Nuvalent, Inc. (NUVL) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 1.31B | 1.39B | 956.95M | 1.02B | 1.09B | 1.13B | 1.18B | 666.26M | 699.49M | 726.49M | 419.77M | 436.99M | 456.29M | 477.99M | 245.25M | 258.82M | 274.47M | 290.63M | 305.14M | 139.28M |
| Cash & Short-Term Investments | 1.29B | 1.37B | 943.1M | 1.01B | 1.07B | 1.12B | 1.17B | 657.99M | 691.84M | 719.9M | 413.26M | 431.24M | 450.46M | 472.16M | 240.06M | 256.96M | 272.73M | 288.11M | 302.43M | 138.92M |
| Cash Only | 159.73M | 261.75M | 115.75M | 127.47M | 120.83M | 145.69M | 369.24M | 77.7M | 98.52M | 335.39M | 88.43M | 70.87M | 90.11M | 241.81M | 76.31M | 75.92M | 67.27M | 68.53M | 245.89M | 138.92M |
| Short-Term Investments | 1.13B | 1.11B | 827.35M | 878.13M | 952.39M | 972.61M | 799.07M | 580.29M | 593.32M | 384.52M | 324.82M | 360.37M | 360.35M | 230.36M | 163.75M | 181.05M | 205.46M | 219.59M | 56.54M | 0 |
| Accounts Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Sales Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 20.46M | 0 | 13.84M | 14.01M | 13.33M | 14.15M | 11.37M | 8.26M | 7.66M | 6.58M | 6.51M | 5.75M | 5.83M | 5.83M | 5.18M | 1.86M | 1.74M | 2.52M | 2.71M | 362K |
| Total Non-Current Assets | 23.21M | 20.28M | 22.96M | 20.93M | 19.25M | 9.3M | 9.18M | 8.97M | 8.97M | 5.9M | 5.31M | 4.96M | 4.7M | 4.47M | 4.31M | 4.2M | 2.57M | 3.2M | 2.83M | 4.22M |
| Property, Plant & Equipment | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Fixed Asset Turnover | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 23.21M | 20.28M | 22.96M | 20.93M | 19.25M | 9.3M | 9.18M | 8.97M | 8.97M | 5.9M | 5.31M | 4.96M | 4.7M | 4.47M | 4.31M | 4.2M | 2.57M | 3.2M | 2.83M | 4.22M |
| Total Assets | 1.33B | 1.41B | 979.91M | 1.04B | 1.11B | 1.14B | 1.19B | 675.23M | 708.47M | 732.38M | 425.08M | 441.95M | 460.99M | 482.46M | 249.56M | 263.02M | 277.04M | 293.82M | 307.97M | 143.5M |
| Asset Turnover | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Asset Growth % | 20.38% | 23.73% | -17.58% | 54.1% | 56.08% | 55.9% | 179.68% | 52.78% | 53.68% | 51.8% | 70.33% | 68.03% | 66.4% | 64.2% | -18.97% | 83.29% | 1717.13% | 2659.95% | - | - |
| Total Current Liabilities | 81.05M | 91.17M | 89.15M | 75.15M | 75.03M | 54.02M | 51.13M | 38.19M | 33.43M | 31.82M | 29.1M | 20.8M | 17.02M | 19.48M | 12.97M | 10.04M | 8.12M | 8.79M | 6.84M | 5.83M |
| Accounts Payable | 22.14M | 30.16M | 22.01M | 13.34M | 26.16M | 5.22M | 15.93M | 7.4M | 13.4M | 9.27M | 9.78M | 8.12M | 6.43M | 7.2M | 4.62M | 4.03M | 4.25M | 2.89M | 2.53M | 3.8M |
| Days Payables Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 58.91M | 0 | 67.14M | 7.79M | 5.02M | 10.45M | 35.2M | 25.88M | 17.09M | 15.22M | 13.04M | 9.56M | 8.46M | 7.43M | 5.34M | 3.97M | 2.65M | 3.16M | 2.63M | 1.3M |
| Current Ratio | 16.14x | 15.27x | 10.73x | 13.57x | 14.48x | 20.96x | 23.07x | 17.44x | 20.93x | 22.83x | 14.42x | 21.01x | 26.81x | 24.54x | 18.90x | 25.79x | 33.79x | 33.07x | 44.60x | 23.89x |
| Quick Ratio | 16.14x | 15.27x | 10.73x | 13.57x | 14.48x | 20.96x | 23.07x | 17.44x | 20.93x | 22.83x | 14.42x | 21.01x | 26.81x | 24.54x | 18.90x | 25.79x | 33.79x | 33.07x | 44.60x | 23.89x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 75.73M | 73.19M | 45.36M | 25.65M | 19.71M | 17.94M | 16.6M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 185.41M |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 75.73M | 73.19M | 45.36M | 25.65M | 19.71M | 17.94M | 16.6M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 185.41M |
| Total Liabilities | 156.78M | 164.37M | 134.51M | 100.8M | 94.75M | 71.96M | 67.73M | 38.19M | 33.43M | 31.82M | 29.1M | 20.8M | 17.02M | 19.48M | 12.97M | 10.04M | 8.12M | 8.79M | 6.84M | 191.24M |
| Total Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Debt | -159.73M | -261.75M | -115.75M | -127.47M | -120.83M | -145.69M | -369.24M | -77.7M | -98.52M | -335.39M | -88.43M | -70.87M | -90.11M | -241.81M | -76.31M | -75.92M | -67.27M | -68.53M | -245.89M | -138.92M |
| Debt / Equity | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Coverage | -9.28x | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Equity | 1.17B | 1.25B | 845.4M | 939.74M | 1.01B | 1.07B | 1.12B | 637.04M | 675.04M | 700.56M | 395.98M | 421.15M | 443.97M | 462.98M | 236.58M | 252.99M | 268.92M | 285.04M | 301.13M | -47.74M |
| Equity Growth % | 16.15% | 16.69% | -24.59% | 47.52% | 49.78% | 52.7% | 183.13% | 51.26% | 52.05% | 51.32% | 67.37% | 66.47% | 65.1% | 62.43% | -21.44% | 629.92% | 2115.85% | 1009.99% | - | - |
| Book Value per Share | 14.93 | 16.62 | 11.72 | 13.08 | 14.12 | 15.03 | 17.07 | 9.86 | 10.52 | 11.27 | 6.94 | 7.41 | 7.83 | 8.64 | 4.89 | 5.24 | 5.57 | 5.91 | 9.39 | -1.04 |
| Total Shareholders' Equity | 1.17B | 1.25B | 845.4M | 939.74M | 1.01B | 1.07B | 1.12B | 637.04M | 675.04M | 700.56M | 395.98M | 421.15M | 443.97M | 462.98M | 236.58M | 252.99M | 268.92M | 285.04M | 301.13M | -47.74M |
| Common Stock | 8K | 8K | 8K | 8K | 8K | 8K | 8K | 7K | 7K | 7K | 6K | 6K | 6K | 6K | 5K | 5K | 5K | 5K | 5K | 0 |
| Retained Earnings | -1.08B | -972.43M | -853.72M | -731.29M | -631.63M | -547.05M | -472.29M | -387.94M | -330.78M | -286.3M | -248M | -214.36M | -185.27M | -160.08M | -133.95M | -114.24M | -95.77M | -78.22M | -60.93M | -48.51M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -1.35M | 2.35M | 2.37M | 1.36M | 854K | -59K | 1.37M | -1.57M | -1.32M | 31K | -1.31M | -1.54M | -302K | -494K | -866K | -1.13M | -1.02M | -228K | -23K | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |