ALA.AX
Price:
$0.075
Market Cap:
$90.06M
Arovella Therapeutics Limited, a biotechnology company, focuses on the development of therapies for the treatment of cancer and conditions that affect the central nervous system in Australia and internationally. Its product pipeline includes ZolpiMist, an oral spray of zolpidem tartrate to treat short-term insomnia, which is marketed under the brand name of Ambien or Stilnox; invariant natural killer T (iNKT), a cell therapy platform to treat blood cancer; OroMist, an oro-mucosal technology that delivers a range of drug classes through the cheeks, gums, tongue, or floor of the mouth; and Anagrelide to treat cancer. The company also develops oral sprays to treat migraine headaches, motion sic...[Read more]
Industry
Biotechnology
IPO Date
2002-01-22
Stock Exchange
ASX
Ticker
ALA.AX
According to Arovella Therapeutics Limited’s latest financial reports and current stock price. The company's current Current Ratio is 14.18. This represents a change of 65.69% compared to the average of 8.56 of the last 4 quarters.
The mean historical Current Ratio of Arovella Therapeutics Limited over the last ten years is 4.31. The current 14.18 Current Ratio has changed 32.83% with respect to the historical average. Over the past ten years (40 quarters), ALA.AX's Current Ratio was at its highest in in the June 2025 quarter at 14.18. The Current Ratio was at its lowest in in the June 2018 quarter at 0.28.
Average
4.31
Median
3.77
Minimum
0.28
Maximum
14.18
Discovering the peaks and valleys of Arovella Therapeutics Limited 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 = 1.39%
Maximum Annual Current Ratio = 14.18
Minimum Annual Increase = -91.76%
Minimum Annual Current Ratio = 0.28
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 14.18 | 120.03% |
| 2024 | 6.45 | 107.70% |
| 2023 | 3.10 | -28.93% |
| 2022 | 4.37 | 0.79% |
| 2021 | 4.33 | 330.64% |
| 2020 | 1.01 | -75.75% |
| 2019 | 4.15 | 1.39% |
| 2018 | 0.28 | -91.76% |
| 2017 | 3.39 | 86.22% |
| 2016 | 1.82 | -31.46% |
The current Current Ratio of Arovella Therapeutics Limited (ALA.AX) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
7.91
5-year avg
6.49
10-year avg
4.31
Arovella Therapeutics Limited’s Current Ratio is less than Island Pharmaceuticals Limited (22.27), greater than Alterity Therapeutics Limited (12.98), greater than Imugene Limited (1.88), greater than Actinogen Medical Limited (3.76), greater than Recce Pharmaceuticals Ltd (1.86), greater than EZZ Life Science Holdings Limited (5.77), greater than Biome Australia Limited (1.59), greater than Amplia Therapeutics Limited (7.91), greater than Alcidion Group Limited (1.14), greater than PainChek Limited (0.65),
| Company | Current Ratio | Market cap |
|---|---|---|
| 22.27 | $115.03M | |
| 12.98 | $91.48M | |
| 1.88 | $95.25M | |
| 3.76 | $181.39M | |
| 1.86 | $166.28M | |
| 5.77 | $73.59M | |
| 1.59 | $86.60M | |
| 7.91 | $66.70M | |
| 1.14 | $141.01M | |
| 0.65 | $65.77M |
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