COGTCogent Biosciences, Inc.

$36.71

Is it safe?

Can COGT take a bad year?

Cogent Biosciences, Inc. holds $569M more cash than debt, and is burning $77M a quarter, about 2.5 years of cover.

$569M

Net cash

Net debt / EBITDA
net cash

Net debt / EBITDA · no net borrowings to measure against earnings

Cash runway
2.5 years

Cash runway · burning $77M a quarter at the current rate

Annualised volatility
104%

Annualised volatility · three times the market's own swing

Details
Total debtQ2 2026
$223M
Cash and short-term investments
$792M
Net cash
$569M
EBITDA, trailing twelve months
−$386M
Operating profit, trailing twelve months
−$389M
Debt / equity
0.42×
Annualised volatilitytwo years of daily moves
104%
Worst drawdown on file
−98%
Below its 52-week high
−14%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.