What is Annexon's current ratio?

Annexon (ANNX) reported current ratio of 6.4× in Q1 2026.

How has Annexon's current ratio changed year-over-year?

Annexon's current ratio decreased by 20.5% year-over-year, from 8× to 6.4×.

What is the long-term trend for Annexon's current ratio?

Over 5 years (2020 to 2025), Annexon's current ratio has grown at a -29.8% compound annual growth rate (CAGR), from 33.3× to 5.7×.

What does current ratio mean?

Current assets divided by current liabilities at the quarter end. Measures the company's ability to cover near-term obligations with near-term assets.

Annexon ANNX Current ratio

Current ratio at other companies

Regeneron PharmaceuticalsREGN

3.6×-1.4×

Dianthus TherapeuticsDNTH

29.3×+13.3×

OmerosOMER

3×+1.9×

Vor BiopharmaVOR

31.1×+27.3×

Cullinan Therapeutics, Inc.CGEM

10.3×-1.3×

Nektar TherapeuticsNKTR

10.2×+7.0×

Other financials

Income statement

See full

Operating income-$46.1M+19.8%

Net income-$44.1M+18.8%

EPS (diluted)-$0.23+37.8%

Balance sheet

See full

Cash & equivalents$175.2M+80.4%

Total debt$25.4M-10.2%

Total equity$204.5M-16.1%

Total assets$262.9M-13.2%

Cash flow

See full

Operating cash flow-$46.8M+6.5%

CapEx--100%

Free cash flow-$46.8M+6.6%

Valuation

See full

Market cap$868.37M+233%

Enterprise value$718.59M+274%

Returns & leverage

See full

Return on equity-87.6%+42.3pp

Debt / equity0.1×0.0×

Where this comes from

Calculated from Annexon’s reported figures.

total current assets/total current liabilities=6.4×

Based on the most recent quarter.

The official record: Annexon’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Annexon's current ratio?: Annexon (ANNX) reported current ratio of 6.4× in Q1 2026.
How has Annexon's current ratio changed year-over-year?: Annexon's current ratio decreased by 20.5% year-over-year, from 8× to 6.4×.
What is the long-term trend for Annexon's current ratio?: Over 5 years (2020 to 2025), Annexon's current ratio has grown at a -29.8% compound annual growth rate (CAGR), from 33.3× to 5.7×.
What does current ratio mean?: Current assets divided by current liabilities at the quarter end. Measures the company's ability to cover near-term obligations with near-term assets.