Cingulate Inc. (CING) Key Metrics
CING valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $63.4M
- Enterprise value
- $50.0M
- P/E (TTM)
- —
- Forward P/E
- —
- PEG ratio
- —
- Price / sales
- —
- Price / book
- 3.2
- EV / EBITDA
- —
- Dividend yield
- —
- Beta
- −0.88
CING key metrics, 2019–2025
Fiscal year ended December 31, 2025 · U.S. dollarsCING valuation Price multiples at each fiscal year-end price.
CING returns How much profit the business earns on the capital it uses.
CING per-share figures Results divided by the shares outstanding at year-end.
CING financial health Debt, liquidity and how easily interest is covered.
CING efficiency & capital use Working capital cycle and where the cash goes.
CING valuation history
CING returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
CING debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
CING price vs earnings per share
CING key metrics
2019–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
| Valuation | |||||||
| Market capitalization | $23.6M | $18.8M | — | — | — | — | — |
| Enterprise value | $21.4M | $11.7M | — | — | — | — | — |
| Price / book | 9.4 | 2.5 | — | — | — | — | — |
| Earnings yield | −95.2% | −88.1% | — | — | — | — | — |
| Free cash flow yield | −73.8% | −99.3% | — | — | — | — | — |
| Share price at fiscal year-end | $4.34 | $4.93 | $91.80 | $240.00 | $662.40 | — | — |
| Per share | |||||||
| Revenue per share | $0.00 | $0.00 | — | — | — | — | — |
| Earnings per share | −$4.13 | −$4.34 | — | — | — | — | — |
| Operating cash flow per share | −$3.18 | −$4.84 | — | — | — | — | — |
| Free cash flow per share | −$3.21 | −$4.90 | — | — | — | — | — |
| Cash per share | $2.02 | $3.20 | — | — | — | — | — |
| Book value per share | $0.46 | $1.96 | — | — | — | — | — |
| Tangible book value per share | $0.46 | $1.96 | — | — | — | — | — |
| Capex per share | $0.03 | $0.06 | — | — | — | — | — |
| Debt per share | $1.62 | $1.34 | — | — | — | — | — |
| Shares outstanding | 5.4M | 3.8M | — | — | — | — | — |
| Change in shares outstanding | +42.5% | — | — | — | — | — | — |
| Returns & profitability | |||||||
| Return on equity (ROE) | −450.6% | — | — | −144.4% | −187.1% | −752.9% | — |
| Return on invested capital (ROIC) | — | — | — | −278.8% | −426.2% | −253.9% | −405.7% |
| Return on assets (ROA) | −150.0% | −180.4% | −316.0% | −104.1% | −144.5% | −129.8% | −218.6% |
| Return on tangible assets | −148.9% | −111.4% | −674.1% | −156.5% | −90.5% | −124.1% | −218.6% |
| Financial health | |||||||
| Total debt | $8.8M | $5.1M | $3.5M | $5.9M | $1.2M | $2.0M | $2.1M |
| Cash & short-term investments | $11.0M | $12.2M | $52,416 | $5.4M | $16.5M | $1.2M | $437,193 |
| Net debt | −$2.2M | −$7.1M | $3.5M | $509,767 | −$15.3M | $848,060 | $1.7M |
| Debt / equity | 3.50 | 0.68 | — | 1.51 | 0.06 | 1.58 | 3.39 |
| Debt / assets | 0.58 | 0.34 | 1.01 | 0.51 | 0.05 | 0.35 | 0.40 |
| Current ratio | 1.16 | 2.55 | 0.06 | 1.12 | 16.05 | 0.53 | 0.33 |
| Quick ratio | 1.16 | 2.56 | 0.06 | 1.11 | 16.63 | 0.53 | 0.33 |
| Interest coverage | -21.6 | -158.0 | -29.3 | -100.6 | -619.0 | -129.7 | — |
| Working capital | $1.7M | $7.7M | −$9.6M | $856,852 | $17.7M | −$1.6M | −$2.0M |
| Invested capital | $342,079 | $343,263 | −$3.4M | $4.4M | $5.5M | $2.1M | $2.3M |
| Tangible asset value | $2.5M | $7.5M | −$6.9M | $3.9M | $20.8M | $1.3M | $615,880 |
| Net current asset value | −$556,098 | $5.3M | −$9.8M | $346,617 | $16.8M | −$2.7M | −$3.7M |
| Graham net-net per share | −$0.30 | $1.26 | — | — | — | — | — |
| Capital allocation | |||||||
| Capex / depreciation | 0.30 | 0.32 | 0.38 | 0.39 | 1.15 | 0.60 | 5.68 |
| Efficiency | |||||||
| Days of inventory on hand | — | -19.4 | 26.8 | -172.8 | -311.2 | — | — |
| Days payables outstanding | 1,115.4 | 1,807.8 | 1,866.4 | 301.3 | 279.9 | 622.0 | 3,867.8 |
| Receivables turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Payables turnover | 0.33 | 0.20 | 0.20 | 1.21 | 1.30 | 0.59 | 0.09 |
| Asset turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Average receivables | $17,169 | $20,474 | $124,527 | $462,340 | $421,010 | $132,506 | $113,240 |
| Average payables | $1.7M | $3.2M | $3.0M | $513,522 | $619,900 | $1.4M | $1.9M |
| Average inventory | — | −$34,744 | $42,858 | −$294,488 | −$689,315 | — | — |
| Intangibles / total assets | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Computed from CING's annual financial statements (latest annual report filed March 18, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
CING valuation and financial ratios
Cingulate earned a return on equity of −450.6% in fiscal 2025. It ended the year with $8.8 million of debt and $11.0 million in cash and short-term investments, a net cash position of $2.2 million.
See the CING income statement, the CING chart for price history, or the CING stock overview for the latest quote and news.
CING key metrics FAQ
What is Cingulate's return on equity?
Cingulate's return on equity (ROE) was −450.6% in fiscal 2025: net income of -$22.4 million on average shareholders' equity of $5.0 million.
How much debt does Cingulate have?
Cingulate had total debt of $8.8 million at the end of fiscal 2025, a debt-to-equity ratio of 3.50 and more cash than debt.
What is Cingulate's free cash flow yield?
Cingulate generated -$17.4 million of free cash flow in fiscal 2025, a free cash flow yield of −73.8% on its market value at year-end ($23.6 million).
What is Cingulate's current ratio?
Cingulate's current ratio was 1.16 at the end of fiscal 2025: current assets were 1.16 times current liabilities.