We're Not Very Worried About ArriVent BioPharma's (NASDAQ:AVBP) Cash Burn Rate [Yahoo! Finance]
ArriVent BioPharma, Inc. (AVBP)
Company Research
Source: Yahoo! Finance
lost money for years while it grew recurring revenue, if you held shares since 2005, you'd have done very well indeed. But while history lauds those rare successes, those that fail are often forgotten; who remembers Pets.com? So, the natural question for ArriVent BioPharma NASDAQ:AVBP ) shareholders is whether they should be concerned by its rate of cash burn. In this article, we define cash burn as its annual (negative) free cash flow, which is the amount of money a company spends each year to fund its growth. First, we'll determine its cash runway by comparing its cash burn with its cash reserves. See our latest analysis for ArriVent BioPharma When Might ArriVent BioPharma Run Out Of Money? A company's cash runway is calculated by dividing its cash hoard by its cash burn. As at June 2024, ArriVent BioPharma had cash of US$299m and no debt. In the last year, its cash burn was US$68m. That means it had a cash runway of about 4.4 years as of June 2024. There's no doubt that thi
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AVBP
News
- ArriVent BioPharma, Inc. (NASDAQ: AVBP) had its "buy" rating re-affirmed by analysts at HC Wainwright. They now have a $36.00 price target on the stock.MarketBeat
- ArriVent BioPharma Reports Third Quarter 2024 Financial Results [Yahoo! Finance]Yahoo! Finance
- ArriVent BioPharma Reports Third Quarter 2024 Financial ResultsGlobeNewswire
- ArriVent BioPharma: Bringing A Novel Cancer Drug From China [Seeking Alpha]Seeking Alpha
- ArriVent BioPharma, Inc. (NASDAQ: AVBP) had its price target raised by analysts at Citigroup Inc. from $30.00 to $36.00. They now have a "buy" rating on the stock.MarketBeat
AVBP
Earnings
- 11/14/24 - Beat
AVBP
Sec Filings
- 11/14/24 - Form SC
- 11/14/24 - Form 10-Q
- 11/14/24 - Form 8-K
- AVBP's page on the SEC website