NTBLQ (Notable Labs) Beginning Cash Position: $8.17 Mil (As of Jun. 2024)

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What is Notable Labs Beginning Cash Position?

Notable Labs NTBLQ -90.00% Beginning Cash Position is $8.17 Mil as of Jun. 2024.

Notable Labs's Beginning Cash Position for the quarter that ended in Jun. 2024 was $8.17 Mil.

Notable Labs's quarterly Beginning Cash Position increased from Dec. 2023 ($0.00 Mil) to Mar. 2024 ($11.83 Mil) but then declined from Mar. 2024 ($11.83 Mil) to Jun. 2024 ($8.17 Mil).

Notable Labs's annual Beginning Cash Position increased from Dec. 2021 ($1.63 Mil) to Dec. 2022 ($2.40 Mil) but then declined from Dec. 2022 ($2.40 Mil) to Dec. 2023 ($1.58 Mil).

Notable Labs Beginning Cash Position Related Terms

Notable Labs Beginning Cash Position Historical Data

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The historical data trend for Notable Labs's Beginning 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.

Notable Labs Beginning Cash Position Chart

Notable Labs Annual Data
Trend Dec21 Dec22 Dec23
Beginning Cash Position
1.63 2.40 1.58

Notable Labs Quarterly Data
Dec21 Dec22 Mar23 Jun23 Dec23 Mar24 Jun24
Beginning Cash Position Get a 7-Day Free Trial 1.58 3.00 0.00 11.83 8.17

Notable Labs Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

What does a Beginning Cash Position of $8.17 Mil mean?
Notable Labs (NTBLQ) has a Beginning Cash Position of $8.17 Mil as of Jun. 2024. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Notable Labs and its competitors.
Is Notable Labs' Beginning Cash Position too high?
Notable Labs' current Beginning Cash Position is $8.17 Mil.
How does Notable Labs' Beginning Cash Position compare to VRTX and REGN?
Notable Labs' Beginning Cash Position of $8.17 Mil can be compared against companies in the Biotechnology industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beginning Cash Position for a Biotechnology company?
A good Beginning Cash Position depends on the Biotechnology industry context. However, Beginning Cash Position should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beginning Cash Position mean?
A high Beginning Cash Position can signal that a stock is expensive relative to its fundamentals. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Notable Labs and its competitors. Notable Labs's current Beginning Cash Position is $8.17 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Notable Labs stock overvalued right now?
Notable Labs (NTBLQ) has a current Beginning Cash Position of $8.17 Mil. The current Beginning Cash Position is $8.17 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beginning Cash Position calculated?
Beginning Cash Position is calculated from a company's financial statements. For Notable Labs (NTBLQ), the current Beginning Cash Position is $8.17 Mil as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Notable Labs Business Description

Address 320 Hatch Drive, Foster City, CA, USA, 94404
Notable Labs Ltd is a clinical-stage platform therapeutics company developing predictive precision medicines for patients with cancer. Through its proprietary Predictive Precision Medicines Platform (PPMP), Notable bio-simulates a cancer treatment to predict whether or not a patient is likely to respond to that specific therapeutic. PPMP is designed to enable Notable to identify and select patients expected to be clinically responsive before the initiation of their treatment and potentially enable fast-track therapeutic development in this patient population.