Exicure, Inc. Financial Ratios — XCUR Stock

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 (%)	- -	- -	-109.53	-51.73	-34.68	-176.25	-19.74	-188.43	-197.92	-92.47
Return on Assets (%)	- -	-44.43	-77.63	-36.53	-22.87	-77.55	-5.86	-96.91	-72.84	-34
Return on Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Return on Invested Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Margin (%)	100	100	100	100	100	100	100	- -	100	- -
EBITDA Margin (%)	-1,542.66	-104.69	-18,187.29	-1,997.92	-144.4	12,581.78	0.09	- -	-825	- -
Operating Margin (%)	-1,560.04	-107.08	-18,490.68	-2,053.78	-153.11	12,950.1	-6.35	- -	-989.8	- -
Incremental Operating Margin (%)	- -	- -	- -	- -	- -	217.09	- -	39.23	- -	1,033.6
Pretax Margin (%)	-1,635.23	-113.29	-18,994.07	-2,029.55	-148.49	13,271.64	-8.23	- -	-1,938.6	- -
Profit Margin (%)	-1,635.23	-113.29	-18,994.07	-2,029.55	-148.49	13,271.64	-8.96	- -	-1,940.2	- -
Net Income to Common Margin (%)	-1,635.23	-113.29	-18,994.07	-2,029.55	-148.49	13,271.64	-8.96	- -	-1,940.2	- -
Effective Tax Rate (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dvd Payout Ratio (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Sustainable Growth Rate (%)	- -	- -	-109.53	-51.73	-34.68	-176.25	-19.74	-188.43	-197.92	-92.47

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	6	5	5	5	25	15	7	7	6	- -
ST Debt	1	- -	- -	5	- -	7	1	1	1	- -
LT Debt	4	5	5	- -	25	7	7	6	5	- -
Total Debt/EBITDA	-0.35	-0.48	-0.23	-0.21	-1.03	-0.24	292.24	-0.57	-1.44	-0.02
Net Debt/EBITDA	0.87	2.05	0.99	1.68	0.7	0.46	-343.08	0.07	3.03	0.39
Total Debt/EBIT	-0.35	-0.47	-0.23	-0.2	-0.97	-0.24	-3.99	-0.51	-1.2	-0.02
Net Debt/EBIT	0.86	2.01	0.98	1.63	0.66	0.44	4.68	0.06	2.53	0.37
EBITDA to Interest Expense	-22.07	-12.8	-31.94	-32.94	-41.87	-35.94	0.04	- -	-229.17	-9,657
EBITDA-CapEx/Interest Expense	-22.07	-12.8	-31.94	-32.94	-41.87	-35.94	0.04	- -	-229.17	-9,657
EBIT to Interest Expense	-22.32	-13.09	-32.47	-33.86	-44.39	-36.99	-3.08	- -	-274.94	-10,117
Interest Expense	1	1	1	1	1	2	1	- -	- -	- -
Common Equity/Total Assets	-195.29	68.91	72.86	70.05	61.23	17.32	63.97	26.17	44.98	27.96
Long-Term Debt/Equity (%)	181.94	24.31	23.51	0.07	39.91	65.92	45.35	199.24	76.98	- -
Long-Term Debt/Capital (%)	54.89	19.55	19.03	0.07	28.45	28.51	30.44	62.28	41.02	- -
Long-Term Debt/Total Assets (%)	21.65	16.75	17.13	0.05	24.44	11.41	29.01	52.15	34.62	- -
Total Debt/Equity (%)	231.5	24.31	23.51	6.58	40.27	131.2	48.96	219.89	87.64	4.48
Total Debt/Capital (%)	69.83	19.55	19.03	6.18	28.71	56.75	32.87	68.74	46.71	4.29
Total Debt/Total Assets (%)	27.54	16.75	17.13	4.61	24.66	22.72	31.32	57.56	39.42	1.25
Net Debt to Equity	-570.1	-104.68	-101.87	-53.87	-27.11	-247.25	-57.48	-26.92	-184.7	-95.42
Net Debt/Capital (%)	121.27	2,238.65	5,458.57	-115.67	-31.45	320.09	-62.83	-9.19	-6,285.43	-1,052.25
EBITDA	-16	-10	-21	-26	-24	-61	- -	-12	-4	-10
EBITDA-CapEx	-16	-10	-21	-26	-24	-61	- -	-12	-4	-10
Operating Income (Loss)	-16	-10	-22	-27	-25	-63	-2	-13	-5	-10

