Acer Therapeutics Net Tangible Assets

Acer Therapeutics posts a net tangible assets of $-48M as of September 2023. That compares with $-12M in the prior-year period — down 291.1% year over year. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.

In the prior comparable period, Acer Therapeutics's net tangible assets was $-12M. The latest reading is $-48M — a 291.1% year-over-year decrease (period ending September 2023). Use the history and growth charts on this page for a longer lookback.

Net Tangible Assets is one piece of Acer Therapeutics's financial statement story. At $-48M, it should be interpreted next to related metrics — for example revenue with costs, assets with liabilities, or income with margins. Stockcircle links those related pages so you can move from this number to the surrounding context quickly.

Context for ACER's net tangible assets usually means three checks: (1) trend versus prior periods, (2) level versus peers, and (3) consistency with growth and profitability. This page covers the first two; Acer Therapeutics's other metric pages and overview cover the third.

Judging Acer Therapeutics against Healthcare peers is usually better than using a market-wide rule of thumb. Business models inside Healthcare are more comparable, which makes gaps in net tangible assets easier to interpret. Start with $-48M here, then scan peer and history charts to see if the gap is persistent.