Nascent Biotech Inc

OTCQB:NBIO USA Biotechnology
Market Cap
$1.12 Million
Market Cap Rank
#42227 Global
#13679 in USA
Share Price
$0.01
Change (1 day)
+0.00%
52-Week Range
$0.00 - $0.01
All Time High
$0.73
About

Nascent Biotech, Inc., a clinical-stage biopharmaceutical company, develops monoclonal antibodies for the treatment of various forms of cancer. It is developing Pritumumab, a drug to treat patients with brain cancer malignancies, such as glioblastoma and malignant astrocytoma, as well as epithelial cancers, including lung, breast, colon, brain, and pancreas cancer. The company is developing Multi… Read more

Nascent Biotech Inc (NBIO) - Total Assets

Latest total assets as of June 2024: $227.39K USD

Based on the latest financial reports, Nascent Biotech Inc (NBIO) holds total assets worth $227.39K USD as of June 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.

Nascent Biotech Inc - Total Assets Trend (2014–2024)

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

Nascent Biotech Inc - Asset Composition Analysis

Current Asset Composition (March 2024)

Nascent Biotech Inc's total assets of $227.39K consist of 100.0% current assets and 0.0% non-current assets.

Asset Category Amount (USD) % of Total Assets
Cash & Equivalents $0.00 67.4%
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 (2014–2024)

This chart illustrates how Nascent Biotech 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: Nascent Biotech Inc's current assets represent 100.0% of total assets in 2024, unchanged from 100.0% in 2014.
  • Cash Position: Cash and equivalents constituted 67.4% of total assets in 2024, down from 99.0% 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.

Nascent Biotech Inc Competitors by Total Assets

Key competitors of Nascent Biotech Inc based on total assets are shown below.

Nascent Biotech 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 - 9.49

Lower asset utilization - Nascent Biotech 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

Historical Range: -124429.86% - 126.36%

Negative ROA - Nascent Biotech Inc is currently not profitable relative to its asset base.

Nascent Biotech 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 0.31 0.06 0.01
Quick Ratio 0.31 0.06 0.01
Cash Ratio 0.00 0.00 0.00
Working Capital $-514.54K $ -1.16 Million $ -801.15K

Nascent Biotech Inc - Advanced Valuation Insights

This section examines the relationship between Nascent Biotech 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 482.01
Latest Market Cap to Assets Ratio 0.09
Asset Growth Rate (YoY) 116.5%
Total Assets $552.12K
Market Capitalization $51.66K USD

Valuation Analysis

Below Book Valuation: The market values Nascent Biotech Inc's assets below their book value (0.09 x), which may indicate investor concerns about asset quality or future growth.

Rapid Asset Growth: Nascent Biotech Inc's assets grew by 116.5% over the past year, indicating significant expansion of the company's resource base.

Annual Total Assets for Nascent Biotech Inc (2014–2024)

The table below shows the annual total assets of Nascent Biotech Inc from 2014 to 2024.

Year Total Assets Change
2024-03-31 $552.12K +116.52%
2023-03-31 $255.00K +141.91%
2022-03-31 $105.41K -85.97%
2021-03-31 $751.43K +23250.99%
2020-03-31 $3.22K -97.55%
2019-03-31 $131.47K +12.37%
2018-03-31 $116.99K -87.00%
2017-03-31 $899.76K -35.79%
2016-03-31 $1.40 Million +49.46%
2015-03-31 $937.60K +715.26%
2014-03-31 $115.01K --