KALA
Price:
$0.964
Market Cap:
$6.77M
Kala Bio, Inc. is a biopharmaceutical company. It focuses on the development and commercialization of therapeutics using proprietary nanoparticle-based mucus penetrating particles with an initial focus on the treatment of eye diseases. The company was founded by Justin Hanes, Robert S. Langer and Colin R. Gardner in 2009 and is headquartered in Arlington, MA.
Industry
Biotechnology
IPO Date
2017-07-20
Stock Exchange
NASDAQ
Ticker
KALA
According to KALA BIO, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.75. This represents a change of -62.51% compared to the average of 1.99 of the last 4 quarters.
The mean historical Current Ratio of KALA BIO, Inc. over the last ten years is 5.58. The current 0.75 Current Ratio has changed 1.24% with respect to the historical average. Over the past ten years (40 quarters), KALA's Current Ratio was at its highest in in the March 2018 quarter at 20.40. The Current Ratio was at its lowest in in the March 2016 quarter at 0.
Average
5.58
Median
5.30
Minimum
1.07
Maximum
10.41
Discovering the peaks and valleys of KALA BIO, 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 = 671.94%
Maximum Annual Current Ratio = 10.41
Minimum Annual Increase = -70.80%
Minimum Annual Current Ratio = 1.07
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 3.11 | -50.85% |
| 2023 | 6.33 | 89.32% |
| 2022 | 3.35 | 0.68% |
| 2021 | 3.32 | -56.90% |
| 2020 | 7.71 | 81.10% |
| 2019 | 4.26 | -59.09% |
| 2018 | 10.41 | 30.60% |
| 2017 | 7.97 | -3.14% |
| 2016 | 8.23 | 671.94% |
| 2015 | 1.07 | -70.80% |
The current Current Ratio of KALA BIO, Inc. (KALA) 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
4.26
5-year avg
4.77
10-year avg
5.58
KALA BIO, Inc.’s Current Ratio is greater than AIM ImmunoTech Inc. (0.64), greater than Oragenics, Inc. (0.71), less than Pasithea Therapeutics Corp. (4.02), less than VYNE Therapeutics Inc. (8.87), less than Can-Fite BioPharma Ltd. (3.60), less than Ensysce Biosciences, Inc. (1.27), greater than Impact BioMedical Inc. (0.06), greater than XTL Biopharmaceuticals Ltd. (0.61), less than Soligenix, Inc. (1.47), greater than Abpro Corporation (0.07),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.64 | $4.19M | |
| 0.71 | $3.55M | |
| 4.02 | $8.63M | |
| 8.87 | $6.24M | |
| 3.60 | $3.65M | |
| 1.27 | $3.86M | |
| 0.06 | $5.88M | |
| 0.61 | $4.76M | |
| 1.47 | $16.43M | |
| 0.07 | $12.91M |
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