Exact Therapeutics AS

OL:EXTX Norway Biotechnology
Market Cap
$12.44 Million
Nkr141.71 Million NOK
Market Cap Rank
#32815 Global
#199 in Norway
Share Price
Nkr2.24
Change (1 day)
-14.50%
52-Week Range
Nkr1.27 - Nkr3.58
All Time High
Nkr40.90
About

EXACT Therapeutics AS, a clinical stage biopharmaceutical company, develops a technology platform for targeted therapeutic enhancement, Acoustic Cluster Therapy (ACT). The ACT is an approach to ultrasound-mediated, targeted drug enhancement with the potential to amplify the clinical utility of a range of therapeutic agents across various indications, including within oncology and brain diseases. … Read more

Exact Therapeutics AS (EXTX) - Total Assets

Latest total assets as of December 2024: Nkr153.20 Million NOK

Based on the latest financial reports, Exact Therapeutics AS (EXTX) holds total assets worth Nkr153.20 Million NOK as of December 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.

Exact Therapeutics AS - Total Assets Trend (2017–2024)

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

Exact Therapeutics AS - Asset Composition Analysis

Current Asset Composition (December 2024)

Exact Therapeutics AS's total assets of Nkr153.20 Million consist of 87.0% current assets and 13.1% non-current assets.

Asset Category Amount (NOK) % of Total Assets
Cash & Equivalents Nkr99.54 Million 64.0%
Accounts Receivable Nkr0.00 0.0%
Inventory Nkr0.00 0.0%
Property, Plant & Equipment Nkr4.81 Million 3.1%
Intangible Assets Nkr0.00 0.0%
Goodwill Nkr0.00 0.0%

Asset Composition Trend (2017–2024)

This chart illustrates how Exact Therapeutics AS'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: Exact Therapeutics AS's current assets represent 87.0% of total assets in 2024, a decrease from 98.5% in 2017.
  • Cash Position: Cash and equivalents constituted 64.0% of total assets in 2024, down from 75.7% in 2017.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2017.
  • Asset Diversification: The largest asset category is cash and equivalents at 64.0% of total assets.

Exact Therapeutics AS Competitors by Total Assets

Key competitors of Exact Therapeutics AS 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

Exact Therapeutics AS - 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 - 0.00

Lower asset utilization - Exact Therapeutics AS generates 0.00x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: -78.82% - -12.00%

Negative ROA - Exact Therapeutics AS is currently not profitable relative to its asset base.

Exact Therapeutics AS - 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 3.54 3.61 16.60
Quick Ratio 3.54 3.61 16.60
Cash Ratio 2.65 3.00 0.00
Working Capital Nkr95.61 Million Nkr 40.41 Million Nkr 130.04 Million

Exact Therapeutics AS - Advanced Valuation Insights

This section examines the relationship between Exact Therapeutics AS'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 1.76
Latest Market Cap to Assets Ratio 0.02
Asset Growth Rate (YoY) 149.8%
Total Assets Nkr153.20 Million
Market Capitalization $3.19 Million USD

Valuation Analysis

Below Book Valuation: The market values Exact Therapeutics AS's assets below their book value (0.02 x), which may indicate investor concerns about asset quality or future growth.

Rapid Asset Growth: Exact Therapeutics AS's assets grew by 149.8% over the past year, indicating significant expansion of the company's resource base.

Annual Total Assets for Exact Therapeutics AS (2017–2024)

The table below shows the annual total assets of Exact Therapeutics AS from 2017 to 2024.

Year Total Assets Change
2024-12-31 Nkr153.20 Million +149.84%
2023-12-31 Nkr61.32 Million -25.68%
2022-12-31 Nkr82.51 Million -29.86%
2021-12-31 Nkr117.63 Million -30.90%
2020-12-31 Nkr170.23 Million +226.72%
2019-12-31 Nkr52.10 Million -17.60%
2018-12-31 Nkr63.23 Million +215.78%
2017-12-31 Nkr20.02 Million --