Lite Strategy, Inc.

Lite Strategy, Inc.verified

LITS

Price:

$0.7411

Market Cap:

$25.22M

Lite Strategy, Inc. functions as a clinical-stage pharmaceutical firm, concentrating its efforts on creating innovative and distinct therapeutic solutions for cancer patients. This entity, which was previously known as MEI Pharma, Inc., officially changed its designation to Lite Strategy, Inc. in September 2025. The company was established in 2000 and has its principal operations located in San Diego, California.

Industry

Asset Management - Cryptocurrency

IPO Date

2003-12-18

Stock Exchange

NASDAQ

Ticker

LITS

The Current Ratio as of June 2026 (TTM) for Lite Strategy, Inc. (LITS) is 11.53

According to Lite Strategy, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 11.53. This represents a change of -2.85% compared to the average of 11.87 of the last 4 quarters.

Lite Strategy, Inc. (LITS) Historical Current Ratio (quarterly & annually)

How has LITS Current Ratio performed in the past?

The mean historical Current Ratio of Lite Strategy, Inc. over the last ten years is 7.73. The current 11.53 Current Ratio has changed 14.81% with respect to the historical average. Over the past ten years (40 quarters), LITS's Current Ratio was at its highest in in the March 2025 quarter at 16.78. The Current Ratio was at its lowest in in the June 2024 quarter at 4.88.

Quarterly (TTM)
Annual

Average

7.73

Median

6.84

Minimum

4.88

Maximum

13.50

Lite Strategy, Inc. (LITS) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Lite Strategy, 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 = 176.75%

Maximum Annual Current Ratio = 13.50

Minimum Annual Increase = -22.68%

Minimum Annual Current Ratio = 4.88

Quarterly (TTM)
Annual
YearCurrent RatioChange
202513.50176.75%
20244.88-7.70%
20235.29-22.68%
20226.84-16.16%

Lite Strategy, Inc. (LITS) Average Current Ratio

How has LITS Current Ratio performed in the past?

The current Current Ratio of Lite Strategy, Inc. (LITS) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

7.89

5-year avg

7.73

10-year avg

7.73

Lite Strategy, Inc. (LITS) Current Ratio vs. Peers

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

Lite Strategy, Inc.’s Current Ratio is greater than TScan Therapeutics, Inc. (6.65), greater than Adicet Bio, Inc. (7.65), greater than Immunic, Inc. (4.92), greater than PMV Pharmaceuticals, Inc. (11.14), less than Relmada Therapeutics, Inc. (18.26), greater than Nutriband Inc. (5.26), greater than Acrivon Therapeutics, Inc. Common Stock (8.98), greater than Werewolf Therapeutics, Inc. (1.27), less than XBiotech Inc. (39.03), greater than IO Biotech, Inc. (2.01),

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Frequently asked questions❓

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