Where do Kyverna Therapeutics, Inc.'s ratios come from?

Every ratio is computed from Kyverna Therapeutics, Inc.'s SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25
Returns
Return on equity	-74.5%-24.8pp	-64.7%—	-70.8%—	-61.3%—	-49.7%—
Return on assets	-60.4%-15.7pp	-53.9%+13.2pp	-61.2%—	-53.8%—	-44.7%—
Return on invested capital	-94.5%+5.1pp	-116.4%—	-103.7%—	-98.1%—	-99.6%—
Liquidity
Current ratio	8.1×+0.7×	7.8×-0.9×	5.2×-5.3×	5.4×-9.5×	7.4×-9.7×
Quick ratio	8.1×+0.7×	7.8×-0.9×	5.2×-5.3×	5.4×-9.5×	7.4×-9.7×
Cash ratio	1.1×-0.6×	3.4×+0.5×	1×-2.4×	1.3×-4.3×	1.7×-8.5×
Leverage
Debt-to-equity	0×0.0×	0×0.0×	0×0.0×	0×0.0×	0×0.0×
Debt-to-assets	0×0.0×	0×0.0×	0×0.0×	0×0.0×	0×0.0×
Interest coverage	-144.7×+1,161×	-346.6×+658×	-2,350.5×-1,592×	-1,751.3×-1,193×	-1,306.1×-877×
Per Share
Book value per share	$3.24-37.6%	$5.25-24.5%	$3.50-50.1%	$4.27-44.8%	$5.18-65.9%
Valuation
Market capitalization	$498.52M+276%	$560.3M+247%	$259.47M+23.0%	$137.87M-57.4%	$83.32M-85.9%
Enterprise value	$475.49M+475%	$440.81M+497%	$230.33M+97.9%	$90.35M-55.5%	$33.39M-91.2%
Price / book	2.5×+2.0×	2.4×+1.8×	1.7×+1.0×	0.7×-0.2×	0.4×-1.3×
Earnings yield	-31.4%+78.2pp	-28.8%+50.2pp	-62%-9.6pp	-115.1%-86.8pp	-174.5%-162pp

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Questions, answered.

Where do Kyverna Therapeutics, Inc.'s ratios come from?: Every ratio is computed from Kyverna Therapeutics, Inc.'s SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.