Ngm Biopharmaceuticals Total Current Liabilities

Ngm Biopharmaceuticals posts a total current liabilities of $20M as of December 2023. That compares with $48M in the prior-year period — down 58.0% 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, Ngm Biopharmaceuticals's total current liabilities was $48M. The latest reading is $20M — a 58.0% year-over-year decrease (period ending December 2023). Use the history and growth charts on this page for a longer lookback.

Total Current Liabilities is one piece of Ngm Biopharmaceuticals's financial statement story. At $20M, 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 NGM's total current liabilities 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; Ngm Biopharmaceuticals's other metric pages and overview cover the third.

Judging Ngm Biopharmaceuticals 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 total current liabilities easier to interpret. Start with $20M here, then scan peer and history charts to see if the gap is persistent.