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Cargo Therapeutics (Cargo Therapeutics) FCF Yield % : -14.59 (As of May. 31, 2024)


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What is Cargo Therapeutics FCF Yield %?

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, Cargo Therapeutics's Trailing 12-Month Free Cash Flow is $-107.24 Mil, and Market Cap is $748.14 Mil. Therefore, Cargo Therapeutics's FCF Yield % for today is -14.59%.

The historical rank and industry rank for Cargo Therapeutics's FCF Yield % or its related term are showing as below:

CRGX' s FCF Yield % Range Over the Past 10 Years
Min: -16.08   Med: 0   Max: 0
Current: -14.59


CRGX's FCF Yield % is ranked worse than
51.03% of 1552 companies
in the Biotechnology industry
Industry Median: -14.35 vs CRGX: -14.59

Cargo Therapeutics's FCF Margin % for the quarter that ended in Mar. 2024 was 0.00%.


Cargo Therapeutics FCF Yield % Historical Data

The historical data trend for Cargo Therapeutics's FCF Yield % can be seen below:

* 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.

* Premium members only.

Cargo Therapeutics FCF Yield % Chart

Cargo Therapeutics Annual Data
Trend Dec21 Dec22 Dec23
FCF Yield %
- - -9.45

Cargo Therapeutics Quarterly Data
Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
FCF Yield % Get a 7-Day Free Trial Premium Member Only - - - -13.40 -14.46

Competitive Comparison of Cargo Therapeutics's FCF Yield %

For the Biotechnology subindustry, Cargo Therapeutics's FCF Yield %, along with its competitors' market caps and FCF Yield % 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.


Cargo Therapeutics's FCF Yield % Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Cargo Therapeutics's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Cargo Therapeutics's FCF Yield % falls into.



Cargo Therapeutics FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

Cargo Therapeutics's FCF Yield % for the fiscal year that ended in Dec. 2023 is calculated as

FCF Yield %=Free Cash Flow / Market Cap
=-90.156 / 953.90964
=-9.45%

Cargo Therapeutics's annualized FCF Yield % for the quarter that ended in Mar. 2024 is calculated as

FCF Yield %=Free Cash Flow * Annualized Factor / Market Cap
=-31.765 * 4 / 878.707152
=-14.46%

* 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.


Cargo Therapeutics FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.


Cargo Therapeutics FCF Yield % Related Terms

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Cargo Therapeutics (Cargo Therapeutics) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
1900 Alameda De Las Pulgas, Suite 350, San Mateo, CA, USA, 94403
Cargo Therapeutics Inc is a clinical-stage biotechnology company positioned to advance next generation, potentially curative cell therapies for cancer patients. It programs, platform technologies, and manufacturing strategy are designed to directly address the key limitations of approved cell therapies, including limited durability of effect, suboptimal safety and unreliable supply. Their lead program, CRG-022, is a novel CAR T-cell product candidate designed to address resistance mechanisms by targeting CD22, an alternate tumor antigen that is expressed in a vast majority of B-cell malignancies.

Cargo Therapeutics (Cargo Therapeutics) Headlines