Inhibrx Biosciences, Inc. key statistics and ratios
In fiscal 2025, Inhibrx Biosciences, Inc. had return on equity of -197.8%, an operating margin of -10386.5%, debt equal to 1258.1% of equity and a current ratio of 3.93. Each ratio below is calculated from the figures on its income statement, balance sheet and cash flow pages.
Financial ratios
| Fiscal year | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 |
|---|---|---|---|
| Operating margin | <−999% | <−999% | <−999% |
| Net margin | <−999% | >999% | <−999% |
| Free-cash-flow margin | <−999% | <−999% | <−999% |
| Return on equity | — | — | −197.8% |
| Return on assets | −78.4% | 690.7% | −85.6% |
| Asset turnover | 0.01 | 0.00 | 0.01 |
| Current ratio | 5.25 | 3.94 | 3.93 |
| Debt to equity | 475.8% | 0.0% | >999% |
| Interest cover (operating income ÷ interest) | n/m | n/m | n/m |
| Effective tax rate | — | 0.0% | — |
| R&D as % of revenue | >999% | >999% | >999% |
| Capital spending as % of revenue | 255.2% | >999% | 2.4% |
| Free cash flow ÷ net income | — | −11.7% | — |
| Quarter | 2024 Q2Jun 2024 | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Operating margin | <−999% | — | <−999% | — | <−999% | — | — | — |
| Net margin | >999% | — | <−999% | — | <−999% | — | — | — |
| Free-cash-flow margin | <−999% | — | <−999% | — | <−999% | — | — | — |
| Current ratio | 6.20 | 4.70 | 3.94 | 5.12 | 4.98 | 4.49 | 3.93 | 5.07 |
| Debt to equity | 0.0% | 0.0% | 0.0% | 104.5% | 144.8% | 271.3% | >999% | — |
| R&D as % of revenue | >999% | — | >999% | — | >999% | — | — | — |
Financial health
- Short-term assets cover short-term liabilities $142m of assets due within a year against $28m of liabilities due within a year.
- Short-term assets cover long-term liabilities $142m short-term assets against $179m of longer-dated liabilities.
- More cash than debt $133m of cash against $176m of debt.
- Debt below 40% of shareholders' equity Equity or debt not reported. Not assessable.
- Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
- A year's operating cash flow covers at least 20% of debt −$132m of operating cash flow against $176m of debt.
- Operating profit covers interest at least five times over Operating income of −$128m against $16m of interest.
Moat
Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Medium.
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