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Stayble Therapeutics AB (OSTO:STABL) Ending Cash Position : kr21.29 Mil (As of Sep. 2023)


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What is Stayble Therapeutics AB Ending Cash Position?

Stayble Therapeutics AB's Ending Cash Position for the quarter that ended in Sep. 2023 was kr21.29 Mil.

Stayble Therapeutics AB's quarterly Ending Cash Position increased from Mar. 2023 (kr6.20 Mil) to Jun. 2023 (kr25.60 Mil) but then declined from Jun. 2023 (kr25.60 Mil) to Sep. 2023 (kr21.29 Mil).

Stayble Therapeutics AB's annual Ending Cash Position increased from Dec. 2020 (kr10.87 Mil) to Dec. 2021 (kr37.47 Mil) but then declined from Dec. 2021 (kr37.47 Mil) to Dec. 2022 (kr12.85 Mil).


Stayble Therapeutics AB Ending Cash Position Historical Data

The historical data trend for Stayble Therapeutics AB's Ending Cash Position can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Stayble Therapeutics AB Ending Cash Position Chart

Stayble Therapeutics AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Ending Cash Position
Get a 7-Day Free Trial 3.03 3.82 10.87 37.47 12.85

Stayble Therapeutics AB Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Ending Cash Position Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.95 12.85 6.20 25.60 21.29

Stayble Therapeutics AB Ending Cash Position Calculation

Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. It is equal to the Beginning Cash Position plus the Net Change in Cash.

Stayble Therapeutics AB's Ending Cash Position for the fiscal year that ended in Dec. 2022 is calculated as

Ending Cash Position= Beginning Cash Position+Net Change in Cash
=37.466+-24.62
=12.85

Stayble Therapeutics AB's Ending Cash Position for the quarter that ended in Sep. 2023 is calculated as

Ending Cash Position=Beginning Cash Position+Net Change in Cash
=25.603+-4.31
=21.29


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Stayble Therapeutics AB (OSTO:STABL) Business Description

Traded in Other Exchanges
Address
Medicinaregatan 8a, Gothenburg, SWE, SE-413 90
Stayble Therapeutics AB is a clinical-stage pharmaceutical company developing STA363, an intradiscally injected formulation against chronic discogenic low back pain. The treatment is aimed at patients whose back pain persists after physiotherapy and analgesics. The injection is given once and the effect is expected to remain throughout the patient's life and requires minimal rehabilitation. The company's injection treatment, STA363, is expected to correct the underlying cause of disc-related low back pain by affecting the two main causative factors namely instability of the disc and prevention of leakage of inflammatory mediators from the disc center.

Stayble Therapeutics AB (OSTO:STABL) Headlines

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