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	1.61	7.68	12.86	3.56	5.98	1.15	5.23	0.33	4.07	0.96
Current Ratio	1.65	8.24	13.54	3.63	6.29	1.28	6.13	0.81	4.45	1.19
Quick Ratio	1.62	7.69	12.86	3.56	5.98	1.15	5.3	0.42	4.25	0.98
CFO/Avg Current Liab	- -	-2.55	-7.22	0.08	-1.75	-1.46	-2	-4.99	-1.04	-2.46
Common Equity/Total Assets	-195.29	68.91	72.86	70.05	61.23	17.32	63.97	26.17	44.98	27.96
Long-Term Debt/Equity (%)	181.94	24.31	23.51	0.07	39.91	65.92	45.35	199.24	76.98	- -
Long-Term Debt/Capital (%)	54.89	19.55	19.03	0.07	28.45	28.51	30.44	62.28	41.02	- -
Long-Term Debt/Total Assets (%)	21.65	16.75	17.13	0.05	24.44	11.41	29.01	52.15	34.62	- -
Total Debt/Equity (%)	231.5	24.31	23.51	6.58	40.27	131.2	48.96	219.89	87.64	4.48
Total Debt/Capital (%)	69.83	19.55	19.03	6.18	28.71	56.75	32.87	68.74	46.71	4.29
Total Debt/Total Assets (%)	27.54	16.75	17.13	4.61	24.66	22.72	31.32	57.56	39.42	1.25
CFO/Total Liabilities	-27.86	-219.58	-249.71	3.82	-100.85	-64.92	-424.2	-121.15	-35.13	-84.58
CFO/CapEx	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Altman's Z-Score	-3.62	-1.47	7.96	3.39	1.11	-6.44	-8.54	-26.36	-12.77	-52.3

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	- -	- -	- -	162	1,230.59	-87.82	- -	- -	- -	- -
Days Sales Outstanding	- -	- -	- -	2.25	0.3	-4.16	- -	- -	- -	- -
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	- -	- -	157	246	155	22	6	5	82	35
- Cash & Cash Equivalents	20	26	26	48	33	35	9	1	13	4
+ Preferred Equity and Hybrid Capital	43	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	6	5	5	5	25	15	7	7	6	- -
Enterprise Value	29	-21	136	141	98	-2	4	11	76	31
Total Capital	8	25	26	86	86	26	22	10	13	4
Total Debt/Capital (%)	69.83	19.55	19.03	6.18	28.71	56.75	32.87	68.74	46.71	4.29
Total Debt / EV	0.2	-0.23	0.04	0.04	0.25	-6.1	1.65	0.61	0.08	0.01
EV/Sales	27.68	- -	1,149.86	108.56	5.89	- -	0.15	- -	151.63	- -
EV/EBITDA	- -	- -	- -	- -	- -	- -	177.59	- -	- -	- -
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Cash Flow to Firm	- -	- -	- -	66.9	- -	- -	- -	- -	- -	- -
EV/Free Cash Flow to Firm	- -	- -	- -	66.9	- -	- -	- -	- -	- -	- -
Diluted Market Cap	- -	- -	146	246	154	18	5	5	28	34
Diluted Enterprise Value	29	-21	124	203	146	-2	4	10	21	31
EV per Share	109.01	- -	458.83	245.19	167.43	22.06	4.47	6.28	12.58	4.86
TTM Sales	1	10	- -	1	17	- -	29	- -	- -	- -
TTM EBITDA	-16	-10	-21	-26	-24	-61	- -	-12	-4	-10
TTM Operating Income	-16	-10	-22	-27	-25	-63	-2	-13	-5	-10
TTM Cash Flow to Firm	-4	-19	-19	2	-39	-33	-35	-10	-3	-9
TTM Free Cash Flow to Firm	-4	-19	-19	2	-39	-33	-35	-10	-3	-9

