ADAG
Price:
$3.94
Market Cap:
$148.34M
Adagene Inc. functions as a clinical-stage biopharmaceutical organization, primarily concentrating on the identification, evolution, and fabrication of monoclonal antibody-based therapeutics engineered to combat various types of cancer. The company's developmental pipeline encompasses several investigational assets currently undergoing human trials. Among these is ADG106, a human ligand-blocking agonistic anti-CD137 monoclonal antibody, which is navigating Phase 1b/2 clinical assessment for individuals with advanced solid tumors and non-Hodgkin's lymphoma. Additionally, Adagene is progressing ADG126, a fully-human anti-CTLA-4 mAb, and ADG116, another human ligand-blocking anti-CTLA-4 mAb, bo...[Read more]
Industry
Biotechnology
IPO Date
2021-02-09
Stock Exchange
NASDAQ
Ticker
ADAG
According to Adagene Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 3.07. This represents a change of 20.96% compared to the average of 2.54 of the last 4 quarters.
The mean historical Current Ratio of Adagene Inc. over the last ten years is 5.29. The current 3.07 Current Ratio has changed 5.71% with respect to the historical average. Over the past ten years (40 quarters), ADAG's Current Ratio was at its highest in in the December 2019 quarter at 14.47. The Current Ratio was at its lowest in in the March 2019 quarter at 0.
Average
5.29
Median
4.25
Minimum
2.30
Maximum
14.47
Discovering the peaks and valleys of Adagene 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 = 188.95%
Maximum Annual Current Ratio = 14.47
Minimum Annual Increase = -66.15%
Minimum Annual Current Ratio = 2.30
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 3.07 | 33.72% |
| 2024 | 2.30 | -36.26% |
| 2023 | 3.61 | 33.04% |
| 2022 | 2.71 | -56.53% |
| 2021 | 6.24 | 27.28% |
| 2020 | 4.90 | -66.15% |
| 2019 | 14.47 | 188.95% |
The current Current Ratio of Adagene Inc. (ADAG) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
2.99
5-year avg
3.59
10-year avg
5.29
Adagene Inc.’s Current Ratio is less than XBiotech Inc. (39.03), less than CervoMed Inc. (3.36), less than Gain Therapeutics, Inc. (4.69), less than Nutriband Inc. (5.26), less than Adicet Bio, Inc. (7.65), greater than Fortress Biotech, Inc. (2.86), less than Lite Strategy, Inc. (11.53), less than TScan Therapeutics, Inc. (6.65), greater than OS Therapies Incorporated (0.05), greater than NRx Pharmaceuticals, Inc. (0.29),
| Company | Current Ratio | Market cap |
|---|---|---|
| 39.03 | $70.43M | |
| 3.36 | $39.26M | |
| 4.69 | $80.19M | |
| 5.26 | $35.25M | |
| 7.65 | $75.72M | |
| 2.86 | $99.33M | |
| 11.53 | $28.17M | |
| 6.65 | $56.19M | |
| 0.05 | $85.96M | |
| 0.29 | $68.62M |
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