Inhibikase Therapeutics Financials

IKT Stock  USD 2.76  0.16  5.48%   
Based on the key indicators related to Inhibikase Therapeutics' liquidity, profitability, solvency, and operating efficiencyBased on the analysis of, Inhibikase Therapeutics is not in a good financial situation at this time. It has a very high odds of going through financial crisis in January. At this time, Inhibikase Therapeutics' Liabilities And Stockholders Equity is comparatively stable compared to the past year. Net Invested Capital is likely to gain to about 14 M in 2024, whereas Net Receivables is likely to drop slightly above 34.1 K in 2024. Key indicators impacting Inhibikase Therapeutics' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio2.494.1328
Way Down
Slightly volatile
The financial analysis of Inhibikase Therapeutics is a critical element in measuring its lifeblood. Investors should not minimize Inhibikase Therapeutics' ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Net Income

(18.08 Million)

  
Understanding current and past Inhibikase Therapeutics Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Inhibikase Therapeutics' financial statements are interrelated, with each one affecting the others. For example, an increase in Inhibikase Therapeutics' assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Inhibikase Therapeutics' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Inhibikase Therapeutics. Check Inhibikase Therapeutics' Beneish M Score to see the likelihood of Inhibikase Therapeutics' management manipulating its earnings.

Inhibikase Therapeutics Stock Summary

Inhibikase Therapeutics competes with DiaMedica Therapeutics, Milestone Pharmaceuticals, Seres Therapeutics, Oncolytics Biotech, and Scpharmaceuticals. Inhibikase Therapeutics, Inc., a clinical stage pharmaceutical company, develops therapeutics for Parkinsons Disease and related disorders that arise inside and outside of the brain. Inhibikase Therapeutics, Inc. was founded in 2008 and is headquartered in Atlanta, Georgia. Inhibikase Therapeutics operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 6 people.
Specialization
Health Care, Pharmaceuticals, Biotechnology & Life Sciences
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS45719W1062
CUSIP45719W106 45719W205
LocationGeorgia; U.S.A
Business Address3350 Riverwood Parkway
SectorBiotechnology
IndustryHealth Care
BenchmarkDow Jones Industrial
Websitewww.inhibikase.com
Phone678 392 3419
CurrencyUSD - US Dollar

Inhibikase Therapeutics Key Financial Ratios

Inhibikase Therapeutics Key Balance Sheet Accounts

201920202021202220232024 (projected)
Net Tangible Assets(778.0K)(4.5M)9.8M38.4M44.2M46.4M
Retained Earnings(12.2M)(15.0M)(29.8M)(47.9M)(66.9M)(63.6M)
Accounts Payable1.0M1.7M1.1M1.2M646.8K1.0M
Other Assets2.9K829.2K1.6M1.01.151.09
Total Current Assets35.4K14.8M42.5M24.4M14.2M13.4M
Other Current Liab1.7M632.9K2.7M2.4M2.3M1.9M
Total Assets38.3K14.8M42.5M24.9M14.5M18.3M
Net Debt355.3K(13.6M)(40.5M)(6.8M)(8.5M)(9.0M)
Cash18.5K14.0M40.8M7.2M9.2M13.1M
Other Current Assets16.9K829.2K1.6M163.5K959.0K729.2K
Total Liab4.5M5.0M4.1M3.9M3.5M3.3M
Net Invested Capital(4.1M)10.1M38.7M21.0M11.0M14.0M
Net Working Capital(4.2M)10.1M38.4M20.7M10.8M13.4M
Short Term Debt98.4K42.5K248.9K145.8K531.9K558.5K

Inhibikase Therapeutics Key Income Statement Accounts

The reason investors look at the income statement is to determine what Inhibikase Therapeutics' earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense24.8K29.4K19.9K74.5K85.6K89.9K
Ebit(5.7M)(2.8M)(14.8M)(18.1M)(20.1M)(19.1M)
Net Interest Income(24.8K)(29.4K)(19.9K)74.5K891.2K935.8K
Total Revenue1.1M698.5K3.1M123.4K260.5K247.5K
Gross Profit(1.4M)698.5K3.1M116.7K(13.4M)(12.7M)
Operating Income(5.7M)(2.8M)(14.8M)(18.1M)(20.1M)(19.1M)
Research Development2.6M893.8K11.4M12.0M13.6M8.1M
Ebitda(5.7M)(2.8M)(14.8M)(18.1M)(19.9M)(18.9M)
Income Before Tax(5.7M)(2.8M)(14.8M)(18.1M)(19.0M)(18.1M)
Net Income(5.7M)(2.9M)(14.8M)(17.9M)(19.0M)(18.1M)

Inhibikase Therapeutics Key Cash Accounts

201920202021202220232024 (projected)
Net Borrowings(26.3K)(22.8K)272.8K(42.5K)(48.9K)(46.5K)
Change To Netincome1.4M2.2M2.2M2.3M2.6M1.6M
Change In Cash(361.1K)13.9M26.8M(33.6M)2.0M1.0M
Net Income(5.7M)(2.8M)(14.8M)(18.1M)(19.0M)(18.1M)
End Period Cash Flow18.5K14.0M40.8M7.2M9.2M11.2M
Free Cash Flow(338.3K)(1.1M)(14.3M)(17.6M)(18.1M)(17.2M)
Other Non Cash Items2.3M1.6M721.6K67K31.5K30.0K

Inhibikase Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Inhibikase Therapeutics's current stock value. Our valuation model uses many indicators to compare Inhibikase Therapeutics value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Inhibikase Therapeutics competition to find correlations between indicators driving Inhibikase Therapeutics's intrinsic value. More Info.
Inhibikase Therapeutics is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . At this time, Inhibikase Therapeutics' Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Inhibikase Therapeutics by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Inhibikase Therapeutics Systematic Risk

Inhibikase Therapeutics' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Inhibikase Therapeutics volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Inhibikase Therapeutics correlated with the market. If Beta is less than 0 Inhibikase Therapeutics generally moves in the opposite direction as compared to the market. If Inhibikase Therapeutics Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Inhibikase Therapeutics is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Inhibikase Therapeutics is generally in the same direction as the market. If Beta > 1 Inhibikase Therapeutics moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Inhibikase Therapeutics Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Inhibikase Therapeutics' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Inhibikase Therapeutics growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.0209

At this time, Inhibikase Therapeutics' Price Earnings To Growth Ratio is comparatively stable compared to the past year.

Inhibikase Therapeutics December 2, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Inhibikase Therapeutics help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Inhibikase Therapeutics. We use our internally-developed statistical techniques to arrive at the intrinsic value of Inhibikase Therapeutics based on widely used predictive technical indicators. In general, we focus on analyzing Inhibikase Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Inhibikase Therapeutics's daily price indicators and compare them against related drivers.

Additional Tools for Inhibikase Stock Analysis

When running Inhibikase Therapeutics' price analysis, check to measure Inhibikase Therapeutics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Inhibikase Therapeutics is operating at the current time. Most of Inhibikase Therapeutics' value examination focuses on studying past and present price action to predict the probability of Inhibikase Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Inhibikase Therapeutics' price. Additionally, you may evaluate how the addition of Inhibikase Therapeutics to your portfolios can decrease your overall portfolio volatility.