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	- -	- -	-7.48	186.91	-3.93	-0.51	-0.15	-0.45	-9.6	-3.99
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Enterprise Value	29	-21	136	141	98	-2	4	11	76	31
Low Price	- -	- -	417.15	243	143.6	28.2	3.15	1.82	1.44	3.1
EV/Sales	27.68	- -	1,149.86	108.56	5.89	- -	0.15	- -	151.63	- -
EV/EBITDA	- -	- -	- -	- -	- -	- -	177.59	- -	- -	- -
Price/Earnings	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings Average	- -	- -	-8.28	-8.83	-7.39	-2.12	-5.98	-0.45	-0.94	-10.13
Price/Earnings High	- -	- -	-11.95	-12.57	-11.67	-3.91	-18.17	-0.84	-7.58	-20.26
Price/Earnings Low	- -	- -	-5.11	-5.3	-3.38	-0.26	-1.13	-0.17	-0.3	-3.95
Price/Book Value	- -	- -	7.49	3.05	2.52	1.96	0.38	1.66	12.17	8.8
Price/Book Value Average	- -	- -	9.54	2.87	2.98	14.83	1.11	2.7	3.99	12.92
Price/Book Value High	- -	- -	13.76	4.09	4.7	27.41	3.38	5.08	32.04	25.83
Price/Book Value Low	- -	- -	5.89	1.73	1.36	1.82	0.21	1.04	1.28	5.03
Price/Tangible Book Value	- -	- -	7.49	3.05	2.52	1.96	0.38	1.66	12.17	-8.12
Price/Tangible Book Value Average	- -	- -	9.54	2.87	2.98	14.83	1.11	2.7	3.99	-11.91
Price/Tangible Book Value High	- -	- -	13.76	4.09	4.7	27.41	3.38	5.08	32.04	-23.82
Price/Tangible Book Value Low	- -	- -	5.89	1.73	1.36	1.82	0.21	1.04	1.28	-4.64
Price/Sales	- -	- -	1,235.67	189.94	9.29	-37.09	0.18	- -	55.86	- -
Price/Sales Average	- -	- -	1,572.12	179.12	10.98	-281.03	0.54	- -	18.31	- -
Price/Sales High	- -	- -	2,268.89	255.02	17.32	-519.23	1.63	- -	147.12	- -
Price/Sales Low	- -	- -	970.74	107.59	5.03	-34.49	0.1	- -	5.88	- -
Price/Cash Flow	- -	- -	-7.48	186.91	-3.93	-0.51	-0.15	-0.45	-9.6	-3.99
Price/Cash Flow Average	- -	- -	-9.52	176.26	-4.64	-3.9	-0.43	-0.73	-3.15	-5.86
Price/Cash Flow High	- -	- -	-13.74	250.95	-7.33	-7.2	-1.32	-1.38	-25.28	-11.71
Price/Cash Flow Low	- -	- -	-5.88	105.87	-2.13	-0.48	-0.08	-0.28	-1.01	-2.28
Price/Free Cash Flow Average	- -	- -	-9.52	176.26	-4.64	-3.9	-0.43	-0.73	-3.15	-5.86
Price/Free Cash Flow High	- -	- -	-13.74	250.95	-7.33	-7.2	-1.32	-1.38	-25.28	-11.71
Price/Free Cash Flow Low	- -	- -	-5.88	105.87	-2.13	-0.48	-0.08	-0.28	-1.01	-2.28
EV/Sales Average	27.68	- -	1,512.19	145.83	10.52	- -	0.53	- -	40.86	- -
EV/Sales High	27.68	- -	2,262.57	221.73	16.9	- -	1.71	- -	420.79	- -
EV/Sales Low	27.68	- -	864.54	74.3	4.54	- -	0.06	- -	4.21	- -
EV/EBITDA Average	-1.79	2.05	-8.31	-7.3	-7.29	-2.41	613.4	-1.19	-4.95	-4.88
EV/EBITDA High	-1.79	2.05	-12.44	-11.1	-11.7	-4.74	1,966.51	-1.81	-51	-10.13
EV/EBITDA Low	-1.79	2.05	-4.75	-3.72	-3.14	-0.01	74.3	-0.76	-0.51	-1.68
EV/EBIT Average	-1.77	2.01	-8.18	-7.1	-6.87	-2.35	-8.38	-1.07	-4.13	-4.66
EV/EBIT High	-1.77	2.01	-12.24	-10.8	-11.04	-4.6	-26.85	-1.62	-42.51	-9.67
EV/EBIT Low	-1.77	2.01	-4.68	-3.62	-2.97	-0.01	-1.01	-0.68	-0.43	-1.6
Last Price	- -	- -	531	429	265.5	30.32	5.75	2.9	13.67	5.42
High Price	- -	- -	975	576	495	424.5	50.78	8.9	36	15.91
Enterprise Value Average	29	-21	178	189	175	147	15	14	20	47
Enterprise Value High	29	-21	267	287	281	288	49	21	210	98
Enterprise Value Low	29	-21	102	96	75	1	2	9	2	16

