LYTIX.OL
Price:
$10.2
Market Cap:
$696.27M
Lytix Biopharma ASA, a clinical stage biotech company, develops novel cancer immunotherapies for cancer therapy in Norway. Its lead product candidate is LTX-315, an oncolytic molecule that is developed for intratumoral injections, is designed for the local treatment of solid tumors that is in Phase II clinical trials. The company's products comprise of LTX-401, an oncolytic molecule for targeting deep-seated lesions, such as liver cancer and is in a preclinical phase. Lytix Biopharma ASA was incorporated in 2003 and is based in Oslo, Norway.
Industry
Biotechnology
IPO Date
2021-06-14
Stock Exchange
OSL
Ticker
LYTIX.OL
According to Lytix Biopharma AS’s latest financial reports and current stock price. The company's current Current Ratio is 5.85. This represents a change of 40.12% compared to the average of 4.18 of the last 4 quarters.
The mean historical Current Ratio of Lytix Biopharma AS over the last ten years is 6.16. The current 5.85 Current Ratio has changed 9.39% with respect to the historical average. Over the past ten years (40 quarters), LYTIX.OL's Current Ratio was at its highest in in the September 2021 quarter at 24.26. The Current Ratio was at its lowest in in the September 2020 quarter at 0.
Average
6.16
Median
4.52
Minimum
2.56
Maximum
15.22
Discovering the peaks and valleys of Lytix Biopharma AS 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 = 493.80%
Maximum Annual Current Ratio = 15.22
Minimum Annual Increase = -43.79%
Minimum Annual Current Ratio = 2.56
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 3.91 | -22.65% |
| 2023 | 5.06 | -40.83% |
| 2022 | 8.55 | -43.79% |
| 2021 | 15.22 | 493.80% |
| 2020 | 2.56 | -43.35% |
| 2019 | 4.52 | 37.08% |
The current Current Ratio of Lytix Biopharma AS (LYTIX.OL) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
5.84
5-year avg
7.06
10-year avg
6.16
Lytix Biopharma AS’s Current Ratio is less than Nykode Therapeutics AS (15.21), greater than Hofseth BioCare ASA (0.96), greater than Navamedic ASA (1.30), greater than BerGenBio ASA (4.39), greater than Arctic Bioscience AS (0.83), greater than PCI Biotech Holding ASA (2.94), greater than ContextVision AB (publ) (4.12), greater than Gentian Diagnostics ASA (5.47), less than Thor Medical ASA (8.87), greater than Lifecare AS (3.34),
| Company | Current Ratio | Market cap |
|---|---|---|
| 15.21 | $796.12M | |
| 0.96 | $630.35M | |
| 1.30 | $518.00M | |
| 4.39 | $45.74M | |
| 0.83 | $103.95M | |
| 2.94 | $9.41M | |
| 4.12 | $300.24M | |
| 5.47 | $845.14M | |
| 8.87 | $1.49B | |
| 3.34 | $100.52M |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Lytix Biopharma AS using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like Lytix Biopharma AS or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the Current Ratio?
How can you use the Current Ratio?
What is Lytix Biopharma AS's Current Ratio?
How is the Current Ratio calculated for Lytix Biopharma AS (LYTIX.OL)?
What is the highest Current Ratio for Lytix Biopharma AS (LYTIX.OL)?
What is the 3-year average Current Ratio for Lytix Biopharma AS (LYTIX.OL)?
What is the 5-year average Current Ratio for Lytix Biopharma AS (LYTIX.OL)?
How does the current Current Ratio for Lytix Biopharma AS (LYTIX.OL) compare to its historical average?