What does operating lease ROU assets mean?

Right-of-use assets representing the lessee's right to use leased property over the lease term under ASC 842 operating lease classification.

Avalo Therapeutics AVTX Operating Lease ROU Assets

Operating Lease ROU Assets at other companies

XencorXNCR

$36.82M-2.2%

AnaptysBio, Inc.ANAB

$12.04M-13.5%

Absci CorporationABSI

$2.63M-29.2%

ImmunomeIMNM

$2.83M-32.1%

ImmunityBio, Inc.IBRX

11.1%+0.1pp

Kymera TherapeuticsKYMR

$41.74M-10.7%

Other financials

Income statement

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Revenue$59.0K-69.3%

Gross profit$963.0K+8,855%

Operating income-$20.9M-42.5%

Net income-$19.6M-49.3%

EPS (diluted)-$0.98+21.6%

Balance sheet

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Cash & equivalents$25.3M-79.8%

Total debt$328.0K-59.1%

Total equity$68.3M-44.3%

Total assets$99.9M-27.9%

Cash flow

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Operating cash flow-$17.7M-87.1%

CapEx-—

Free cash flow-$15.0M-444%

Valuation

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Market cap$954.59M+1,800%

Enterprise value$929.6M-1,353%

P/S1,909.2×+1,868×

Profitability

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Gross margin182%+176pp

Operating margin-15,536.1%-17,275pp

Net margin-7,965.8%-10,750pp

FCF margin-11,123.8%-13,374pp

Returns & leverage

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Return on equity-88.8%—

Debt / equity0×0.0×

Current ratio7.7×-14.9×

Where this comes from

Reported directly by Avalo Therapeutics in its filing.

Tagged under the XBRL concept us-gaap:OperatingLeaseRightOfUseAsset.

The official record: Avalo Therapeutics’s 10-Q, filed November 9, 2020, on SEC EDGAR. View the filing →

Questions, answered.

What does operating lease ROU assets mean?: Right-of-use assets representing the lessee's right to use leased property over the lease term under ASC 842 operating lease classification.