CERE
Price:
$44.96
Market Cap:
$8.19B
Cerevel Therapeutics Holdings, Inc. is a clinical-stage biopharmaceutical firm dedicated to developing treatments for a range of neuroscience disorders. The company boasts a robust pipeline of therapeutic candidates currently undergoing various phases of clinical evaluation. Key assets include emraclidine, a positive allosteric modulator (PAM) in Phase 1b trials for schizophrenia. Another PAM, Darigabat, is being assessed in a Phase 2 proof-of-concept study for drug-resistant focal onset seizures in epilepsy, as well as in a Phase 1 trial for acute anxiety. For Parkinson's disease, Cerevel is advancing Tavapadon, a selective dopamine D1/D5 partial agonist, through Phase 3 clinical trials for...[Read more]
Industry
Biotechnology
IPO Date
2020-07-30
Stock Exchange
NASDAQ
Ticker
CERE
According to Cerevel Therapeutics Holdings, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 10.92. This represents a change of 5.71% compared to the average of 10.33 of the last 4 quarters.
The mean historical Current Ratio of Cerevel Therapeutics Holdings, Inc. over the last ten years is 8.13. The current 10.92 Current Ratio has changed 13.33% with respect to the historical average. Over the past ten years (40 quarters), CERE's Current Ratio was at its highest in in the September 2021 quarter at 21.92. The Current Ratio was at its lowest in in the March 2019 quarter at 0.
Average
8.13
Median
8.60
Minimum
0
Maximum
13.59
Discovering the peaks and valleys of Cerevel Therapeutics Holdings, 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 = Infinity%
Maximum Annual Current Ratio = 13.59
Minimum Annual Increase = -100.00%
Minimum Annual Current Ratio = 0
| Year | Current Ratio | Change |
|---|---|---|
| 2023 | 10.92 | -12.48% |
| 2022 | 12.48 | -8.15% |
| 2021 | 13.59 | 2.80% |
| 2020 | 13.22 | 125.81% |
| 2019 | 5.85 | Infinity% |
| 2018 | 0 | -100.00% |
| 2015 | 1.87 | -69.89% |
| 2014 | 6.21 | -23.46% |
| 2013 | 8.12 | -10.60% |
The current Current Ratio of Cerevel Therapeutics Holdings, Inc. (CERE) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages
3-year avg
12.33
5-year avg
11.21
10-year avg
8.13
Cerevel Therapeutics Holdings, Inc.’s Current Ratio is less than Roivant Sciences Ltd. (18.37), greater than Blueprint Medicines Corporation (2.80), greater than ImmunoGen, Inc. (2.26), less than Prometheus Biosciences, Inc. (31.04), less than IVERIC bio, Inc. (18.63), greater than Reata Pharmaceuticals, Inc. (6.75), greater than Oak Street Health, Inc. (1.41), greater than SpringWorks Therapeutics, Inc. (4.33), greater than Mirati Therapeutics, Inc. (6.96), greater than Signify Health, Inc. (1.62),
| Company | Current Ratio | Market cap |
|---|---|---|
| 18.37 | $21.87B | |
| 2.80 | $8.36B | |
| 2.26 | $8.73B | |
| 31.04 | $9.56B | |
| 18.63 | $5.51B | |
| 6.75 | $6.57B | |
| 1.41 | $9.52B | |
| 4.33 | $3.54B | |
| 6.96 | $4.12B | |
| 1.62 | $8.93B |
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