IGC
Price:
$0.3061
Market Cap:
$26.04M
IGC Pharma, Inc. is a clinical-stage pharmaceutical company that is focused on Alzheimer's disease, developing innovative solutions to address this devastating illness. It has two investigational drug assets targeting Alzheimer's disease: IGC-AD1, which is in a Phase 2 clinical trial as a treatment for agitation in dementia due to Alzheimer's and TGR-63 that is in pre-clinical development. In addition to its drug development pipeline, IGC Pharma seeks to leverage artificial intelligence (AI) for Alzheimer's research. The company was founded by Ram Mukunda on April 29, 2005 and is headquartered in Potomac, MD.
Industry
Biotechnology
IPO Date
2006-05-24
Stock Exchange
AMEX
Ticker
IGC
According to IGC Pharma, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.32. This represents a change of 5.82% compared to the average of 1.25 of the last 4 quarters.
The mean historical Current Ratio of IGC Pharma, Inc. over the last ten years is 6.73. The current 1.32 Current Ratio has changed 1.87% with respect to the historical average. Over the past ten years (40 quarters), IGC's Current Ratio was at its highest in in the December 2018 quarter at 52.73. The Current Ratio was at its lowest in in the September 2016 quarter at 1.02.
Average
6.73
Median
3.09
Minimum
1.20
Maximum
30.44
Discovering the peaks and valleys of IGC Pharma, 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 = 2.13%
Maximum Annual Current Ratio = 30.44
Minimum Annual Increase = -70.02%
Minimum Annual Current Ratio = 1.20
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 1.28 | -18.96% |
| 2024 | 1.58 | -53.52% |
| 2023 | 3.41 | -44.97% |
| 2022 | 6.19 | -37.67% |
| 2021 | 9.93 | 8.84% |
| 2020 | 9.12 | -70.02% |
| 2019 | 30.44 | 2.13% |
| 2018 | 1.37 | -50.80% |
| 2017 | 2.78 | 131.22% |
| 2016 | 1.20 | -34.35% |
The current Current Ratio of IGC Pharma, Inc. (IGC) 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
2.09
5-year avg
4.48
10-year avg
6.73
IGC Pharma, Inc.’s Current Ratio is less than Nutriband Inc. (4.78), less than AN2 Therapeutics, Inc. (31.96), less than Boundless Bio, Inc. (14.08), greater than Plus Therapeutics, Inc. (1.29), less than Q32 Bio Inc. (4.57), less than Pluri Inc. (4.81), less than Iterum Therapeutics plc (2.13), less than SAB Biotherapeutics, Inc. (10.50), less than NextCure, Inc. (3.71), less than Intensity Therapeutics, Inc. (3.60),
| Company | Current Ratio | Market cap |
|---|---|---|
| 4.78 | $56.47M | |
| 31.96 | $29.18M | |
| 14.08 | $24.62M | |
| 1.29 | $39.62M | |
| 4.57 | $44.54M | |
| 4.81 | $23.49M | |
| 2.13 | $21.14M | |
| 10.50 | $36.32M | |
| 3.71 | $34.11M | |
| 3.60 | $21.70M |
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