Third Harmonic Bio Statistics

Total Valuation

THRD has a market cap or net worth of $245.04 million. The enterprise value is -$23.57 million.

Market Cap	245.04M
Enterprise Value	-23.57M

Important Dates

The next estimated earnings date is Thursday, August 7, 2025, before market open.

Earnings Date	Aug 7, 2025
Ex-Dividend Date	n/a

Share Statistics

THRD has 45.13 million shares outstanding. The number of shares has increased by 8.23% in one year.

Current Share Class	45.13M
Shares Outstanding	45.13M
Shares Change (YoY)	+8.23%
Shares Change (QoQ)	+0.20%
Owned by Insiders (%)	3.09%
Owned by Institutions (%)	24.87%
Float	15.60M

Valuation Ratios

PE Ratio	n/a
Forward PE	n/a
PS Ratio	n/a
Forward PS	n/a
PB Ratio	0.90
P/TBV Ratio	0.90
P/FCF Ratio	n/a
P/OCF Ratio	n/a
PEG Ratio	n/a

Financial Ratio History

Enterprise Valuation

EV / Earnings	n/a
EV / Sales	n/a
EV / EBITDA	n/a
EV / EBIT	n/a
EV / FCF	n/a

Financial Position

The company has a current ratio of 54.10, with a Debt / Equity ratio of 0.01.

Current Ratio	54.10
Quick Ratio	53.24
Debt / Equity	0.01
Debt / EBITDA	n/a
Debt / FCF	n/a
Interest Coverage	n/a

Financial Efficiency

Return on equity (ROE) is -19.94% and return on invested capital (ROIC) is -14.80%.

Return on Equity (ROE)	-19.94%
Return on Assets (ROA)	-14.60%
Return on Invested Capital (ROIC)	-14.80%
Return on Capital Employed (ROCE)	-23.40%
Revenue Per Employee	n/a
Profits Per Employee	-$1.01M
Employee Count	53
Asset Turnover	n/a
Inventory Turnover	n/a

Taxes

Income Tax	n/a
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has decreased by -56.73% in the last 52 weeks. The beta is 2.15, so THRD's price volatility has been higher than the market average.

Beta (5Y)	2.15
52-Week Price Change	-56.73%
50-Day Moving Average	5.24
200-Day Moving Average	7.98
Relative Strength Index (RSI)	67.40
Average Volume (20 Days)	269,795

Short Selling Information

The latest short interest is 1.43 million, so 3.16% of the outstanding shares have been sold short.

Short Interest	1.43M
Short Previous Month	1.52M
Short % of Shares Out	3.16%
Short % of Float	9.14%
Short Ratio (days to cover)	4.78

Income Statement

Revenue	n/a
Gross Profit	n/a
Operating Income	-64.30M
Pretax Income	-32.74M
Net Income	-53.45M
EBITDA	-64.25M
EBIT	-64.30M
Earnings Per Share (EPS)	-$1.25

Full Income Statement

Balance Sheet

The company has $271.61 million in cash and $3.00 million in debt, giving a net cash position of $268.61 million or $5.95 per share.

Cash & Cash Equivalents	271.61M
Total Debt	3.00M
Net Cash	268.61M
Net Cash Per Share	$5.95
Equity (Book Value)	272.62M
Book Value Per Share	6.06
Working Capital	270.90M

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$41.69 million and capital expenditures -$10,000, giving a free cash flow of -$41.70 million.

Operating Cash Flow	-41.69M
Capital Expenditures	-10,000
Free Cash Flow	-41.70M
FCF Per Share	-$0.92

Full Cash Flow Statement

Margins

Gross Margin	n/a
Operating Margin	n/a
Pretax Margin	n/a
Profit Margin	n/a
EBITDA Margin	n/a
EBIT Margin	n/a
FCF Margin	n/a

Dividends & Yields

THRD does not appear to pay any dividends at this time.

Dividend Per Share	n/a
Dividend Yield	n/a
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	n/a
Buyback Yield	-8.23%
Shareholder Yield	-8.23%
Earnings Yield	-21.81%
FCF Yield	-17.02%

Analyst Forecast

The average price target for THRD is $5.00, which is -7.92% lower than the current price. The consensus rating is "Hold".

Price Target	$5.00
Price Target Difference	-7.92%
Analyst Consensus	Hold
Analyst Count	3
Revenue Growth Forecast (5Y)	n/a
EPS Growth Forecast (5Y)	n/a

Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value	n/a
Lynch Upside	n/a
Graham Number	n/a
Graham Upside	n/a

Stock Splits

This stock does not have any record of stock splits.

Last Split Date	n/a
Split Type	n/a
Split Ratio	n/a

Scores

Altman Z-Score	n/a
Piotroski F-Score	1