One-glance verdict
Fair value unavailable
Not enough cash-flow history to value this one with our method.
Fundamentals snapshot
SRZN · NCM · Healthcare · Biotechnology
Current price
$32.68
52-week range
$11.73 - $37.83
Market cap
$571.74M
One-glance verdict
Not enough cash-flow history to value this one with our method.
Balance sheet
Net cash $94.52M. Interest coverage shows how many times profit covers the interest bill.
What stands out
What this company does
Surrozen is a company working on new medicines to help repair damaged tissues. They are developing treatments, mostly antibody-based drugs, that aim to fix problems in eyes, guts, livers, lungs, and other parts of the body. Their main money comes from developing these potential new medicines and forming partnerships with larger companies to help bring them to patients.
1. "How the company got here" Surrozen, Inc. was founded in 2015 by leading scientists who made significant discoveries about the Wnt signaling pathway, a natural process in the body that helps repair and regenerate tissues. The company's core idea is to develop medicines that can harness this pathway to treat diseases. Early on, they focused on creating a special technology to engineer antibodies (proteins that help the immune system) that could precisely control the Wnt pathway, overcoming challenges with using Wnt proteins directly as drugs. This foundational work led to the company's transition from a research-focused entity to a clinical-stage biotechnology company, aiming to bring its discoveries into human trials. 2. "What it actually does" Surrozen is a biotechnology company that develops drug candidates designed to help the body repair itself. They focus on a biological process called the Wnt pathway, which is like a set of instructions that tells cells how to grow and repair tissues. Surrozen creates special antibody-based medicines that can carefully "turn on" or "turn off" this pathway in specific parts of the body to encourage healing. Their goal is to create new treatments for diseases where the body's natural repair mechanisms aren't working well enough. 3. "Ophthalmology" Surrozen's main focus is on developing treatments for eye diseases, particularly those that threaten vision. They are creating drug candidates, like SZN-8141 and SZN-8143, which are designed to help repair damaged tissues in the eye. These therapies work by modulating the Wnt pathway and also targeting other factors involved in eye diseases, such as vascular endothelial growth factor (VEGF), which can cause abnormal blood vessel growth in the eye. The company is advancing these candidates through clinical trials, aiming to address significant unmet needs in conditions like diabetic macular edema (DME) and age-related macular degeneration (AMD). 4. "What management is betting on now" Surrozen's leadership is currently focused on advancing its pipeline of drug candidates for eye diseases through clinical development. A key priority is the progression of SZN-8141, with plans for an Investigational New Drug (IND) application and the initiation of a Phase 1b/2a clinical study in the near future. The company is also leveraging its scientific expertise and partnerships to explore new therapeutic opportunities and strengthen its position in the ophthalmology field. Management is betting on the Wnt pathway's potential to create innovative, durable therapies that can significantly improve patient outcomes for sight-threatening conditions.
Price history
Earnings history
Click any quarter to read the call summary and what the numbers say.
Is it cheap or expensive?
We couldn't calculate a fair value right now.
Is it drowning in debt?
Net cash $94.5M - more cash than debt. Interest coverage -13.9x.
Surrozen, Inc.'s profit covers its interest bill about 0.0 times over. which is weaker than most peers shown here and 3 peers sit below 1x, which is the danger zone where profit does not fully cover the interest bill.
Total debt $5.84M Interest coverage -13.94x This is the baseline the peer rows are being compared against.
Total debt $2.30M Interest coverage -12.88x Neither company has much profit cushion over interest right now.
Total debt $91.05M Interest coverage -35.51x Neither company has much profit cushion over interest right now.
Total debt $252.22M Interest coverage -3.58x Neither company has much profit cushion over interest right now.
Total debt $0.00 Interest coverage 63.51x This peer still has a real interest-payment cushion, while SRZN does not.
What you should know
The numbers
Tap any ? icon to learn what it means.
Valuation
Profitability
Health
Growth
Cash flow
Dividend
Metric explainer
Debt comparison
What you should know