Edesa Biotech, Inc.

Edesa Biotech, Inc.verified

EDSA

Price:

$1.69

Market Cap:

$11.89M

Edesa Biotech, Inc., a biopharmaceutical company, engages in acquiring, developing, and commercializing clinical-stage drugs for inflammatory and immune-related diseases with clear unmet medical needs. Its lead product candidates are EB05, a monoclonal antibody, which is in Phase 3 clinical study for the treatment of acute respiratory distress syndrome in covid-19 patients; and EB01, a topical treatment that is in Phase 2B clinical study for chronic allergic contact dermatitis. It has a license agreement with NovImmune SA to develop monoclonal antibodies targeting TLR4 and CXCL10. Edesa Biotech, Inc. was founded in 2015 and is headquartered in Markham, Canada.

Industry

Biotechnology

IPO Date

2010-06-21

Stock Exchange

NASDAQ

Ticker

EDSA

The Current Ratio as of December 2025 (TTM) for Edesa Biotech, Inc. (EDSA) is 18.97

According to Edesa Biotech, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 18.97. This represents a change of 106.74% compared to the average of 9.18 of the last 4 quarters.

Edesa Biotech, Inc. (EDSA) Historical Current Ratio (quarterly & annually)

How has EDSA Current Ratio performed in the past?

The mean historical Current Ratio of Edesa Biotech, Inc. over the last ten years is 10.07. The current 18.97 Current Ratio has changed 18.74% with respect to the historical average. Over the past ten years (40 quarters), EDSA's Current Ratio was at its highest in in the June 2018 quarter at 28.06. The Current Ratio was at its lowest in in the September 2024 quarter at 0.91.

Quarterly (TTM)
Annual

Average

10.07

Median

6.79

Minimum

0.91

Maximum

21.60

Edesa Biotech, Inc. (EDSA) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Edesa Biotech, 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 = 368.13%

Maximum Annual Current Ratio = 21.60

Minimum Annual Increase = -74.12%

Minimum Annual Current Ratio = 0.91

Quarterly (TTM)
Annual
YearCurrent RatioChange
20240.91-74.12%
20233.53-16.81%
20224.25-48.76%
20218.2956.48%
20205.30-56.68%
201912.23-43.38%
201821.602.56%
201721.068.54%
201619.40368.13%
20154.14-58.15%

Edesa Biotech, Inc. (EDSA) Average Current Ratio

How has EDSA Current Ratio performed in the past?

The current Current Ratio of Edesa Biotech, Inc. (EDSA) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

2.90

5-year avg

4.46

10-year avg

10.07

Edesa Biotech, Inc. (EDSA) Current Ratio vs. Peers

How is EDSA’s Current Ratio compared to its peers?

Edesa Biotech, Inc.’s Current Ratio is greater than BioRestorative Therapies, Inc. (2.07), greater than Dogwood Therapeutics, Inc. (4.49), greater than Cocrystal Pharma, Inc. (5.78), greater than OSR Holdings, Inc. (0.21), greater than Traws Pharma, Inc. (1.22), greater than Immuron Limited (5.09), greater than Ernexa Therapeutics Inc. (1.58), greater than Evogene Ltd. (1.89), greater than Sensei Biotherapeutics, Inc. (5.81), greater than Imunon, Inc. (0),

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