Skye Bioscience Inc
NASDAQ:SKYE

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Skye Bioscience Inc
NASDAQ:SKYE
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Price: 4.28 USD 4.39% Market Closed
Market Cap: 129.9m USD
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Skye Bioscience Inc
Cash & Cash Equivalents

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
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Annual
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Skye Bioscience Inc
Cash & Cash Equivalents Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Cash & Cash Equivalents CAGR 3Y CAGR 5Y CAGR 10Y
Skye Bioscience Inc
NASDAQ:SKYE
Cash & Cash Equivalents
$69.6m
CAGR 3-Years
84%
CAGR 5-Years
121%
CAGR 10-Years
52%
Abbvie Inc
NYSE:ABBV
Cash & Cash Equivalents
$7.3B
CAGR 3-Years
-16%
CAGR 5-Years
-7%
CAGR 10-Years
-1%
Gilead Sciences Inc
NASDAQ:GILD
Cash & Cash Equivalents
$5B
CAGR 3-Years
5%
CAGR 5-Years
-12%
CAGR 10-Years
-2%
Amgen Inc
NASDAQ:AMGN
Cash & Cash Equivalents
$9B
CAGR 3-Years
-9%
CAGR 5-Years
-5%
CAGR 10-Years
9%
Vertex Pharmaceuticals Inc
NASDAQ:VRTX
Cash & Cash Equivalents
$6.5B
CAGR 3-Years
1%
CAGR 5-Years
14%
CAGR 10-Years
25%
Regeneron Pharmaceuticals Inc
NASDAQ:REGN
Cash & Cash Equivalents
$2B
CAGR 3-Years
-16%
CAGR 5-Years
8%
CAGR 10-Years
12%
No Stocks Found

Skye Bioscience Inc
Glance View

Market Cap
129.8m USD
Industry
Biotechnology

Skye Bioscience, Inc. is a biopharmaceutical company, which engages in the discovery, development and commercialization of cannabinoid-based therapeutics. The company is headquartered in San Diego, California and currently employs 9 full-time employees. The company went IPO on 2014-02-24. The Company’s products programs include THCVHS and CBDVHS. The firm's lead candidate, THCVHS, is a prodrug of tetrahydrocannabinol (THC), is a topical formulation under development for the treatment of glaucoma and ocular hypertension (OHT). The company chemically modifies THC to create a unique synthetic molecule with the intent to realize the known positive effects of THC. Its molecule enables enhanced local delivery in the eye, reduced systemic side effects, and the potential for neuroprotection for the treatment of ocular diseases. CBDVHS is a proprietary analog of cannabidiol (CBD) that has demonstrated biological activity that is both pharmacologically and therapeutically distinct from CBD in various preclinical models.

SKYE Intrinsic Value
2.29 USD
Overvaluation 46%
Intrinsic Value
Price

See Also

What is Skye Bioscience Inc's Cash & Cash Equivalents?
Cash & Cash Equivalents
69.6m USD

Based on the financial report for Sep 30, 2024, Skye Bioscience Inc's Cash & Cash Equivalents amounts to 69.6m USD.

What is Skye Bioscience Inc's Cash & Cash Equivalents growth rate?
Cash & Cash Equivalents CAGR 10Y
52%

Over the last year, the Cash & Cash Equivalents growth was 1 257%. The average annual Cash & Cash Equivalents growth rates for Skye Bioscience Inc have been 84% over the past three years , 121% over the past five years , and 52% over the past ten years .

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