CLBIO.ST
Price:
$17.75
Market Cap:
$434.71M
Corline Biomedical AB develops, manufactures, and markets heparin based solutions to enhance kidney transplantation, cell therapies, and regenerative medicine applications. Its products are based on Corline Heparin Conjugate (CHC) technology, a heparin conjugate that is used as stand-alone pharmaceutical compound. The company's products include Renaparin for use in the treatment of end stage renal failure; Cytoparin, a cell therapy that is used for the treatment of patients with type 1 diabetes; CHC, which is used for the treatment of soft tissue injuries; medical devices; and CHS, a coronary stent. The company was founded in 1991 and is based in Uppsala, Sweden.
Industry
Biotechnology
IPO Date
2015-06-03
Stock Exchange
STO
Ticker
CLBIO.ST
According to Corline Biomedical AB’s latest financial reports and current stock price. The company's current Current Ratio is 1.52. This represents a change of -32.71% compared to the average of 2.26 of the last 4 quarters.
The mean historical Current Ratio of Corline Biomedical AB over the last ten years is 3.70. The current 1.52 Current Ratio has changed 4.01% with respect to the historical average. Over the past ten years (40 quarters), CLBIO.ST's Current Ratio was at its highest in in the September 2021 quarter at 11.85. The Current Ratio was at its lowest in in the March 2016 quarter at 0.58.
Average
3.70
Median
3.58
Minimum
1.49
Maximum
5.64
Discovering the peaks and valleys of Corline Biomedical AB 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 = 677.28%
Maximum Annual Current Ratio = 5.64
Minimum Annual Increase = -69.53%
Minimum Annual Current Ratio = 1.49
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 2.68 | -23.50% |
| 2023 | 3.51 | -29.95% |
| 2022 | 5.00 | 5.25% |
| 2021 | 4.75 | 176.72% |
| 2020 | 1.72 | -69.53% |
| 2019 | 5.64 | 54.66% |
| 2018 | 3.65 | 8.74% |
| 2017 | 3.35 | -36.30% |
| 2016 | 5.26 | 254.19% |
| 2015 | 1.49 | 677.28% |
The current Current Ratio of Corline Biomedical AB (CLBIO.ST) 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
3.73
5-year avg
3.53
10-year avg
3.70
Corline Biomedical AB’s Current Ratio is less than Magle Chemoswed Holding AB (publ) (1.96), less than Mendus AB (publ) (2.47), less than Enzymatica AB (publ) (5.25), less than Elicera Therapeutics AB (publ) (3.76), less than Ascelia Pharma AB (publ) (3.60), greater than FluoGuide A/S (1.17), greater than Xintela AB (publ) (0.23), less than Intervacc AB (publ) (11.00), greater than Bactiguard Holding AB (publ) (1.36), less than Bio-Works Technologies AB (publ) (2.26),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.96 | $361.36M | |
| 2.47 | $257.83M | |
| 5.25 | $472.12M | |
| 3.76 | $315.00M | |
| 3.60 | $352.56M | |
| 1.17 | $532.55M | |
| 0.23 | $179.36M | |
| 11.00 | $306.73M | |
| 1.36 | $588.66M | |
| 2.26 | $186.49M |
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