CRVO
Price:
$4.24
Market Cap:
$39.26M
CervoMed Inc., headquartered in Boston, Massachusetts, operates as a clinical-stage biotechnology firm committed to discovering, developing, and ultimately bringing to market pharmaceutical solutions for various neurodegenerative conditions. A central component of their therapeutic pipeline is neflamapimod, an innovative small molecule designed for oral administration and capable of crossing the blood-brain barrier. This compound is currently being advanced as a potential treatment for debilitating ailments such as Lewy body dementia (DLB), Alzheimer's disease, and for aiding recovery following a cerebral stroke.
Industry
Biotechnology
IPO Date
2008-05-23
Stock Exchange
NASDAQ
Ticker
CRVO
According to CervoMed Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 3.36. This represents a change of -62.13% compared to the average of 8.87 of the last 4 quarters.
The mean historical Current Ratio of CervoMed Inc. over the last ten years is 6.43. The current 3.36 Current Ratio has changed 5.13% with respect to the historical average. Over the past ten years (40 quarters), CRVO's Current Ratio was at its highest in in the March 2021 quarter at 22.39. The Current Ratio was at its lowest in in the December 2022 quarter at 0.32.
Average
6.43
Median
6.28
Minimum
0.32
Maximum
12.92
Discovering the peaks and valleys of CervoMed 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 = 1.11%
Maximum Annual Current Ratio = 12.92
Minimum Annual Increase = -97.55%
Minimum Annual Current Ratio = 0.32
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 4.84 | -56.37% |
| 2024 | 11.11 | 189.29% |
| 2023 | 3.84 | 1.11% |
| 2022 | 0.32 | -97.55% |
| 2021 | 12.92 | 67.60% |
| 2020 | 7.71 | -9.42% |
| 2019 | 8.51 | -23.24% |
| 2018 | 11.09 | 208.62% |
| 2017 | 3.59 | 894.24% |
| 2016 | 0.36 | -73.98% |
The current Current Ratio of CervoMed Inc. (CRVO) 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
6.60
5-year avg
6.60
10-year avg
6.43
CervoMed Inc.’s Current Ratio is less than Gain Therapeutics, Inc. (4.69), greater than Adagene Inc. (3.07), less than XBiotech Inc. (39.03), greater than OS Therapies Incorporated (0.05), less than Nutriband Inc. (5.26), less than Adicet Bio, Inc. (7.65), greater than NRx Pharmaceuticals, Inc. (0.29), greater than Fortress Biotech, Inc. (2.86), less than Lite Strategy, Inc. (11.53), less than vTv Therapeutics Inc. (14.36),
| Company | Current Ratio | Market cap |
|---|---|---|
| 4.69 | $80.19M | |
| 3.07 | $148.34M | |
| 39.03 | $70.43M | |
| 0.05 | $85.96M | |
| 5.26 | $35.25M | |
| 7.65 | $75.72M | |
| 0.29 | $68.62M | |
| 2.86 | $99.33M | |
| 11.53 | $28.17M | |
| 14.36 | $91.71M |
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