6541.TW
Price:
$38.9
Market Cap:
$10.31B
Tanvex BioPharma, Inc., originally known as Ruenvex Biotech, Inc., is a biopharmaceutical company founded in 2013 and based in George Town, Cayman Islands. The firm specializes in the investigation, creation, production, and sale of biosimilar medicines, with its operations spanning Taiwan and the United States. Its core mission involves developing biosimilars aimed at treating severe conditions like neutropenia, breast cancer, metastatic colorectal cancer, and psoriasis. The company's robust product portfolio includes TX01 and TX-05, both of which have successfully completed Phase III clinical trials. Additionally, TX-04 and TX-16 are currently undergoing Phase I clinical trials, while TX-5...[Read more]
Industry
Biotechnology
IPO Date
2015-08-13
Stock Exchange
TAI
Ticker
6541.TW
According to Tanvex BioPharma, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.33. This represents a change of -36.11% compared to the average of 2.09 of the last 4 quarters.
The mean historical Current Ratio of Tanvex BioPharma, Inc. over the last ten years is 8.42. The current 1.33 Current Ratio has changed 1.48% with respect to the historical average. Over the past ten years (40 quarters), 6541.TW's Current Ratio was at its highest in in the September 2016 quarter at 37.01. The Current Ratio was at its lowest in in the March 2024 quarter at 0.74.
Average
8.42
Median
8.02
Minimum
1.66
Maximum
19.28
Discovering the peaks and valleys of Tanvex BioPharma, 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 = 66.20%
Maximum Annual Current Ratio = 19.28
Minimum Annual Increase = -64.39%
Minimum Annual Current Ratio = 1.66
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 1.87 | -3.52% |
| 2024 | 1.94 | 16.83% |
| 2023 | 1.66 | -51.73% |
| 2022 | 3.44 | -64.39% |
| 2021 | 9.67 | 50.78% |
| 2020 | 6.41 | -33.45% |
| 2019 | 9.63 | -45.42% |
| 2018 | 17.65 | -8.49% |
| 2017 | 19.28 | 52.24% |
| 2016 | 12.67 | 66.20% |
The current Current Ratio of Tanvex BioPharma, Inc. (6541.TW) 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
1.82
5-year avg
3.72
10-year avg
8.42
Tanvex BioPharma, Inc.’s Current Ratio is less than Ever Supreme Bio Technology Co., Ltd (1.76), less than Foresee Pharmaceuticals Co., Ltd. (13.61), less than Medigen Vaccine Biologics Corp. (15.32), less than Excelsior Medical Co., Ltd. (1.70), less than AP Biosciences Inc (29.94), less than YungShin Global Holding Corporation (2.50), less than PharmaEngine, Inc. (29.16), less than Acepodia, Inc. (20.29), less than EirGenix Inc. (0), less than ScinoPharm Taiwan, Ltd. (6.55),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.76 | $15.26B | |
| 13.61 | $12.52B | |
| 15.32 | $16.63B | |
| 1.70 | $13.41B | |
| 29.94 | $10.04B | |
| 2.50 | $14.38B | |
| 29.16 | $9.04B | |
| 20.29 | $6.70B | |
| 0 | $13.69B | |
| 6.55 | $14.91B |
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