the relationship between Tarsus 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 7.70
Latest Market Cap to Assets Ratio 5.98
Asset Growth Rate (YoY) 42.0%
Total Assets $376.99 Million
Market Capitalization $2.25 Billion USD

Valuation Analysis

Premium Asset Valuation: The market values Tarsus Pharmaceuticals Inc's assets at a significant premium ( 5.98x), suggesting investors see substantial growth potential or unique competitive advantages.

Rapid Asset Growth: Tarsus Pharmaceuticals Inc's assets grew by 42.0% over the past year, indicating significant expansion of the company's resource base.

Annual Total Assets for Tarsus Pharmaceuticals Inc (2018–2024)

The table below shows the annual total assets of Tarsus Pharmaceuticals Inc from 2018 to 2024.

Year Total Assets Change
2024-12-31 $376.99 Million +42.00%
2023-12-31 $265.49 Million +16.51%
2022-12-31 $227.86 Million +27.36%
2021-12-31 $178.91 Million +4.03%
2020-12-31 $171.97 Million +194.90%
2019-12-31 $58.32 Million +2341.02%
2018-12-31 $2.39 Million --