2511.HK
Price:
$3
Market Cap:
$1.56B
HighTide Therapeutics, Inc., an investment holding company, engages in the discovery, research and development, and commercialization of multifunctional therapies for the treatment of metabolic and digestive diseases with unmet medical needs. Its lead product candidate is HTD1801, a gut-liver anti-inflammatory metabolic modulator that targets metabolic dysfunction-associated steatohepatitis, type 2 diabetes mellitus, severe hypertriglyceridemia, primary sclerosing cholangitis, and primary biliary cholangitis. The company is also developing HTD4010, a polypeptide drug for the treatment of alcoholic hepatitis; HTD1804 to treat obesity; HTD1805, a multifunctional small molecule drug for the tre...[Read more]
Industry
Biotechnology
IPO Date
2023-12-22
Stock Exchange
HKSE
Ticker
2511.HK
According to HighTide Therapeutics Inc’s latest financial reports and current stock price. The company's current Current Ratio is 3.44. This represents a change of -50.89% compared to the average of 7.00 of the last 4 quarters.
The mean historical Current Ratio of HighTide Therapeutics Inc over the last ten years is 10.56. The current 3.44 Current Ratio has changed 3.15% with respect to the historical average. Over the past ten years (40 quarters), 2511.HK's Current Ratio was at its highest in in the June 2024 quarter at 10.12. The Current Ratio was at its lowest in in the June 2022 quarter at 0.
Average
10.56
Median
7.21
Minimum
0.64
Maximum
27.17
Discovering the peaks and valleys of HighTide Therapeutics Inc Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 1.41%
Maximum Annual Current Ratio = 27.17
Minimum Annual Increase = -97.63%
Minimum Annual Current Ratio = 0.64
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 4.67 | -52.15% |
| 2023 | 9.76 | 1.41% |
| 2022 | 0.64 | -97.63% |
The current Current Ratio of HighTide Therapeutics Inc (2511.HK) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
5.02
5-year avg
10.56
10-year avg
10.56
HighTide Therapeutics Inc’s Current Ratio is greater than SinoMab BioScience Limited (0.87), greater than Cutia Therapeutics (3.16), greater than Mabpharm Limited (1.07), less than Zhaoke Ophthalmology Limited (4.40), less than Shanghai Bio-heart Biological Technology Co., Ltd. (12.65), greater than Immunotech Biopharm Ltd (0.08), greater than JW (Cayman) Therapeutics Co. Ltd (1.59), greater than Frontage Holdings Corporation (1.24), greater than 3D Medicines Inc. (1.59), greater than Clover Biopharmaceuticals, Ltd. (0.26),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.87 | $1.82B | |
| 3.16 | $1.95B | |
| 1.07 | $2.43B | |
| 4.40 | $1.72B | |
| 12.65 | $1.48B | |
| 0.08 | $1.61B | |
| 1.59 | $1.28B | |
| 1.24 | $2.09B | |
| 1.59 | $1.25B | |
| 0.26 | $3.66B |
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