ACE.ST
Price:
$3
Market Cap:
$352.56M
Ascelia Pharma AB (publ), a biotech company, operates as an oncology-focused orphan drug development company in Sweden. It is developing Mangoral, a novel non-gadolinium contrast agent, which is in Phase 3 for use in MRI-scans of the liver; and Oncoral, a novel oral chemotherapy tablet, which is in Phase 2 for the treatment of gastric cancer. It has a clinical collaboration agreement with Taiho Oncology, Inc. for the development of Oncoral in combination with LONSURF. Ascelia Pharma AB (publ) was founded in 2000 and is headquartered in Malmö, Sweden.
Industry
Biotechnology
IPO Date
2019-03-13
Stock Exchange
STO
Ticker
ACE.ST
According to Ascelia Pharma AB (publ)’s latest financial reports and current stock price. The company's current Current Ratio is 3.60. This represents a change of 77.64% compared to the average of 2.03 of the last 4 quarters.
The mean historical Current Ratio of Ascelia Pharma AB (publ) over the last ten years is 9.62. The current 3.60 Current Ratio has changed 3.64% with respect to the historical average. Over the past ten years (40 quarters), ACE.ST's Current Ratio was at its highest in in the March 2019 quarter at 23.69. The Current Ratio was at its lowest in in the September 2017 quarter at 0.
Average
9.62
Median
10.69
Minimum
1.35
Maximum
20.54
Discovering the peaks and valleys of Ascelia Pharma AB (publ) 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 = 60.24%
Maximum Annual Current Ratio = 20.54
Minimum Annual Increase = -60.80%
Minimum Annual Current Ratio = 1.35
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.35 | -41.33% |
| 2023 | 2.30 | -46.30% |
| 2022 | 4.29 | -60.80% |
| 2021 | 10.94 | 2.30% |
| 2020 | 10.69 | -27.59% |
| 2019 | 14.76 | -28.13% |
| 2019 | 20.54 | 53.66% |
| 2018 | 13.37 | 60.24% |
The current Current Ratio of Ascelia Pharma AB (publ) (ACE.ST) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
2.65
5-year avg
5.91
10-year avg
9.62
Ascelia Pharma AB (publ)’s Current Ratio is greater than Mendus AB (publ) (2.47), less than Intervacc AB (publ) (11.00), greater than Magle Chemoswed Holding AB (publ) (1.96), greater than Xintela AB (publ) (0.23), less than Moberg Pharma AB (publ) (16.14), less than Karolinska Development AB (publ) (7.99), less than Elicera Therapeutics AB (publ) (3.76), less than Isofol Medical AB (publ) (6.80), greater than Lipum AB (publ) (0.62), greater than IRLAB Therapeutics AB (publ) (1.30),
| Company | Current Ratio | Market cap |
|---|---|---|
| 2.47 | $257.83M | |
| 11.00 | $306.73M | |
| 1.96 | $361.36M | |
| 0.23 | $179.36M | |
| 16.14 | $423.24M | |
| 7.99 | $89.54M | |
| 3.76 | $315.00M | |
| 6.80 | $207.74M | |
| 0.62 | $310.76M | |
| 1.30 | $196.87M |
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