Belite Bio, Inc

Belite Bio, Incverified

BLTE

Price:

$60.36

Market Cap:

$1.96B

Belite Bio, Inc, a clinical-stage biopharmaceutical drug development company, engages in the research and development of novel therapeutics targeting atrophic age-related macular degeneration and autosomal recessive stargardt diseases. Its lead product candidate is LBS-008, an oral once-a-day treatment that can reduce and maintain the delivery of vitamin A to the eye to reduce the accumulation of toxic vitamin A by-products in ocular tissue that is in phase 3 clinical trial. The company is also developing LBS-009, an anti-retinol binding protein 4 oral therapy targeting liver disease, including non-alcoholic fatty liver disease, nonalcoholic steatohepatitis, and type 2 diabetes, which is in ...[Read more]

Industry

Biotechnology

IPO Date

2022-04-29

Stock Exchange

NASDAQ

Ticker

BLTE

The Current Ratio as of June 2025 (TTM) for Belite Bio, Inc (BLTE) is 24.31

According to Belite Bio, Inc’s latest financial reports and current stock price. The company's current Current Ratio is 24.31. This represents a change of 30.33% compared to the average of 18.65 of the last 4 quarters.

Belite Bio, Inc (BLTE) Historical Current Ratio (quarterly & annually)

How has BLTE Current Ratio performed in the past?

The mean historical Current Ratio of Belite Bio, Inc over the last ten years is 21.30. The current 24.31 Current Ratio has changed 11.32% with respect to the historical average. Over the past ten years (40 quarters), BLTE's Current Ratio was at its highest in in the June 2022 quarter at 35.01K. The Current Ratio was at its lowest in in the March 2022 quarter at 0.

Quarterly (TTM)
Annual

Average

21.30

Median

24.31

Minimum

10.66

Maximum

26.41

Belite Bio, Inc (BLTE) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Belite Bio, 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 = 90.84%

Maximum Annual Current Ratio = 26.41

Minimum Annual Increase = -59.63%

Minimum Annual Current Ratio = 10.66

Quarterly (TTM)
Annual
YearCurrent RatioChange
202424.31-1.80%
202324.7621.68%
202220.3590.84%
202110.66-59.63%

Belite Bio, Inc (BLTE) Average Current Ratio

How has BLTE Current Ratio performed in the past?

The current Current Ratio of Belite Bio, Inc (BLTE) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

23.14

5-year avg

21.30

10-year avg

21.30

Belite Bio, Inc (BLTE) Current Ratio vs. Peers

How is BLTE’s Current Ratio compared to its peers?

Belite Bio, Inc’s Current Ratio is less than Anebulo Pharmaceuticals, Inc. (32.29), less than Mineralys Therapeutics, Inc. (26.48), greater than AN2 Therapeutics, Inc. (8.68), greater than Aerovate Therapeutics, Inc. (5.81), greater than Adagene Inc. (2.30), greater than Larimar Therapeutics, Inc. (7.48), greater than Immuneering Corporation (7.48), greater than Centessa Pharmaceuticals plc (14.37), greater than Celcuity Inc. (6.61), greater than Ikena Oncology, Inc. (13.31), greater than Molecular Partners AG (14.31), greater than PMV Pharmaceuticals, Inc. (16.75), greater than Monte Rosa Therapeutics, Inc. (5.61), greater than Entrada Therapeutics, Inc. (21.88), greater than Vigil Neuroscience, Inc. (2.97), greater than Acrivon Therapeutics, Inc. Common Stock (11.17), greater than AnaptysBio, Inc. (8.25), greater than Galecto, Inc. (9.62), greater than Aadi Bioscience, Inc. (18.95), greater than Aligos Therapeutics, Inc. (7.56),

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