Assay

Financial-condition grades for SEC filers

Company Report · as of Oct 9, 2026


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Nurix Therapeutics, Inc.NRIX · healthcare
GradeTortoiseCmiddle fifth of 371 graded peers; percentile 50.0, sampling error 2.5 points; lower is stronger
Rank186 of 371
ProfitabilityDpercentile 75.6
SolvencyBpercentile 30.4
Growth and financingB/Cpercentile 38.6
Reliability0.91 AUCfailure model, filers with $591M to $2.67B assets; 95% interval 0.88 to 0.94; 160 events, 2020 to 2025
Peer failure rate1.01% a yearItem 1.03 bankruptcies, same asset band, 2012 to 2025
Size band$591M to $2.67B assetstotal assets $688.1M[1]
Standard universeinsiderevenue above $1M and assets above $10M[1-2]
Warningsdilution, short runwaynot computable: fortress balance sheet
Inputs computable7 of 14
Graded fromfilings received through Jan 28, 2026254 days before the rescan; every figure keyed to the SEC receipt date
Last close$22.202026-10-08; market equity $2.3B; iex feed
Price used in gradeNone
Share price, twelve months to the rescansplit-adjusted close; a lollipop at every rescan carries the letter held then; baseline ticks are SEC receipt dates of the inputs; ranges and dragging scroll the full history
$10$20NovDecJanFebMarAprMayJunJulAugSepOctC$22.21
ABCDE20132014201520162017201820192020202120222023202420252026

Percentile at every rescan on file, Jan 21, 2012 to Oct 9, 2026; stronger toward the top. Hover for the date.

Open this report as it stood on

Letter setLetterPercentileBand
Jan 21, 2012nonen/a
Feb 21, 2021nonen/aQ3
Feb 21, 2025nonen/aQ4
Aug 21, 2026C52.1Q4

Each date opens the report as it stood on that rescan.

Business, in the company's words. Opening of Item 1 of the 10-K received Jan 28, 2026; the document on sec.gov.

When used in this report, unless otherwise indicated, “Nurix,” “Company,” “we,” “us” and “our” refers to Nurix Therapeutics, Inc. and its wholly owned subsidiaries. We are a clinical stage biopharmaceutical company focused on the discovery, development and commercialization of targeted protein degradation medicines, the next frontier in innovative drug design aimed at improving treatment options for patients with cancer and inflammatory diseases.

Warnings [top]

Dilution. split-adjusted year-over-year share growth is 35.5%[3-4]
Short runway. cash runway is 2.8 months[5]

7 checks ran; none of them enters the letter. The checks are listed on the warnings screen.

The Fourteen Inputs [top]

Lower percentile is stronger. Source numbers open the SEC filing; a range that spans filings opens the sources table.

InputPercentile, 0 to 100ValueSourcePeer medianPercentilePeersPeriod end
Profitability, sleeve percentile 75.6
Gross profitabilitynot computable32.2%
one or more required annual facts are missing
Return on invested capitalnot computable9.3%
one or more required annual facts are missing
Accruals ratio(2.2%)[1,6-8](6.6%)75.68112025-11-30
Gross margin stability, five yearsnot computable2.8 pts
five annual gross margins are required; found 0
Solvency, sleeve percentile 30.4
Twelve-month failure probability0.05%0.07%34.02482026-05-31
Altman Z double-prime1.20[1,9-14](0.31)31.77562025-11-30
Net debt to EBITDAnot computable1.82x
one or more required annual facts are missing
Interest coveragenot computable(4.51x)
one or more required annual facts are missing
Current ratio7.02x[9-10]2.96x25.48392025-11-30
Growth and financing, sleeve percentile 38.6
Revenue growth, three-year compound29.5%[2,15-17]10.0%22.54152025-11-30
Free cash flow growth, three-year compoundnot computable10.9%
current FCF must be positive and base FCF must exceed $100,000
Reinvestment ratenot computable37.1%
one or more required annual facts are missing
Asset growth, three years18.2%[1,8,18-19]2.1%22.87042025-11-30
Net share issuance, one year35.5%[3-4]2.5%70.56342026-01-23

Gross profitability. Revenue less cost of goods sold, over total assets.

