ABIO
Price:
$28.8
Market Cap:
$1.13B
ARCA biopharma, Inc., a clinical-stage biopharmaceutical company, develops and commercializes genetically targeted therapies for cardiovascular diseases. Its lead product candidates are Recombinant Nematode Anticoagulant Protein c2 (rNAPc2) (AB201), which is in Phase IIb clinical trial for the treatment for COVID-19; and Gencaro (bucindolol hydrochloride), a pharmacogenetically-targeted beta-adrenergic receptor antagonist that has completed Phase IIb trial for the treatment of atrial fibrillation in patients with chronic heart failure. ARCA biopharma, Inc. has a collaboration agreement with LabCorp to develop genetic test for GENETIC-AF clinical trial; and research collaboration with Colorad...[Read more]
Industry
Biotechnology
IPO Date
1997-08-08
Stock Exchange
NASDAQ
Ticker
ABIO
According to ARCA biopharma, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 16.94. This represents a change of -34.40% compared to the average of 25.82 of the last 4 quarters.
The mean historical Current Ratio of ARCA biopharma, Inc. over the last ten years is 21.39. The current 16.94 Current Ratio has changed 7.82% with respect to the historical average. Over the past ten years (40 quarters), ABIO's Current Ratio was at its highest in in the December 2023 quarter at 59.01. The Current Ratio was at its lowest in in the December 2017 quarter at 5.94.
Average
21.39
Median
14.92
Minimum
5.94
Maximum
59.01
Discovering the peaks and valleys of ARCA 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 = 142.45%
Maximum Annual Current Ratio = 59.01
Minimum Annual Increase = -65.41%
Minimum Annual Current Ratio = 5.94
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 28.89 | -51.04% |
| 2023 | 59.01 | 56.45% |
| 2022 | 37.72 | 142.45% |
| 2021 | 15.56 | 8.94% |
| 2020 | 14.28 | 55.94% |
| 2019 | 9.16 | 7.16% |
| 2018 | 8.55 | 43.84% |
| 2017 | 5.94 | -33.62% |
| 2016 | 8.95 | -65.41% |
| 2015 | 25.88 | 131.89% |
The current Current Ratio of ARCA biopharma, Inc. (ABIO) 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
41.88
5-year avg
31.09
10-year avg
21.39
ARCA biopharma, Inc.’s Current Ratio is greater than Grace Therapeutics, Inc. (13.89), less than LianBio (74.19), greater than Satsuma Pharmaceuticals, Inc. (6.75), greater than Lunai Bioworks Inc. (0.04), greater than Opus Genetics, Inc. (1.90), greater than Cerecor Inc. (12.44), greater than Lumos Pharma, Inc. (2.66), greater than Eyenovia, Inc. (2.25), greater than Marinus Pharmaceuticals, Inc. (1.66), greater than Angion Biomedica Corp. (3.29),
| Company | Current Ratio | Market cap |
|---|---|---|
| 13.89 | $46.01M | |
| 74.19 | $10.37M | |
| 6.75 | $36.47M | |
| 0.04 | $32.92M | |
| 1.90 | $147.87M | |
| 12.44 | $38.63M | |
| 2.66 | $37.54M | |
| 2.25 | $38.59M | |
| 1.66 | $30.37M | |
| 3.29 | $30.11M |
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