KRON has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
KRON has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Kronos Bio has the Financial Strength Rank of 4.
GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors:
1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.GuruFocus does not calculate Kronos Bio's interest coverage with the available data. Kronos Bio's debt to revenue ratio for the quarter that ended in Dec. 2023 was 3.09. As of today, Kronos Bio's Altman Z-Score is -3.54.
For the Biotechnology subindustry, Kronos Bio's Financial Strength, along with its competitors' market caps and Financial Strength data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
For the Biotechnology industry and Healthcare sector, Kronos Bio's Financial Strength distribution charts can be found below:
* The bar in red indicates where Kronos Bio's Financial Strength falls into.
GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors
A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.
1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
Kronos Bio's Interest Expense for the months ended in Dec. 2023 was $0.00 Mil. Its Operating Income for the months ended in Dec. 2023 was $-27.34 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $25.38 Mil.
Kronos Bio's Interest Coverage for the quarter that ended in Dec. 2023 is
GuruFocus does not calculate Kronos Bio's interest coverage with the available data. |
The higher the ratio, the stronger the company's financial strength is.
Good Sign:
Ben Graham prefers companies' interest coverage to be at least 5. Kronos Bio Inc has enough cash to cover all of its debt. Its financial situation is stable.
2. Debt to revenue ratio. The lower, the better.
Kronos Bio's Debt to Revenue Ratio for the quarter that ended in Dec. 2023 is
Debt to Revenue Ratio | = | Total Debt (Q: Dec. 2023 ) | / | Revenue | ||
= | (Short-Term Debt & Capital Lease Obligation | + | Long-Term Debt & Capital Lease Obligation) | / | Revenue | |
= | (2.893 | + | 25.379) | / | 9.144 | |
= | 3.09 |
3. Altman Z-Score.
Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.
The zones of discrimination were as such:
When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.
Kronos Bio has a Z-score of -3.54, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.
Warning Sign:
Altman Z-score of -3.54 is in distress zone. This implies bankruptcy possibility in the next two years.
* 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.
Kronos Bio (NAS:KRON) Financial Strength Explanation
The maximum rank is 10. Companies with rank 7 or higher will be unlikely to fall into distressed situations. Companies with rank of 3 or less are likely in financial distress.
Kronos Bio has the Financial Strength Rank of 4.
Thank you for viewing the detailed overview of Kronos Bio's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.
Jorge Dimartino | officer: Chief Medical Officer & VP | C/O KRONOS BIO, INC., 1300 S, SAN MATEO CA 94402 |
Christopher Dinsmore | officer: Chief Scientific Officer | C/O KRONOS BIO, INC., 1300 EL CAMINO REAL, STE. 300, SAN MATEO CA 94402 |
Barbara Kosacz | officer: COO & General Counsel | 3175 HANOVER STREET, PALO ALTO CA 94304 |
Norbert W Bischofberger | director, 10 percent owner, officer: President & CEO | 333 LAKESIDE DR, C/O GILEAD SCIENCES, INC., FOSTER CITY CA 94404 |
Sandra A. Gardiner | officer: Interim CFO | CUTERA, INC., 3240 BAYSHORE BOULEVARD, BRISBANE CA 94005 |
Yasir B. Al-wakeel | officer: Chief Financial Officer | MERRIMACK PHARMACEUTICALS, INC., ONE KENDALL SQUARE, SUITE B7201, CAMBRIDGE MA 02139 |
Roger D Dansey | director | 21823 30TH DRIVE SE, BOTHELL WA 98021 |
Katherine V Stultz | director | C/O GRAPHITE BIO, INC., 279 EAST GRAND AVENUE, SUITE 430, SOUTH SAN FRANCISCO CA 94080 |
Backer Marianne De | director | 177 E COLORADO BLVD, SUITE 700, PASADENA CA 91105 |
Roshawn A. Blunt | director | 11682 EL CAMINO REAL STE 300, SAN DIEGO CA 92130 |
Jakob Loven | director | C/O ARVINAS, INC., 5 SCIENCE PARK, 395 WINCHESTER AVENUE, NEW HAVEN CT 06511 |
Taiyin Yang | director | 2631 HANOVER STREET, PALO ALTO CA 94304 |
Otello Stampacchia | director, 10 percent owner | 888 BOYLSTON ST., SUITE 1111, BOSTON MA 02199 |
John C Martin | director | 333 LAKESIDE DRIVE, FOSTER CITY X1 94404 |
Elena Ridloff | director | C/O ACADIA PHARMACEUTICALS INC., 12830 EL CAMINO REAL, SUITE 400, SAN DIEGO CA 92130 |
From GuruFocus
By Stock market mentor Stock market mentor • 01-09-2023
By sperokesalga sperokesalga • 04-24-2023
By PurpleRose PurpleRose • 08-04-2022
By GuruFocusNews GuruFocusNews • 06-30-2022
By Marketwired • 10-04-2023
By Value_Insider Value_Insider • 12-07-2022
By Value_Insider Value_Insider • 11-08-2022
By sperokesalga sperokesalga • 05-10-2023
By GuruFocusNews GuruFocusNews • 07-10-2022
By sperokesalga sperokesalga • 06-01-2023
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.