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2.39Cash Ratio
VS
Market
84
Sector
69
Industry
58
History
56
$ 7.81Close
$ 5.48 - $ 16.44 52-Week Range
Ticker Information

Ticker

WVE

Company Name

WAVE LIFE SCIENCES LTD

Sector

Healthcare

Industry

Biotechnology

Exchange

NASDAQ

WAVE LIFE SCIENCES LTD - Cash Ratio Chart Analysis (TTM)

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WVE - Cash Ratio Historical data
DateCash and EquivalentsCash RatioCurrent Liabilities
6/30/2025$ 208.48M2.39$ 87.41M
3/31/2025$ 243.07M2.78$ 87.37M
12/31/2024$ 302.08M2.72$ 110.95M
9/30/2024$ 310.95M1.82$ 170.73M
6/30/2024$ 153.96M0.89$ 173.13M
3/31/2024$ 180.92M1.09$ 165.87M
12/31/2023$ 200.35M1.07$ 186.44M
9/30/2023$ 139.94M1.4$ 99.98M
6/30/2023$ 172.97M1.23$ 140.23M
3/31/2023$ 207.56M1.57$ 132.57M
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Key Performance Insights, Last 5 Years

  • WAVE LIFE SCIENCES LTD's latest trailing twelve months (TTM) Cash Ratio stands at 1.97.
  • Over the past 5 years, WAVE LIFE SCIENCES LTD's average Cash Ratio has been 1.93.
  • The median Cash Ratio for WAVE LIFE SCIENCES LTD during this period was 1.69
  • WAVE LIFE SCIENCES LTD reached its highest Cash Ratio over the past 5 years at 3.92.
  • The lowest Cash Ratio recorded by WAVE LIFE SCIENCES LTD in the same timeframe 0.89

WAVE LIFE SCIENCES LTD's Cash Ratio vs. competitors

We picked the following companies as peers based on multiple factors, including sector, industry, market capitalization and revenue

Cash Ratio Benchmarks
CompanyCash Ratio
URGN : UROGEN PHARMA LTD 1.98SPRY : ARS PHARMACEUTICALS INC 1.13NRIX : NURIX THERAPEUTICS INC 0.96SNDX : SYNDAX PHARMACEUTICALS INC 0.96NTLA : INTELLIA THERAPEUTICS INC 1.64GYRE : GYRE THERAPEUTICS INC 2.16ZYME : ZYMEWORKS INC 2.55NAGE : NIAGEN BIOSCIENCE INC 2.71CRMD : CORMEDIX INC 5.02ABCL : ABCELLERA BIOLOGICS INC 1.75

Definition of Cash Ratio

[Calculation] The Cash Ratio is a liquidity indicator that describes a company's ability to meet short-term obligations with cash and cash equivalents. Calculated by dividing cash and cash equivalents [CashnEq] by current liabilities [LiabilitiesC].
CashnEq / LiabilitesC
(=) Cash Ratio
Cash Ratio for WAVE LIFE SCIENCES LTD is calculated as follows: CashnEq [ $ 216.36M ] / LiabilitesC [ $ 109.66M ]
(=) Cash Ratio [ 1.97 ]

WVE - Cash Ratio, Last 5 years

0.89

Minimum

Jun 30, 2024

3.92

Maximum

Sep 30, 2021

1.93

Average

1.69

Median

Cash Ratio Benchmark Analysis

The chart above depicts the distribution of Cash Ratio for companies in the Total Stock Market. The average Cash Ratio of the companies is 0.62 with a standard deviation of 0.63.
The following table provides additional summary stats:
Cash Ratio in the Market:
filtered constituents3.13K
min0
max2.69
average0.62
median0.39
std0.63