Accruals ratio. Net income less operating cash flow, over average assets; lower is stronger.

Gross margin stability, five years. Standard deviation of gross margin; lower is stronger.

Twelve-month failure probability. CHS model; lower is stronger.

Net debt to EBITDA. Lower is stronger.

Net share issuance, one year. Split-adjusted; lower is stronger.

Sleeves are equal-weighted; within a sleeve each computable input carries equal weight. Composite -0.044; sampling error 2.5 percentile points on 371 peers.

Among 371 Peers [top]

ABCDEJNJ, Johnson & Johnson; C, percentile 44.9; market equity $618.1BJNJLLY, ELI Lilly & Co.; C, percentile 55.7; market equity $1.1TLLYABBV, AbbVie Inc.; D, percentile 63.2; market equity $481.4BABBVGILD, Gilead Sciences, Inc.; D/E, percentile 78.9; market equity $182.4BGILDMRK, Merck & Co., Inc.; D/E, percentile 80.8; market equity $351.3BMRKAMGN, Amgen Inc.; E, percentile 85.1; market equity $220.3BAMGNNRIX 50.0strongerweaker

Composite score of every graded peer, smoothed. Vertical rules are the letter band edges at the 20th, 40th, 60th and 80th percentiles. Small dots are the six largest peers by market equity.

RankCompanyPercentileLetterWarnings
181Macrogenics Inc. (MGNX)

Macrogenics Inc. (MGNX)

Cmiddle fifth; percentile 48.6

Nasdaq · Pharmaceutical Preparations

market equity $226.1M; last close $3.54

No active warnings; 8 of 14 inputs

48.6C
182Savara Inc. (SVRA)

Savara Inc. (SVRA)

Cmiddle fifth; percentile 48.9

Nasdaq · Pharmaceutical Preparations

market equity $992.4M; last close $4.84

Warnings: short runway, fortress balance sheet; 7 of 14 inputs

48.9Cshort runway, fortress balance sheet
183Biodesix Inc. (BDSX)

Biodesix Inc. (BDSX)

Cmiddle fifth; percentile 49.2

Nasdaq · Services-Medical Laboratories

market equity $270.4M; last close $25.36

Warnings: dilution; 7 of 14 inputs

49.2Cdilution
184Evolus, Inc. (EOLS)

Evolus, Inc. (EOLS)

Cmiddle fifth; percentile 49.5

Nasdaq · Pharmaceutical Preparations

market equity $515.2M; last close $7.80

No active warnings; 8 of 14 inputs

49.5C
185Neogen Corp. (NEOG)

Neogen Corp. (NEOG)

Cmiddle fifth; percentile 49.7

Nasdaq · In Vitro & In Vivo Diagnostic Substances

market equity $2.6B; last close $11.71

Warnings: late filer; 9 of 14 inputs

49.7Clate filer
186Nurix Therapeutics, Inc. (NRIX)

Nurix Therapeutics, Inc. (NRIX)

Cmiddle fifth; percentile 50.0

Nasdaq · Pharmaceutical Preparations

market equity $2.3B; last close $22.20

Warnings: dilution, short runway; 7 of 14 inputs

50.0Cdilution, short runway
187Pacira BioSciences, Inc. (PCRX)

Pacira BioSciences, Inc. (PCRX)

Cmiddle fifth; percentile 50.3

Nasdaq · Pharmaceutical Preparations

market equity $1.5B; last close $36.41

No active warnings; 11 of 14 inputs

50.3C
188Neuroone Medical Technologies Corp. (NMTC)

Neuroone Medical Technologies Corp. (NMTC)

