Scholar Rock Holding Corporation Financial Ratios — 2QK

Profitability (USD)

	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Return on Common Equity (%)	- -	- -	- -	-46.46	-46.29	-60.9	-62.22	-68.3	-82.95	-123.08
Return on Assets (%)	- -	-52.94	-40.6	-27	-29.58	-38.05	-40.6	-49.55	-62.67	-85.97
Return on Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Return on Invested Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA Margin (%)	-4,125.33	- -	- -	-259.8	-554.35	-676.52	-395.82	- -	- -	- -
Operating Margin (%)	-4,277.04	- -	- -	-266.16	-564.03	-690.48	-404.81	- -	- -	- -
Incremental Operating Margin (%)	- -	2,326.91	- -	- -	635.41	- -	- -	111.24	- -	- -
Pretax Margin (%)	-4,276.25	- -	- -	-248.88	-561.47	-700.46	-405.21	- -	- -	- -
Profit Margin (%)	-4,276.25	- -	- -	-248.88	-561.47	-700.46	-405.21	- -	- -	- -
Net Income to Common Margin (%)	-4,276.25	- -	- -	-248.88	-561.47	-700.46	-405.21	- -	- -	- -
Effective Tax Rate (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dvd Payout Ratio (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Sustainable Growth Rate (%)	- -	- -	- -	-46.46	-46.29	-60.9	-62.22	-68.3	-82.95	-123.08

Credit (USD)

Credit Ratios API ChatGPT

	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Debt	2	1	- -	5	57	77	69	62	65	109
ST Debt	1	1	- -	1	5	9	8	9	6	6
LT Debt	1	- -	- -	4	52	68	62	53	59	103
Total Debt/EBITDA	-0.11	-0.04	-0.01	-0.1	-0.67	-0.61	-0.53	-0.37	-0.26	-0.28
Net Debt/EBITDA	0.53	2.28	2.3	0.68	1.59	1.28	0.41	0.31	0.51	0.58
Total Debt/EBIT	-0.1	-0.04	-0.01	-0.1	-0.66	-0.59	-0.52	-0.36	-0.26	-0.28
Net Debt/EBIT	0.52	2.21	2.26	0.67	1.56	1.25	0.4	0.3	0.51	0.58
EBITDA to Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	-36.58	-55.56
EBITDA-CapEx/Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	-36.6	-55.65
EBIT to Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	-36.87	-55.8
Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	7	7
Common Equity/Total Assets	-91.6	-86.83	58.8	57.49	67.16	56.52	72.66	72.41	77.62	60.72
Long-Term Debt/Equity (%)	- -	- -	- -	3.69	19.85	39.56	23.65	23.57	16.1	42.11
Long-Term Debt/Capital (%)	-3.61	-0.76	- -	3.53	16.29	27.32	18.67	18.49	13.68	29.17
Long-Term Debt/Total Assets (%)	3.12	0.65	- -	2.12	13.33	22.36	17.18	17.06	12.5	25.57
Total Debt/Equity (%)	-5.56	-1.94	0.4	4.7	21.91	44.78	26.67	27.45	17.67	44.37
Total Debt/Capital (%)	-5.89	-1.98	0.4	4.49	17.97	30.93	21.05	21.54	15.01	30.73
Total Debt/Total Assets (%)	5.09	1.69	0.23	2.7	14.71	25.31	19.38	19.87	13.71	26.94
Net Debt to Equity	27.85	103.55	-107.5	-32.16	-52.03	-94.63	-20.57	-23.02	-34.65	-91.17
Net Debt/Capital (%)	21.78	50.87	1,428.83	-44.33	-86.12	-448.62	-23.65	-27.99	-49.92	-724.89
EBITDA	-16	-24	-50	-53	-85	-127	-131	-168	-250	-383
EBITDA-CapEx	-16	-25	-51	-56	-89	-133	-132	-169	-250	-384
Operating Income (Loss)	-16	-25	-51	-55	-87	-130	-134	-171	-252	-385

Liquidity (USD)

