Current Assets

Total Current Assets

Polaryx Therapeutics, Inc. Total Current Assets decreased by 32.3% to $3.50M in Q1 2026 compared to the prior quarter. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryLiquidity
SignalHigher is better
VolatilityModerate
First reportedQ3 2015
Last reportedQ4 2025

How to read this metric

A higher value relative to current liabilities indicates a strong safety margin for meeting short-term obligations.

Detailed definition

The sum of all assets that are reasonably expected to be converted into cash or consumed within one year. This aggregate...

Peer comparison

High-growth tech companies often maintain high current asset levels to support rapid scaling and R&D needs.

Metric ID: total_current_assets

Historical Data

2 periods
 Q4 '25Q1 '26
Value$5.17M$3.50M
QoQ Change-32.3%
Range$3.50M$5.17M

Frequently Asked Questions

What is Polaryx Therapeutics, Inc. 's total current assets?
Polaryx Therapeutics, Inc. (PLYX) reported total current assets of $3.50M in Q1 2026.
What does total current assets mean?
Everything the company owns that can be turned into cash within a single year.