CING
Price:
$4.88
Market Cap:
$27.36M
Cingulate Inc. is a biopharmaceutical enterprise currently in its clinical development phase, dedicated to devising therapeutic options for attention-deficit/hyperactivity disorder (ADHD). Leading its pipeline for ADHD are two drug candidates: CTx-1301 (dexmethylphenidate), which is currently progressing through Phase 3 clinical trials, and CTx-1302 (dextroamphetamine). The company is also engaged in the advancement of CTx-2103, a candidate intended for the management of anxiety disorders. Founded in 2012, Cingulate Inc. maintains its corporate headquarters in Kansas City, Kansas.
Industry
Biotechnology
IPO Date
2021-12-08
Stock Exchange
NASDAQ
Ticker
CING
According to Cingulate Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 2.55. This represents a change of 56.88% compared to the average of 1.62 of the last 4 quarters.
The mean historical Current Ratio of Cingulate Inc. over the last ten years is 3.11. The current 2.55 Current Ratio has changed 8.08% with respect to the historical average. Over the past ten years (40 quarters), CING's Current Ratio was at its highest in in the December 2021 quarter at 16.05. The Current Ratio was at its lowest in in the March 2020 quarter at 0.
Average
3.11
Median
1.12
Minimum
0.06
Maximum
16.05
Discovering the peaks and valleys of Cingulate 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 = 4.40%
Maximum Annual Current Ratio = 16.05
Minimum Annual Increase = -94.96%
Minimum Annual Current Ratio = 0.06
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 1.16 | -54.27% |
| 2024 | 2.55 | 4.40% |
| 2023 | 0.06 | -94.96% |
| 2022 | 1.12 | -93.01% |
| 2021 | 16.05 | 2.91% |
| 2020 | 0.53 | 60.63% |
The current Current Ratio of Cingulate Inc. (CING) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
1.26
5-year avg
4.19
10-year avg
3.11
Cingulate Inc.’s Current Ratio is greater than Allarity Therapeutics, Inc. (1.23), less than Lexaria Bioscience Corp. (26.88), less than Lixte Biotechnology Holdings, Inc. (2.78), less than Kairos Pharma, Ltd. (10.31), less than Synlogic, Inc. (7.08), greater than CASI Pharmaceuticals, Inc. (0.30), less than Clearside Biomedical, Inc. (2.98), greater than Entero Therapeutics, Inc. (0.16), less than NuCana plc (5.48), less than BriaCell Therapeutics Corp. (7.07),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.23 | $22.75M | |
| 26.88 | $12.56M | |
| 2.78 | $71.84M | |
| 10.31 | $9.42M | |
| 7.08 | $8.66M | |
| 0.30 | $2.33M | |
| 2.98 | $2.15M | |
| 0.16 | $13.58M | |
| 5.48 | $11.84M | |
| 7.07 | $5.22M |
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