Financial Snapshot

Revenue
$1.039M
TTM
Gross Margin
Net Earnings
-$277.9M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
1638.45%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$833.0M
Q3 2024
Cash
Q3 2024
P/E
-19.06
Nov 29, 2024 EST
Free Cash Flow
-$203.6M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Revenue $4.013M $4.737M $1.078M $71.00K $1.193M $2.428M $2.045M $589.0K
YoY Change -15.28% 339.42% 1418.31% -94.05% -50.86% 18.73% 247.2%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Revenue $4.013M $4.737M $1.078M $71.00K $1.193M $2.428M $2.045M $589.0K
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Selling, General & Admin $58.09M $42.39M $24.53M $18.03M $13.52M $6.660M $1.940M $1.530M
YoY Change 37.03% 72.86% 36.02% 33.36% 103.0% 243.3% 26.8%
% of Gross Profit
Research & Development $168.5M $130.2M $84.26M $57.00M $41.51M $24.48M $9.233M $5.100M
YoY Change 29.41% 54.56% 47.82% 37.32% 69.56% 165.13% 81.04%
% of Gross Profit
Depreciation & Amortization $1.100M $1.000M $900.0K $900.0K $900.0K $500.0K $130.0K $90.00K
YoY Change 10.0% 11.11% 0.0% 0.0% 80.0% 284.62% 44.44%
% of Gross Profit
Operating Expenses $226.6M $172.6M $108.8M $75.02M $55.03M $31.14M $11.17M $5.100M
YoY Change 31.28% 58.69% 44.99% 36.35% 76.71% 178.71% 119.06%
Operating Profit -$222.6M -$167.9M -$107.7M -$74.95M -$53.83M -$28.71M -$9.127M
YoY Change 32.6% 55.88% 43.69% 39.24% 87.5% 214.56%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Interest Expense $36.44M $32.92M $50.00K $990.0K $3.460M $1.750M $8.000K $11.00K
YoY Change 10.69% 65734.0% -94.95% -71.39% 97.71% 21775.0% -27.27%
% of Operating Profit
Other Income/Expense, Net $13.28M $4.974M $61.00K $1.141M $3.410M $1.595M -$30.00K $1.000K
YoY Change 166.93% 8054.1% -94.65% -66.54% 113.79% -5416.67% -3100.0%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Pretax Income -$214.5M -$163.9M -$107.6M -$73.81M -$50.42M -$27.12M -$9.157M -$6.019M
YoY Change 30.88% 52.28% 45.83% 46.39% 85.96% 196.11% 52.13%
Income Tax $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$214.5M -$163.9M -$107.6M -$73.81M -$50.42M -$27.12M -$9.157M -$6.019M
YoY Change 30.88% 52.28% 45.83% 46.39% 85.96% 196.11% 52.13%
Net Earnings / Revenue -5345.85% -3460.38% -9985.25% -103960.56% -4226.49% -1116.76% -447.78% -1021.9%
Basic Earnings Per Share -$3.69 -$3.15 -$2.80 -$2.42
Diluted Earnings Per Share -$3.69 -$3.15 -$2.801M -$2.424M -$2.085M -$1.121M -$416.2K -$273.5K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Cash & Short-Term Investments $558.6M $334.4M $333.7M $170.9M $118.4M $163.9M $14.20M $12.20M
YoY Change 67.02% 0.22% 95.26% 44.34% -27.76% 1054.23% 16.39%
Cash & Equivalents $54.90M $32.67M $200.7M $93.10M $40.30M $45.00M $14.20M $12.20M
Short-Term Investments $503.7M $301.8M $133.0M $77.80M $78.10M $118.9M
Other Short-Term Assets $6.500M $8.469M $9.537M $4.800M $3.600M $1.200M $200.0K $100.0K
YoY Change -23.25% -11.2% 98.69% 33.33% 200.0% 500.0% 100.0%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $574.2M $345.2M $344.7M $177.5M $123.3M $166.7M $15.20M $12.40M
YoY Change 66.33% 0.13% 94.21% 43.96% -26.03% 996.71% 22.58%
Property, Plant & Equipment $57.43M $4.986M $4.717M $5.400M $6.500M $4.200M $400.0K $200.0K
YoY Change 1051.83% 5.7% -12.65% -16.92% 54.76% 950.0% 100.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $470.0K $0.00 $1.010M
YoY Change -100.0%
Other Assets $3.300M $2.006M $568.0K $500.0K $600.0K $500.0K $0.00 $0.00
YoY Change 64.51% 253.17% 13.6% -16.67% 20.0%
Total Long-Term Assets $61.20M $6.992M $6.295M $5.900M $7.100M $4.700M $400.0K $200.0K
YoY Change 775.29% 11.07% 6.69% -16.9% 51.06% 1075.0% 100.0%
Total Assets $635.4M $352.2M $351.0M $183.4M $130.4M $171.4M $15.60M $12.60M
YoY Change
Accounts Payable $6.548M $6.883M $8.468M $5.600M $4.800M $1.500M $400.0K $300.0K
YoY Change -4.87% -18.72% 51.21% 16.67% 220.0% 275.0% 33.33%
Accrued Expenses $35.34M $18.60M $7.527M $4.900M $3.600M $6.500M $500.0K $500.0K
YoY Change 89.99% 147.11% 53.61% 36.11% -44.62% 1200.0% 0.0%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $0.00
YoY Change
Total Short-Term Liabilities $43.94M $27.72M $16.00M $10.50M $8.300M $7.900M $900.0K $900.0K
YoY Change 58.5% 73.32% 52.33% 26.51% 5.06% 777.78% 0.0%
Long-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $200.0K
YoY Change -100.0%
Other Long-Term Liabilities $52.31M $8.125M $3.076M $4.000M $4.900M $3.300M $0.00 $0.00
YoY Change 543.75% 164.14% -23.1% -18.37% 48.48%
Total Long-Term Liabilities $52.31M $8.125M $3.076M $4.000M $4.900M $3.300M $0.00 $200.0K
YoY Change 543.75% 164.14% -23.1% -18.37% 48.48% -100.0%
Total Liabilities $96.25M $35.85M $19.07M $14.50M $13.20M $11.20M $900.0K $1.100M
YoY Change 168.49% 87.97% 31.52% 9.85% 17.86% 1144.44% -18.18%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Basic Shares Outstanding 58.07M 51.98M 38.44M 30.45M
Diluted Shares Outstanding 58.07M 51.98M 38.44M 30.45M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $5.2962 Billion