Shares Outstanding	- -	- -	- -	1	1	1	1	2	6	6
Diluted Weighted Avg Shares	- -	- -	- -	1	1	1	1	2	2	6
Basic Weighted Avg Shares	- -	- -	- -	1	1	1	1	2	2	6
Revenue per Share	3.94	36.95	0.43	2.26	28.58	-0.82	31.2	- -	0.24	- -
EBITDA per Share	-60.76	-38.68	-78.16	-45.13	-41.26	-102.86	0.03	-7.34	-2.02	-1.53
Operating Income per Share	-61.44	-39.57	-79.46	-46.39	-43.75	-105.88	-1.98	-8.2	-2.42	-1.61
Basic EPS, GAAP	-64.41	-41.86	-81.62	-45.84	-42.43	-108.5	-2.79	-10.55	-4.75	-0.79
Basic EPS from Cont Ops	-64.41	-41.86	-81.62	-45.84	-42.43	-108.5	-2.79	-10.55	-4.75	-0.79
Diluted EPS, GAAP	-64.41	-41.86	-81.62	-45.84	-42.43	-108.5	-2.79	-10.55	-4.75	-0.79
Diluted EPS from Cont Ops	-64.41	-41.86	-81.62	-45.84	-42.43	-108.5	-2.79	-10.55	-4.75	-0.79
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Flow per Share	-19.2	-75.23	-70.97	2.3	-67.55	-58.94	-38.6	-6.46	-1.42	-1.36
Free Cash Flow per Basic Share	-19.2	-75.23	-70.97	2.3	-67.55	-58.94	-38.6	-6.46	-1.42	-1.36
Cash & Equivalents per Share	74.6	97.95	88.83	193.08	140.47	53.97	8.64	0.47	2.08	0.59
Book Value per Share	-152.76	75.94	70.85	140.72	105.26	15.49	15.02	1.75	1.12	0.62
Tangible Book Value per Share	-152.76	75.94	70.85	140.72	105.26	15.49	15.02	1.75	1.12	-0.67

Exicure, Inc.

Profitability (USD)

Credit (USD)

Liquidity (USD)

Working Capital (USD)

Enterprise Value (USD)

Multiples (USD)

Per Share Data Items (USD)