TECXTectonic Therapeutic, Inc.
Is it safe?
Caution warranted: heavy debt (CCC) and big price swings.
Debt against weak or negative operating profit. A rule of thumb on leverage, not a credit rating.
Large price swings, high volatility. Worst drawdown -100% · now 40% below its 52-week high.
Where this answer is blind. Altman sits structurally low for utilities and pipelines; Beneish runs high for fast growers, since sales growth alone lifts it; banks and REITs are excluded.
Can TECX take a bad year?
The deepest fall in TECX's price history on file is −100%; it is 40% below its high today.
Worst drawdown on file · −40% today
- Cash runway
- 3.1 years
Cash runway · burning $18M a quarter at the current rate
- Annualised volatility
- 117%
Annualised volatility · three times the market's own swing
Details›
- Cash and short-term investments
- $227M
- EBITDA, trailing twelve months
- −$94M
- Operating profit, trailing twelve months
- −$95M
- Annualised volatilitytwo years of daily moves
- 117%
- Worst drawdown on file
- −100%
- Below its 52-week high
- 40%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.