Phathom Pharmaceuticals Current Ratio Growth & History (PHAT)
Phathom Pharmaceuticals's current ratio was 1.73 for fiscal 2025.
View full Phathom Pharmaceuticals company overviewPhathom Pharmaceuticals annual current ratio history
| Fiscal year | Period ended | Current ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 1.73 | −2.47 | −58.72% |
| 2024 | 2024-12-31 | 4.20 | −6.05 | −59.01% |
| 2023 | 2023-12-31 | 10.25 | 4.13 | +67.51% |
| 2022 | 2022-12-31 | 6.12 | −3.74 | −37.94% |
| 2021 | 2021-12-31 | 9.86 | 4.61 | +87.86% |
| 2020 | 2020-12-31 | 5.25 | −62.95 | −92.31% |
| 2019 | 2019-12-31 | 68.20 | 67.78 | +16442.60% |
| 2018 | 2018-12-31 | 0.41 | — | — |
Phathom Pharmaceuticals quarterly current ratio
| Fiscal quarter | Period ended | Current ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 1.92 | −0.46 | −19.27% |
| Q1 2026 | 2026-03-31 | 2.21 | −1.37 | −38.19% |
| Q4 2025 | 2025-12-31 | 1.73 | −2.47 | −58.72% |
| Q3 2025 | 2025-09-30 | 2.23 | −3.49 | −61.03% |
| Q2 2025 | 2025-06-30 | 2.38 | −4.10 | −63.24% |
| Q1 2025 | 2025-03-31 | 3.58 | −4.25 | −54.31% |
| Q4 2024 | 2024-12-31 | 4.20 | −6.05 | −59.01% |
| Q3 2024 | 2024-09-30 | 5.73 | −3.73 | −39.44% |
| Q2 2024 | 2024-06-30 | 6.48 | −5.48 | −45.80% |
| Q1 2024 | 2024-03-31 | 7.83 | −1.85 | −19.12% |
| Q4 2023 | 2023-12-31 | 10.25 | 4.13 | +67.51% |
| Q3 2023 | 2023-09-30 | 9.46 | 0.81 | +9.36% |
| Q2 2023 | 2023-06-30 | 11.96 | 2.03 | +20.47% |
| Q1 2023 | 2023-03-31 | 9.68 | −3.11 | −24.30% |
| Q4 2022 | 2022-12-31 | 6.12 | −3.74 | −37.94% |
| Q3 2022 | 2022-09-30 | 8.65 | 0.54 | +6.72% |
| Q2 2022 | 2022-06-30 | 9.93 | 4.59 | +86.10% |
| Q1 2022 | 2022-03-31 | 12.79 | 6.85 | +115.17% |
| Q4 2021 | 2021-12-31 | 9.86 | 4.61 | +87.86% |
| Q3 2021 | 2021-09-30 | 8.10 | −0.11 | −1.32% |
| Q2 2021 | 2021-06-30 | 5.34 | −13.42 | −71.56% |
| Q1 2021 | 2021-03-31 | 5.94 | −51.27 | −89.61% |
| Q4 2020 | 2020-12-31 | 5.25 | −62.95 | −92.31% |
| Q3 2020 | 2020-09-30 | 8.21 | 7.84 | +2093.66% |
| Q2 2020 | 2020-06-30 | 18.76 | — | — |
| Q1 2020 | 2020-03-31 | 57.22 | — | — |
| Q4 2019 | 2019-12-31 | 68.20 | 67.78 | +16442.60% |
| Q3 2019 | 2019-09-30 | 0.37 | — | — |
| Q4 2018 | 2018-12-31 | 0.41 | — | — |
Phathom Pharmaceuticals current ratio trends
Over the last five fiscal years, Phathom Pharmaceuticals's current ratio decreased from 5.25 to 1.73, a change of −3.51. The latest reported quarter, Q2 2026, shows 1.92.
What the current ratio means
The current ratio compares short-term assets with obligations due within roughly one year. A higher ratio generally indicates more short-term balance-sheet coverage, but normal levels vary by industry and business model.
How the current ratio is calculated
TickerStat calculates the current ratio as SEC-reported current assets divided by SEC-reported current liabilities for the same balance-sheet date. Periods without a positive current-liability value are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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