GRCE
Price:
$2.2
Market Cap:
$34.04M
Grace Therapeutics, Inc. specializes in the creation and commercialization of pharmaceutical products, primarily targeting uncommon and neglected diseases, with operations centered in Canada. The company's most advanced experimental treatment is GTX-104, an intravenous infusion designed to address subarachnoid hemorrhage. Its development pipeline further includes GTX-102, an oral mucosal betamethasone spray intended for the management of ataxia-telangiectasia, and GTX-101, a topical bioadhesive film-forming bupivacaine spray for postherpetic neuralgia. Established in 2002, the enterprise previously operated under the name Acasti Pharma Inc., before officially adopting Grace Therapeutics, Inc...[Read more]
Industry
Biotechnology
IPO Date
2012-02-07
Stock Exchange
NASDAQ
Ticker
GRCE
According to Grace Therapeutics, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 14.96. This represents a change of 20.93% compared to the average of 12.37 of the last 4 quarters.
The mean historical Current Ratio of Grace Therapeutics, Inc. over the last ten years is 10.84. The current 14.96 Current Ratio has changed 13.70% with respect to the historical average. Over the past ten years (40 quarters), GRCE's Current Ratio was at its highest in in the March 2020 quarter at 39.50. The Current Ratio was at its lowest in in the September 2018 quarter at 0.56.
Average
10.84
Median
9.26
Minimum
1.42
Maximum
39.50
Discovering the peaks and valleys of Grace Therapeutics, 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 = 1.73%
Maximum Annual Current Ratio = 39.50
Minimum Annual Increase = -70.25%
Minimum Annual Current Ratio = 1.42
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 11.77 | -17.46% |
| 2024 | 14.26 | 66.04% |
| 2023 | 8.59 | -38.52% |
| 2022 | 13.97 | -64.64% |
| 2021 | 39.50 | 1.73% |
| 2020 | 2.16 | 5.47% |
| 2019 | 2.05 | 44.36% |
| 2018 | 1.42 | -70.25% |
| 2017 | 4.76 | -52.00% |
| 2016 | 9.93 | -18.02% |
The current Current Ratio of Grace Therapeutics, Inc. (GRCE) is greater than its 3-year, less than than its 5-year, and greater than its 10-year historical averages
3-year avg
11.54
5-year avg
17.62
10-year avg
10.84
Grace Therapeutics, Inc.’s Current Ratio is greater than LAVA Therapeutics N.V. (12.27), greater than Tvardi Therapeutics, Inc. (2.25), greater than Actinium Pharmaceuticals, Inc. (5.89), greater than PDS Biotechnology Corporation (2.26), greater than CalciMedica, Inc. (1.61), greater than Xilio Therapeutics, Inc. (3.59), greater than Lantern Pharma Inc. (1.87), greater than OnKure Therapeutics, Inc. (13.78), greater than RenovoRx, Inc. (7.15), greater than ABVC BioPharma, Inc. (0.12),
| Company | Current Ratio | Market cap |
|---|---|---|
| 12.27 | $45.77M | |
| 2.25 | $24.77M | |
| 5.89 | $31.69M | |
| 2.26 | $58.61M | |
| 1.61 | $13.70M | |
| 3.59 | $54.64M | |
| 1.87 | $49.50M | |
| 13.78 | $57.43M | |
| 7.15 | $31.41M | |
| 0.12 | $17.24M |
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