6892.TWO
Price:
$27.1
Market Cap:
$2.29B
Taiwan Bio Therapeutics Co., Ltd., regenerative medicine company, focuses on the development of new cell medicines. It offers medicines for degenerative diseases, cardiovascular diseases, diabetes complications, and autoimmune diseases. The company was founded in 2014 and is based in Taipei City, Taiwan.
Industry
Biotechnology
IPO Date
2022-09-08
Stock Exchange
TWO
Ticker
6892.TWO
According to Taiwan Bio Therapeutics Co., Ltd’s latest financial reports and current stock price. The company's current Current Ratio is 8.15. This represents a change of -5.35% compared to the average of 8.61 of the last 4 quarters.
The mean historical Current Ratio of Taiwan Bio Therapeutics Co., Ltd over the last ten years is 3.86. The current 8.15 Current Ratio has changed 21.00% with respect to the historical average. Over the past ten years (40 quarters), 6892.TWO's Current Ratio was at its highest in in the March 2024 quarter at 12.16. The Current Ratio was at its lowest in in the September 2023 quarter at 0.
Average
3.86
Median
3.65
Minimum
0
Maximum
10.16
Discovering the peaks and valleys of Taiwan Bio Therapeutics Co., Ltd 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 = 10.16
Minimum Annual Increase = 0%
Minimum Annual Current Ratio = 0
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 10.16 | 87.81% |
| 2023 | 5.41 | 0.56% |
| 2022 | 5.38 | 179.44% |
| 2021 | 1.92 | 494.03% |
| 2020 | 0.32 | Infinity% |
The current Current Ratio of Taiwan Bio Therapeutics Co., Ltd (6892.TWO) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
6.98
5-year avg
4.64
10-year avg
3.86
Taiwan Bio Therapeutics Co., Ltd’s Current Ratio is greater than Intech Biopharm Corporation (1.71), less than TaiRx, Inc. (20.60), greater than Steminent Biotherapeutics Inc. (6.33), less than Anti-Microbial Savior BioteQ Co., Ltd (18.78), less than HeXun Biosciences Co., Ltd. (8.26), greater than Gwo Xi Stem Cell Applied Technology Co. , Ltd (3.10), greater than GlycoNex Incorporation (1.67), less than Sinew Pharma Inc. (53.40), greater than Sunny Pharmtech Inc. (1.30), greater than G&E Herbal Biotechnology Co., Ltd. (3.45),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.71 | $2.46B | |
| 20.60 | $2.54B | |
| 6.33 | $2.82B | |
| 18.78 | $2.62B | |
| 8.26 | $2.56B | |
| 3.10 | $2.70B | |
| 1.67 | $2.33B | |
| 53.40 | $2.77B | |
| 1.30 | $2.10B | |
| 3.45 | $3.02B |
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