Liquidity Ratios API ChatGPT

	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Cash Ratio	9.33	11.54	5.64	4.8	8.01	3.93	8.67	8.55	9.32	6.63
Current Ratio	9.48	11.78	5.72	5.64	8.09	4.13	9.01	8.8	9.61	6.95
Quick Ratio	9.33	11.54	5.64	5.56	8.01	3.93	8.74	8.58	9.36	6.68
CFO/Avg Current Liab	- -	-5.41	1.36	-1.97	-1.6	-2.37	-2.64	-4.2	-5.04	-5.86
Common Equity/Total Assets	-91.6	-86.83	58.8	57.49	67.16	56.52	72.66	72.41	77.62	60.72
Long-Term Debt/Equity (%)	- -	- -	- -	3.69	19.85	39.56	23.65	23.57	16.1	42.11
Long-Term Debt/Capital (%)	-3.61	-0.76	- -	3.53	16.29	27.32	18.67	18.49	13.68	29.17
Long-Term Debt/Total Assets (%)	3.12	0.65	- -	2.12	13.33	22.36	17.18	17.06	12.5	25.57
Total Debt/Equity (%)	-5.56	-1.94	0.4	4.7	21.91	44.78	26.67	27.45	17.67	44.37
Total Debt/Capital (%)	-5.89	-1.98	0.4	4.49	17.97	30.93	21.05	21.54	15.01	30.73
Total Debt/Total Assets (%)	5.09	1.69	0.23	2.7	14.71	25.31	19.38	19.87	13.71	26.94
CFO/Total Liabilities	-24.11	-18.88	32.89	-75.6	-47.26	-95.78	-135.49	-169.23	-189.06	-188.96
CFO/CapEx	-19.07	-60.21	16.47	-20.26	-14.74	-24.16	-124.71	-2,045.44	-2,050.5	-498.4
Altman's Z-Score	- -	- -	- -	- -	7.02	1.8	0.36	6.98	19.8	12.5

Working Capital (USD)

Working Capital Ratios API ChatGPT

	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Accounts Receivable Turnover	- -	- -	- -	1.64	1.23	- -	- -	- -	- -	- -
Days Sales Outstanding	- -	- -	- -	222.65	296.21	- -	- -	- -	- -	- -
Inventory Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Days Inventory Outstanding	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover Days	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Conversion Cycle	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Inventory to Cash Days	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

Enterprise Value API ChatGPT

	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Market Capitalization	- -	- -	- -	- -	1,630	901	412	1,560	4,122	5,072
- Cash & Cash Equivalents	10	56	115	36	160	213	103	102	178	324
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	2	1	- -	5	57	77	69	62	65	109
Enterprise Value	- -	- -	- -	- -	1,346	726	166	1,342	3,750	4,813
Total Capital	-28	-52	107	118	318	249	330	287	434	354
Total Debt/Capital (%)	-5.89	-1.98	0.4	4.49	17.97	30.93	21.05	21.54	15.01	30.73
Total Debt / EV	- -	- -	- -	- -	0.04	0.11	0.42	0.05	0.02	0.02
EV/Sales	- -	- -	- -	- -	87.41	38.56	5.01	- -	- -	- -
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Diluted Market Cap	- -	- -	- -	- -	1,467	940	476	1,711	4,386	5,364
Diluted Enterprise Value	- -	- -	- -	- -	1,183	764	230	1,493	4,014	5,105
EV per Share	- -	- -	- -	- -	39.42	20.61	3.22	17.66	39.96	44.38
TTM Sales	- -	- -	- -	20	15	19	33	- -	- -	- -
TTM EBITDA	-16	-24	-50	-53	-85	-127	-131	-168	-250	-383
TTM Operating Income	-16	-25	-51	-55	-87	-130	-134	-171	-252	-385
TTM Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
TTM Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Multiples (USD)

