AVBP
Price:
$24.35
Market Cap:
$1.01B
ArriVent BioPharma, Inc. operates as a clinical-stage biopharmaceutical company that engages in the identification, development, and commercialization of medicines for the unmet medical needs of patients with cancers. It also engages in the development and commercialization of targeted cancer therapies for non-small-cell lung cancer (NSCLC) and other solid tumors. The company develops Furmonertinib, an epidermal growth factor receptor mutant-selective tyrosine kinase inhibitor that is in phase 3 clinical trial for the treatment of NSCLC patients; and ARR-002. It has strategic collaborations with Aarvik Therapeutics Inc. The company was incorporated in 2021 and is based in Newtown Square, Pen...[Read more]
Industry
Biotechnology
IPO Date
2024-01-26
Stock Exchange
NASDAQ
Ticker
AVBP
According to ArriVent BioPharma, Inc. Common Stock’s latest financial reports and current stock price. The company's current Current Ratio is 12.74. This represents a change of -14.37% compared to the average of 14.88 of the last 4 quarters.
The mean historical Current Ratio of ArriVent BioPharma, Inc. Common Stock over the last ten years is 18.09. The current 12.74 Current Ratio has changed 6.94% with respect to the historical average. Over the past ten years (40 quarters), AVBP's Current Ratio was at its highest in in the March 2024 quarter at 32.82. The Current Ratio was at its lowest in in the March 2022 quarter at 0.
Average
18.09
Median
17.80
Minimum
13.14
Maximum
23.63
Discovering the peaks and valleys of ArriVent BioPharma, Inc. Common Stock 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 = 0%
Maximum Annual Current Ratio = 23.63
Minimum Annual Increase = -37.00%
Minimum Annual Current Ratio = 13.14
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 13.14 | -4.52% |
| 2023 | 13.76 | -37.00% |
| 2022 | 21.84 | -7.54% |
The current Current Ratio of ArriVent BioPharma, Inc. Common Stock (AVBP) 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
16.25
5-year avg
18.09
10-year avg
18.09
ArriVent BioPharma, Inc. Common Stock’s Current Ratio is greater than MeiraGTx Holdings plc (0.22), greater than Replimune Group, Inc. (6.94), less than Astria Therapeutics, Inc. (14.89), less than MBX Biosciences, Inc. Common Stock (32.95), greater than Ginkgo Bioworks Holdings, Inc. (4.39), greater than Iovance Biotherapeutics, Inc. (3.27), greater than Valneva SE (2.27), greater than Erasca, Inc. (11.04), greater than Arvinas, Inc. (5.70), greater than Day One Biopharmaceuticals, Inc. (8.68),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.22 | $692.22M | |
| 6.94 | $825.97M | |
| 14.89 | $748.95M | |
| 32.95 | $1.03B | |
| 4.39 | $503.29M | |
| 3.27 | $729.72M | |
| 2.27 | $742.49M | |
| 11.04 | $905.04M | |
| 5.70 | $911.69M | |
| 8.68 | $856.31M |
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