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Stock impact report

Will Wave Life Sciences (NASDAQ:WVE) Spend Its Cash Wisely? [Yahoo! Finance]

Wave Life Sciences Ltd. - Ordinary Shares (WVE) 
Last wave life sciences ltd. - ordinary shares earnings: 3/2 06:45 am Check Earnings Report
Company Research Source: Yahoo! Finance
For example, biotech and mining exploration companies often lose money for years before finding success with a new treatment or mineral discovery. 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. So should Wave Life Sciences NASDAQ:WVE ) shareholders be worried about its cash burn? For the purpose of this article, we'll define cash burn as the amount of cash the company is spending each year to fund its growth (also called its negative free cash flow). Let's start with an examination of the business' cash, relative to its cash burn. We've discovered 2 warning signs about Wave Life Sciences. View them for free 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. As at December 2024, Wave Life Sciences had cash of US$302m and no debt. In the last year, its cash burn was US$152m. Therefore, from Decem Show less Read more
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