Valuation Multiples API ChatGPT

	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Price/Free Cash Flow	- -	- -	- -	- -	-22.8	-7.12	-3.56	-11.78	-21.82	-17.84
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Enterprise Value	- -	- -	- -	- -	1,346	726	166	1,342	3,750	4,813
Low Price	- -	- -	- -	- -	10.65	23.79	4.73	5.82	6.9	22.78
EV/Sales	- -	- -	- -	- -	87.41	38.56	5.01	- -	- -	- -
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Book Value	- -	- -	- -	- -	6.25	5.24	1.58	6.93	11.18	20.66
Price/Book Value Average	- -	- -	- -	- -	3.3	7.58	2.02	3.1	4.33	15.71
Price/Book Value High	- -	- -	- -	- -	6.95	14.04	5.03	7.05	12.11	21.76
Price/Book Value Low	- -	- -	- -	- -	1.4	4.87	0.94	1.96	1.76	10.07
Price/Tangible Book Value	- -	- -	- -	- -	6.25	5.24	1.58	7.05	11.25	20.66
Price/Tangible Book Value Average	- -	- -	- -	- -	3.3	7.58	2.02	3.15	4.35	15.71
Price/Tangible Book Value High	- -	- -	- -	- -	6.95	14.04	5.03	7.18	12.19	21.76
Price/Tangible Book Value Low	- -	- -	- -	- -	1.4	4.87	0.94	2	1.77	10.07
Price/Sales	- -	- -	- -	- -	95.25	49.95	14.33	- -	- -	- -
Price/Sales Average	- -	- -	- -	- -	50.28	72.27	18.25	- -	- -	- -
Price/Sales High	- -	- -	- -	- -	105.81	133.86	45.47	- -	- -	- -
Price/Sales Low	- -	- -	- -	- -	21.26	46.41	8.49	- -	- -	- -
Price/Cash Flow	- -	- -	- -	- -	-24.34	-7.41	-3.58	-11.78	-21.83	-17.88
Price/Cash Flow Average	- -	- -	- -	- -	-12.85	-10.73	-4.56	-5.27	-8.44	-13.6
Price/Cash Flow High	- -	- -	- -	- -	-27.04	-19.87	-11.37	-12	-23.65	-18.83
Price/Cash Flow Low	- -	- -	- -	- -	-5.43	-6.89	-2.12	-3.34	-3.43	-8.71
Price/Free Cash Flow Average	- -	- -	- -	- -	-12.03	-10.3	-4.53	-5.26	-8.44	-13.57
Price/Free Cash Flow High	- -	- -	- -	- -	-25.32	-19.08	-11.28	-12	-23.63	-18.79
Price/Free Cash Flow Low	- -	- -	- -	- -	-5.09	-6.61	-2.11	-3.34	-3.42	-8.69
EV/Sales Average	- -	- -	- -	- -	37.44	59.97	8.41	- -	- -	- -
EV/Sales High	- -	- -	- -	- -	99.15	119.03	32.01	- -	- -	- -
EV/Sales Low	- -	- -	- -	- -	5.19	35.16	- -	- -	- -	- -
EV/EBITDA Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBITDA High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBITDA Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Last Price	- -	- -	- -	- -	47.74	25.6	7.98	20.53	43.93	46.76
High Price	- -	- -	- -	- -	53.03	68.61	25.32	20.91	47.59	49.26
Enterprise Value Average	- -	- -	- -	- -	577	1,128	279	479	1,223	3,599
Enterprise Value High	- -	- -	- -	- -	1,527	2,240	1,062	1,371	4,093	5,084
Enterprise Value Low	- -	- -	- -	- -	80	662	-2	224	275	2,212

Per Share Data Items (USD)

Per-Share Data API ChatGPT

	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Shares Outstanding	24	24	26	30	34	35	52	76	94	108
Diluted Weighted Avg Shares	18	18	16	28	31	37	60	83	100	115
Basic Weighted Avg Shares	18	18	16	28	31	37	60	83	100	115
Revenue per Share	0.02	- -	- -	0.74	0.5	0.51	0.56	- -	- -	- -
EBITDA per Share	-0.87	-1.36	-3.19	-1.93	-2.78	-3.47	-2.2	-2.02	-2.51	-3.34
Operating Income per Share	-0.91	-1.4	-3.24	-1.98	-2.83	-3.54	-2.25	-2.06	-2.52	-3.35
Basic EPS, GAAP	-0.91	-1.4	-3.15	-1.85	-2.81	-3.59	-2.26	-1.99	-2.47	-3.29
Basic EPS from Cont Ops	-0.91	-1.4	-3.15	-1.85	-2.81	-3.59	-2.26	-1.99	-2.47	-3.29
Diluted EPS, GAAP	-0.91	-1.4	-3.15	-1.85	-2.81	-3.59	-2.26	-1.99	-2.47	-3.29
Diluted EPS from Cont Ops	-0.91	-1.4	-3.15	-1.85	-2.81	-3.59	-2.26	-1.99	-2.47	-3.29
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Flow per Share	-0.85	-1.21	1.57	-2.29	-1.96	-3.45	-2.23	-1.74	-2.01	-2.62
Free Cash Flow per Basic Share	-0.89	-1.23	1.47	-2.41	-2.09	-3.6	-2.24	-1.74	-2.01	-2.62
Cash & Equivalents per Share	1.15	2.37	6.7	5.28	9.99	7.19	6.1	3.68	4.66	3.39
Book Value per Share	-1.23	-2.19	4.07	3.79	7.64	4.89	5.04	2.96	3.93	2.26
Tangible Book Value per Share	-1.23	-2.19	4.07	3.79	7.64	4.89	5.04	2.91	3.9	2.26