Cmiddle fifth; percentile 50.5

Nasdaq · Surgical & Medical Instruments & Apparatus

market equity $9.8M; last close $1.11

Warnings: short runway, fortress balance sheet; 7 of 14 inputs

50.5Cshort runway, fortress balance sheet
189RadNet, Inc. (RDNT)

RadNet, Inc. (RDNT)

Cmiddle fifth; percentile 50.8

Nasdaq · Services-Medical Laboratories

market equity $5.4B; last close $68.25

No active warnings; 8 of 14 inputs

50.8C
190Schrodinger, Inc. (SDGR)

Schrodinger, Inc. (SDGR)

Cmiddle fifth; percentile 51.1

Nasdaq · Pharmaceutical Preparations

market equity $1.7B; last close $26.40

No active warnings; 8 of 14 inputs

51.1C
191Zai Lab Ltd. (ZLAB)

Zai Lab Ltd. (ZLAB)

Cmiddle fifth; percentile 51.4

Nasdaq · Pharmaceutical Preparations

market equity $27.8B; last close $24.84

No active warnings; 8 of 14 inputs

51.4C
Peer policyLetterPercentilePeers
all graded filers, equal sleevesC51.92204
sector peers, equal sleeves (the grade)C50.0371
same exchange, equal sleevesC50.61219
sector peers, equal inputsB28.4371

Each letter is one fifth of the 371 graded peers, about 74 companies. A boundary letter (A/B, B/C, C/D, D/E) marks a percentile within one sampling error of a band edge.

What the Price Implies [top]

Market measures at the 2026-10-08 close. None enters the grade. Percentile among graded peers with the same measure.

MeasureValuePeer medianPercentileReading
Twelve-month price change, skipping the latest month179.0%8.0%95hotter than 95 of 100 peers
Distance from 52-week high(20.1%)(31.4%)65closer to its high than 65 of 100 peers
EBIT to enterprise valuenot computable(1.5%)required accounting or market input is missing
Free cash flow yield(11.4%)(1.0%)30pricier than 70 of 100 peers
Book value to price0.170.2837pricier than 63 of 100 peers
Sales to price0.040.3113pricier than 87 of 100 peers
Composite equity issuance, five years98.1%20.3%77more equity-funded than 77 of 100 peers
Relative strength against the sector, log excess return0.81(0.14)95ahead of 95 of 100 peers

Inputs: market equity $2.3B; EBIT -$285.7M; free cash flow -$263.5M; book equity $402.6M; sales $84.0M; cash $67.7M[20].

Diagnostics [top]

Diagnostics do not feed the grade.

Piotroski F-score: None of 9, period end 2025-11-30
Return on assets above zero(39.5%)✗ fail[6,8]
Operating cash flow above zero-$249.5M✗ fail[7]
Return on assets improved14.9 pts✓ pass[6,8,18,21]
Operating cash flow exceeds net income$15.0M✓ pass[6-7]
Long-term leverage felln/a[1,8,18]
Current ratio improved55.6 pts✓ pass[9-10,22-23]
No new shares issued35.5%✗ fail[3-4]
Gross margin improvedn/a
Asset turnover improved(2.8 pts)✗ fail[2,8,15,18]
Cash, filings, liquidity
Cash and equivalents$67.7M[5]
Operating cash flow, four quarters-$293.7M[5,7,24-27]
Months of runway2.8
Late filings, two years0
NT 10-K or NT 10-Q
Days since last periodic filing92
10-Q received Jul 9, 2026
Median daily dollar volume$31.0M
63 sessions
Days since newest grade input254

Downloads [top]

Sources [top]

Every citation on this page. Filing opens the SEC index page for that submission; viewer opens the SEC interactive data for the same filing; series opens the SEC XBRL API record for that tag and company.

