6838.TWO
Price:
$28.05
Market Cap:
$4.23B
Formosa Pharmaceuticals, Inc., a late-preclinical and early clinical stage biopharmaceutical company, engages in developing drug candidates for ophthalmology, oncology, and anti-infectives in Taiwan. It is involved in developing APP13007, an aqueous-based ophthalmic nanosuspension that is in Phase III clinical trial for the treatment of post-operative pain and inflammatory eye conditions; TSY-0110, an antibody-drug conjugate; and TSY-0210, an antibiotic for drug resistant infections. The company also develops APP13002, a topical antibiotic for infectious eye diseases, such as blepharitis; and MPT0E028, a novel pan- histone deacetylase inhibitor for solid tumors, such as hepatomas and colorec...[Read more]
Industry
Biotechnology
IPO Date
2021-10-07
Stock Exchange
TWO
Ticker
6838.TWO
According to Formosa Pharmaceuticals, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 9.85. This represents a change of 8.65% compared to the average of 9.07 of the last 4 quarters.
The mean historical Current Ratio of Formosa Pharmaceuticals, Inc. over the last ten years is 5.60. The current 9.85 Current Ratio has changed 17.48% with respect to the historical average. Over the past ten years (40 quarters), 6838.TWO's Current Ratio was at its highest in in the June 2023 quarter at 11.28. The Current Ratio was at its lowest in in the March 2023 quarter at 0.
Average
5.60
Median
5.78
Minimum
0
Maximum
12.15
Discovering the peaks and valleys of Formosa 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 = Infinity%
Maximum Annual Current Ratio = 12.15
Minimum Annual Increase = -46.03%
Minimum Annual Current Ratio = 0
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 8.73 | 74.78% |
| 2023 | 4.99 | -23.86% |
| 2022 | 6.56 | -46.03% |
| 2021 | 12.15 | 922.64% |
| 2020 | 1.19 | Infinity% |
The current Current Ratio of Formosa Pharmaceuticals, Inc. (6838.TWO) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
6.76
5-year avg
6.72
10-year avg
5.60
Formosa Pharmaceuticals, Inc.’s Current Ratio is greater than AnnJi (4.99), less than Senhwa Biosciences, Inc. (38.38), less than Energenesis Biomedical CO.,LTD. (43.35), greater than BRIM Biotechnology, Inc. (5.18), less than UnicoCell Biomed Co., Ltd. (35.10), greater than TWi Biotechnology, Inc. (2.78), greater than Medigen Biotechnology Corp. (4.43), greater than Orient EuroPharma Co., Ltd. (1.39), greater than Synbio Tech Inc. (1.64), less than Shine-On BioMedical Co.,Ltd. (115.08),
| Company | Current Ratio | Market cap |
|---|---|---|
| 4.99 | $4.33B | |
| 38.38 | $3.60B | |
| 43.35 | $3.83B | |
| 5.18 | $3.70B | |
| 35.10 | $4.81B | |
| 2.78 | $2.04B | |
| 4.43 | $4.26B | |
| 1.39 | $3.89B | |
| 1.64 | $3.25B | |
| 115.08 | $3.54B |
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