DFFN
Price:
$4.4
Market Cap:
$78.09M
Diffusion Pharmaceuticals Inc., a biopharmaceutical company, develops novel therapies that enhance the body's ability to deliver oxygen. Its lead product candidate is Trans Sodium Crocetinate that is developed to enhance the diffusion of oxygen to tissues, as well as to treat COVID-19 disease. Diffusion Pharmaceuticals Inc. was founded in 2001 and is based in Charlottesville, Virginia.
Industry
Biotechnology
IPO Date
2008-05-23
Stock Exchange
NASDAQ
Ticker
DFFN
According to Diffusion Pharmaceuticals Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 20.63. This represents a change of 45.93% compared to the average of 14.14 of the last 4 quarters.
The mean historical Current Ratio of Diffusion Pharmaceuticals Inc. over the last ten years is 6.08. The current 20.63 Current Ratio has changed 33.82% with respect to the historical average. Over the past ten years (40 quarters), DFFN'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 2016 quarter at 0.36.
Average
6.08
Median
5.77
Minimum
0.32
Maximum
12.92
Discovering the peaks and valleys of Diffusion Pharmaceuticals 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 |
|---|---|---|
| 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% |
| 2015 | 1.39 | -86.56% |
The current Current Ratio of Diffusion Pharmaceuticals Inc. (DFFN) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
5.09
5-year avg
7.18
10-year avg
6.08
Diffusion Pharmaceuticals Inc.’s Current Ratio is greater than Channel Therapeutics Corporation (0.11), greater than TNF Pharmaceuticals, Inc. (0.93), greater than COSCIENS Biopharma Inc. (2.98), greater than Apexigen, Inc. (1.29), greater than IMV Inc. (2.93), greater than Biora Therapeutics, Inc. (0.05), greater than Turnstone Biologics Corp. (3.33), greater than Tvardi Therapeutics, Inc. (3.48), greater than Omega Therapeutics, Inc. (1.61), greater than Synaptogenix, Inc. (17.61),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.11 | $8.90M | |
| 0.93 | $9.18M | |
| 2.98 | $6.68M | |
| 1.29 | $9.57M | |
| 2.93 | $117.00 | |
| 0.05 | $994.99K | |
| 3.33 | $8.21M | |
| 3.48 | $41.37M | |
| 1.61 | $7.90M | |
| 17.61 | $10.91M |
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