IGC Pharma, Inc.

IGC Pharma, Inc.verified

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

The Current Ratio as of December 2025 (TTM) for IGC Pharma, Inc. (IGC) is 1.32

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.

IGC Pharma, Inc. (IGC) Historical Current Ratio (quarterly & annually)

How has IGC Current Ratio performed in the past?

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.

Quarterly (TTM)
Annual

Average

6.73

Median

3.09

Minimum

1.20

Maximum

30.44

IGC Pharma, Inc. (IGC) Current Ratio by Quarter and Year

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

Quarterly (TTM)
Annual
YearCurrent RatioChange
20251.28-18.96%
20241.58-53.52%
20233.41-44.97%
20226.19-37.67%
20219.938.84%
20209.12-70.02%
201930.442.13%
20181.37-50.80%
20172.78131.22%
20161.20-34.35%

IGC Pharma, Inc. (IGC) Average Current Ratio

How has IGC Current Ratio performed in the past?

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. (IGC) Current Ratio vs. Peers

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

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),

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