#ConceptXBRL tagValuePeriod endReceivedFormLinks
1assetsus-gaap:Assets$688.1M2025-11-302026-01-2810-Kfiling · viewer · series
2revenueus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax$84.0M2025-11-302026-01-2810-Kfiling · viewer · series
3shares outstandingdei:EntityCommonStockSharesOutstanding102,843,0122026-01-232026-01-2810-Kfiling · viewer · series
4shares outstandingdei:EntityCommonStockSharesOutstanding75,886,8172025-01-242025-01-2810-Kfiling · viewer · series
5cashus-gaap:CashAndCashEquivalentsAtCarryingValue$67.7M2026-05-312026-07-0910-Qfiling · viewer · series
6net incomeus-gaap:NetIncomeLoss-$264.5M2025-11-302026-01-2810-Kfiling · viewer · series
7operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities-$249.5M2025-11-302026-01-2810-Kfiling · viewer · series
8assetsus-gaap:Assets$669.3M2024-11-302026-01-2810-Kfiling · viewer · series
9current assetsus-gaap:AssetsCurrent$606.8M2025-11-302026-01-2810-Kfiling · viewer · series
10current liabilitiesus-gaap:LiabilitiesCurrent$86.5M2025-11-302026-01-2810-Kfiling · viewer · series
11retained earningsus-gaap:RetainedEarningsAccumulatedDeficit-$1.0B2025-11-302026-01-2810-Kfiling · viewer · series
12operating incomeus-gaap:OperatingIncomeLoss-$285.7M2025-11-302026-01-2810-Kfiling · viewer · series
13book equityus-gaap:StockholdersEquity$538.7M2025-11-302026-01-2810-Kfiling · viewer · series
14liabilitiesus-gaap:Liabilities$149.4M2025-11-302026-01-2810-Kfiling · viewer · series
15revenueus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax$54.5M2024-11-302026-01-2810-Kfiling · viewer · series
16revenueus-gaap:Revenues$77.0M2023-11-302024-02-1510-Kfiling · viewer · series
17revenueus-gaap:Revenues$38.6M2022-11-302024-02-1510-Kfiling · viewer · series
18assetsus-gaap:Assets$355.6M2023-11-302025-01-2810-Kfiling · viewer · series
19assetsus-gaap:Assets$416.8M2022-11-302024-02-1510-Kfiling · viewer · series
20shares outstandingdei:EntityCommonStockSharesOutstanding103,781,6832026-06-302026-07-0910-Qfiling · viewer · series
21net incomeus-gaap:NetIncomeLoss-$193.6M2024-11-302026-01-2810-Kfiling · viewer · series
22current assetsus-gaap:AssetsCurrent$619.4M2024-11-302026-01-2810-Kfiling · viewer · series
23current liabilitiesus-gaap:LiabilitiesCurrent$95.9M2024-11-302026-01-2810-Kfiling · viewer · series
24operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities-$168.5M2026-05-312026-07-0910-Qfiling · viewer · series
25operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities-$71.9M2026-02-282026-04-0810-Qfiling · viewer · series
26operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities-$181.6M2025-08-312025-10-0910-Qfiling · viewer · series
27operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities-$124.2M2025-05-312026-07-0910-Qfiling · viewer · series

Limitations [top]

Grade boundary. Percentile 50.0 is 10.0 points from the nearest band edge; sampling error is 2.5 points.

Peer group. Sector assignment from four-digit SIC codes, hand-tuned and published. The grade under three alternative peer policies is tabled above.

Size. Within a sector the letter tracks size. Among graded filers in the smallest asset band, 72% grade E and 0% grade A; in the largest, 13% grade E and 21% grade A. Universe as of Oct 9, 2026.

Failure model. filings 2012-01-01 to 2019-12-31 fit, filings 2020-01-01 to 2025-12-31 test; status post hoc pending confirmation. pre-registered on 2026 filings once their 12-month outcome windows close; supported if the paired per-quintile gain over the pooled model has a lower bound above 0.05.

Input validity. Revenue or total assets at or below $100,000 sets the degenerate-inputs flag. An input whose denominator is at or below $100,000 is left not computable rather than ranked.

Returns. No input on this page has a post-2015 confidence interval on returns that excludes zero. The grade ranks reported financial condition and is not a return forecast.