CDTX
Price:
$221.38
Market Cap:
$5.61B
Cidara Therapeutics, Inc. is a biotechnology company specializing in the creation, advancement, and commercialization of extended-duration anti-infective drugs. Their mission targets the prevention and treatment of infectious diseases and certain cancers within the U.S. Their primary therapeutic candidate, rezafungin acetate, is an innovative echinocandin antifungal designed to combat and avert severe fungal infections such as candidemia and invasive candidiasis, conditions known for their high fatality rates. Additionally, Cidara utilizes its Cloudbreak platform to engineer conjugated therapies aimed at preventing and treating influenza as well as various other viral illnesses, including re...[Read more]
Industry
Biotechnology
IPO Date
2015-04-15
Stock Exchange
NASDAQ
Ticker
CDTX
According to Cidara Therapeutics, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 4.62. This represents a change of -36.70% compared to the average of 7.30 of the last 4 quarters.
The mean historical Current Ratio of Cidara Therapeutics, Inc. over the last ten years is 5.23. The current 4.62 Current Ratio has changed 8.74% with respect to the historical average. Over the past ten years (40 quarters), CDTX's Current Ratio was at its highest in in the March 2016 quarter at 24.04. The Current Ratio was at its lowest in in the March 2024 quarter at 0.72.
Average
5.23
Median
3.03
Minimum
0.90
Maximum
18.11
Discovering the peaks and valleys of Cidara Therapeutics, 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 = 371.13%
Maximum Annual Current Ratio = 18.11
Minimum Annual Increase = -48.32%
Minimum Annual Current Ratio = 0.90
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 4.25 | 371.13% |
| 2023 | 0.90 | -17.13% |
| 2022 | 1.09 | -48.32% |
| 2021 | 2.11 | 42.12% |
| 2020 | 1.48 | -31.95% |
| 2019 | 2.18 | -43.79% |
| 2018 | 3.88 | -39.67% |
| 2017 | 6.43 | -45.67% |
| 2016 | 11.83 | -34.69% |
| 2015 | 18.11 | 152.91% |
The current Current Ratio of Cidara Therapeutics, Inc. (CDTX) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages
3-year avg
2.08
5-year avg
1.97
10-year avg
5.23
Cidara Therapeutics, Inc.’s Current Ratio is less than Mineralys Therapeutics, Inc. (44.33), greater than Adaptive Biotechnologies Corporation (3.35), less than Scholar Rock Holding Corporation (8.64), less than IDEAYA Biosciences, Inc. (10.74), greater than Zai Lab Limited (2.40), less than Beam Therapeutics Inc. (16.99), less than Catalyst Pharmaceuticals, Inc. (7.10), greater than Legend Biotech Corporation (2.13), less than Disc Medicine, Inc. (24.00), less than Agios Pharmaceuticals, Inc. (14.19),
| Company | Current Ratio | Market cap |
|---|---|---|
| 44.33 | $1.63B | |
| 3.35 | $2.81B | |
| 8.64 | $5.67B | |
| 10.74 | $2.95B | |
| 2.40 | $2.04B | |
| 16.99 | $3.51B | |
| 7.10 | $3.84B | |
| 2.13 | $5.17B | |
| 24.00 | $2.70B | |
| 14.19 | $2.03B |
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