We're Keeping An Eye On IGM Biosciences' (NASDAQ:IGMS) Cash Burn Rate [Yahoo! Finance]
IGM Biosciences, Inc. (IGMS)
Last igm biosciences, inc. earnings: 3/26 04:05 pm
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Source: Yahoo! Finance
For example, although Amazon.com made losses for many years after listing, if you had bought and held the shares since 1999, you would have made a fortune. But while the successes are well known, investors should not ignore the very many unprofitable companies that simply burn through all their cash and collapse. Given this risk, we thought we'd take a look at whether IGM Biosciences NASDAQ:IGMS ) shareholders should be worried about its cash burn. In this report, we will consider the company's annual negative free cash flow, henceforth referring to it as the 'cash burn'. Let's start with an examination of the business' cash, relative to its cash burn. View our latest analysis for IGM Biosciences Does IGM Biosciences Have A Long Cash Runway? You can calculate a company's cash runway by dividing the amount of cash it has by the rate at which it is spending that cash. In March 2024, IGM Biosciences had US$294m in cash, and was debt-free. In the last year, its cash burn was US$19
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IGMS
News
- Shareholders May Find It Hard To Justify Increasing IGM Biosciences, Inc.'s (NASDAQ:IGMS) CEO Compensation For Now [Yahoo! Finance]Yahoo! Finance
- IGM Biosciences to Present at the Jefferies Healthcare ConferenceGlobeNewswire
- IGM Biosciences, Inc. (NASDAQ: IGMS) had its "neutral" rating re-affirmed by analysts at HC Wainwright. They now have a $12.00 price target on the stock.MarketBeat
- GWAV and BRSH among mid-day movers [Seeking Alpha]Seeking Alpha
- IGM Biosciences, Inc. (NASDAQ: IGMS) had its "outperform" rating re-affirmed by analysts at Wedbush. They now have a $20.00 price target on the stock.MarketBeat
IGMS
Earnings
- 5/8/24 - Beat
IGMS
Sec Filings
- 6/20/24 - Form SC
- 6/18/24 - Form 4
- 6/18/24 - Form 4
- IGMS's page on the SEC website