About Crinetics Pharmaceuticals, Inc.

Crinetics Pharmaceuticals, Inc. operates as a clinical stage pharmaceutical company focused on the discovery, development, and commercialization of novel therapeutics for rare endocrine diseases and endocrine-related tumors. The company is headquartered in San Diego, California and currently employs 290 full-time employees. The company went IPO on 2018-07-18. Its Paltusotine, an investigational, oral somatostatin receptor type 2 (SST2) agonist, is in Phase 3 clinical development for acromegaly and Phase 2 clinical development for carcinoid syndrome associated with neuroendocrine tumors. The company has demonstrated pharmacologic proof-of-concept in a Phase 1 clinical study for CRN04894, an investigational, oral ACTH antagonist, that is in Phase 2 clinical studies for the treatment of congenital adrenal hyperplasia and Cushing's disease. Its drug candidates are orally delivered, small molecule new chemical entities resulting from in-house drug discovery efforts, including other programs addressing a variety of endocrine conditions such as hyperparathyroidism, polycystic kidney disease, Graves' disease, thyroid eye disease, diabetes and obesity.

Industry: Pharmaceutical Preparations Peers: Avidity Biosciences, Inc. Cogent Biosciences, Inc. Emergent BioSolutions Inc. ENANTA PHARMACEUTICALS INC Forma Therapeutics Holdings, Inc. ImmunoGen, Inc. MADRIGAL PHARMACEUTICALS, INC. Morphic Holding, Inc. REGENXBIO Inc.