INIT.ST
Price:
$3.07
Market Cap:
$143.30M
Initiator Pharma A/S, a clinical stage life science company, develops drugs targeting unmet medical needs within the central and peripheral nervous system. It develops IP2018, a monoamine reuptake inhibitor for the treatment of psychogenic erectile dysfunction; IPED2015 to treat patients suffering from organic erectile dysfunction; and IPTN2021 for targeting an orphan drug indication in severe neuropathic pain. The company's pre-clinical stage candidates include IPNP2015 for the treatment of chronic pain; and IPDP2015 for depression. Initiator Pharma A/S was incorporated in 2016 and is headquartered in Copenhagen, Denmark.
Industry
Biotechnology
IPO Date
2017-03-16
Stock Exchange
STO
Ticker
INIT.ST
According to Initiator Pharma A/S’s latest financial reports and current stock price. The company's current Current Ratio is 4.15. This represents a change of -71.49% compared to the average of 14.54 of the last 4 quarters.
The mean historical Current Ratio of Initiator Pharma A/S over the last ten years is 13.70. The current 4.15 Current Ratio has changed 2.93% with respect to the historical average. Over the past ten years (40 quarters), INIT.ST's Current Ratio was at its highest in in the March 2024 quarter at 37.33. The Current Ratio was at its lowest in in the June 2016 quarter at 0.
Average
13.70
Median
9.91
Minimum
0.43
Maximum
29.95
Discovering the peaks and valleys of Initiator Pharma A/S 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 = 732.82%
Maximum Annual Current Ratio = 29.95
Minimum Annual Increase = -67.17%
Minimum Annual Current Ratio = 0.43
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 29.95 | 220.65% |
| 2023 | 9.34 | -66.27% |
| 2022 | 27.70 | 179.37% |
| 2021 | 9.91 | -24.09% |
| 2020 | 13.06 | 75.25% |
| 2019 | 7.45 | -67.17% |
| 2018 | 22.70 | 732.82% |
| 2017 | 2.73 | 539.54% |
The current Current Ratio of Initiator Pharma A/S (INIT.ST) 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
22.33
5-year avg
17.99
10-year avg
13.70
Initiator Pharma A/S’s Current Ratio is greater than Bio-Works Technologies AB (publ) (2.26), greater than Lipum AB (publ) (0.62), greater than IRLAB Therapeutics AB (publ) (1.30), less than Isofol Medical AB (publ) (6.80), less than Annexin Pharmaceuticals AB (publ) (9.32), less than Karolinska Development AB (publ) (7.99), greater than iZafe Group AB (publ) (1.29), less than SenzaGen AB (5.43), greater than Alzinova AB (publ) (0.20), greater than Clinical Laserthermia Systems AB (publ) (3.64),
| Company | Current Ratio | Market cap |
|---|---|---|
| 2.26 | $189.64M | |
| 0.62 | $310.76M | |
| 1.30 | $196.45M | |
| 6.80 | $208.30M | |
| 9.32 | $149.65M | |
| 7.99 | $91.14M | |
| 1.29 | $184.48M | |
| 5.43 | $194.73M | |
| 0.20 | $194.67M | |
| 3.64 | $194.27M |
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