LTRN
Price:
$3.9
Market Cap:
$42.06M
Lantern Pharma Inc., a clinical stage biotechnology company, focuses on artificial intelligence, machine learning, and genomic data to streamline the drug development process. Its advanced drug candidate is LP-100, which is in phase II clinical trials to treat metastatic, castration-resistant, and prostate cancer. The company also develops LP-300 as a combination therapy for non or never-smokers with non-small cell lung cancer adenocarcinoma. In addition, its preclinical development drug candidate is LP-184, an alkylating agent that damages DNA in cancer cells that overexpress certain biomarkers or that harbor mutations in DNA repair pathways. Further, the company operates ADC program, an an...[Read more]
Industry
Biotechnology
IPO Date
2020-06-11
Stock Exchange
NASDAQ
Ticker
LTRN
According to Lantern Pharma Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 8.31. This represents a change of -21.14% compared to the average of 10.54 of the last 4 quarters.
The mean historical Current Ratio of Lantern Pharma Inc. over the last ten years is 18.04. The current 8.31 Current Ratio has changed 4.50% with respect to the historical average. Over the past ten years (40 quarters), LTRN's Current Ratio was at its highest in in the March 2021 quarter at 124.12. The Current Ratio was at its lowest in in the March 2019 quarter at 0.
Average
18.04
Median
18.58
Minimum
0.68
Maximum
36.64
Discovering the peaks and valleys of Lantern 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 = 1.35%
Maximum Annual Current Ratio = 36.64
Minimum Annual Increase = -32.87%
Minimum Annual Current Ratio = 0.68
Year | Current Ratio | Change |
---|---|---|
2023 | 16.18 | -22.88% |
2022 | 20.99 | -32.87% |
2021 | 31.26 | -14.68% |
2020 | 36.64 | 1.35% |
2019 | 2.52 | 268.82% |
The current Current Ratio of Lantern Pharma Inc. (LTRN) 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
22.81
5-year avg
21.52
10-year avg
18.04
Lantern Pharma Inc.’s Current Ratio is greater than TFF Pharmaceuticals, Inc. (0.89), greater than Generation Bio Co. (6.34), greater than Lyra Therapeutics, Inc. (3.64), greater than Immunome, Inc. (6.17), greater than Cue Biopharma, Inc. (2.22),
Company | Current Ratio | Market cap |
---|---|---|
0.89 | $378.10K | |
6.34 | $85.49M | |
3.64 | $12.76M | |
6.17 | $848.24M | |
2.22 | $69.05M |
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