6785.TWO
Price:
$288
Market Cap:
$19.24B
Alar Pharmaceuticals Inc., a drug development company, focuses on developing long-acting release drug products for CNS disorders and chronic diseases in Taiwan. It is developing ALA-1000, which is in Phase II clinical trials for the treatment of opioid use disorder; ALA-1300 and ALA-2000, which is in pre-clinical stage for opioid use disorder; ALA-4000 which is in pre-clinical stage for treatment of Parkinson's disease; and ALA-3000, which is in pre-clinical stage for treating treatment-resistant depression. Alar Pharmaceuticals Inc. was founded in 2016 and is based in Taichung, Taiwan.
Industry
Drug Manufacturers - Specialty & Generic
IPO Date
2020-10-05
Stock Exchange
TWO
Ticker
6785.TWO
According to Alar Pharmaceuticals Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 26.49. This represents a change of -28.30% compared to the average of 36.95 of the last 4 quarters.
The mean historical Current Ratio of Alar Pharmaceuticals Inc. over the last ten years is 162.17. The current 26.49 Current Ratio has changed 1.53% with respect to the historical average. Over the past ten years (40 quarters), 6785.TWO's Current Ratio was at its highest in in the September 2024 quarter at 45.14. The Current Ratio was at its lowest in in the March 2019 quarter at 0.
Average
162.17
Median
68.49
Minimum
0
Maximum
886.34
Discovering the peaks and valleys of Alar Pharmaceuticals 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 = 0%
Maximum Annual Current Ratio = 886.34
Minimum Annual Increase = 0%
Minimum Annual Current Ratio = 0
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 44.33 | 267.08% |
| 2023 | 12.08 | -86.97% |
| 2022 | 92.66 | -21.92% |
| 2021 | 118.67 | -17.19% |
| 2020 | 143.31 | -83.83% |
| 2019 | 886.34 | Infinity% |
| 2018 | 0 | 0% |
The current Current Ratio of Alar Pharmaceuticals Inc. (6785.TWO) 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
49.69
5-year avg
82.21
10-year avg
162.17
Alar Pharmaceuticals Inc.’s Current Ratio is greater than Grape King Bio Ltd (1.80), less than Handa Pharmaceuticals, Inc. (32.44), greater than Synmosa Biopharma Corporation (2.45), greater than TTY Biopharm Company Limited (1.77), greater than YungShin Global Holding Corporation (3.66), greater than Foresee Pharmaceuticals Co., Ltd. (3.67), greater than ScinoPharm Taiwan, Ltd. (7.85), greater than TaiMed Biologics Inc. (18.84), greater than EirGenix Inc. (7.56), greater than Great Tree Pharmacy Co., Ltd. (1.59),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.80 | $18.89B | |
| 32.44 | $15.56B | |
| 2.45 | $16.12B | |
| 1.77 | $20.89B | |
| 3.66 | $15.29B | |
| 3.67 | $12.36B | |
| 7.85 | $13.76B | |
| 18.84 | $17.16B | |
| 7.56 | $19.22B | |
| 1.59 | $14.54B |
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