MTP
Price:
$0.2851
Market Cap:
$2.30M
Midatech Pharma plc, a drug delivery technology company, focuses on the research and development of medicines in the United Kingdom, rest of Europe, and internationally. The company is developing MTX110, a direct delivery treatment for diffuse intrinsic pontine glioma, medulloblastomas, and glioblastoma multiforme; MTX114, an immuno-suppressant for topical application in psoriasis; MTD211, a long-acting formulation of brexpiprazole for the treatment of schizophrenia and adjunctive treatment of major depressive disorder; and MTD219, a long-acting formulation of tacrolimus used to lower the risk of organ transplant rejection. It also offers drug delivery platforms, such as Q-Sphera, a polymer ...[Read more]
Industry
Biotechnology
IPO Date
2015-12-07
Stock Exchange
NASDAQ
Ticker
MTP
According to Midatech Pharma plc’s latest financial reports and current stock price. The company's current Current Ratio is 3.63. This represents a change of 64.85% compared to the average of 2.20 of the last 4 quarters.
The mean historical Current Ratio of Midatech Pharma plc over the last ten years is 2.65. The current 3.63 Current Ratio has changed 13.58% with respect to the historical average. Over the past ten years (40 quarters), MTP's Current Ratio was at its highest in in the December 2014 quarter at 11.17. The Current Ratio was at its lowest in in the June 2012 quarter at 0.
Average
2.65
Median
2.33
Minimum
1.26
Maximum
6.39
Discovering the peaks and valleys of Midatech Pharma plc 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 = 105.87%
Maximum Annual Current Ratio = 6.39
Minimum Annual Increase = -79.99%
Minimum Annual Current Ratio = 1.26
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.75 | 38.64% |
| 2023 | 1.26 | -48.84% |
| 2022 | 2.47 | -61.38% |
| 2021 | 6.39 | 105.87% |
| 2020 | 3.10 | 28.01% |
| 2019 | 2.42 | 6.62% |
| 2018 | 2.27 | 2.32% |
| 2017 | 2.22 | -6.90% |
| 2016 | 2.39 | 6.81% |
| 2015 | 2.23 | -79.99% |
The current Current Ratio of Midatech Pharma plc (MTP) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
1.83
5-year avg
2.99
10-year avg
2.65
Midatech Pharma plc’s Current Ratio is greater than VBI Vaccines Inc. (0.48), greater than Fresh2 Group Limited (0.32), less than PolarityTE, Inc. (6.41), greater than OncoSec Medical Incorporated (2.30), less than Notable Labs, Ltd. (5.65), greater than Oncternal Therapeutics, Inc. (2.39), greater than Palatin Technologies, Inc. (1.02), greater than Cutera, Inc. (2.88), greater than Novan, Inc. (0.91), greater than Sientra, Inc. (1.20),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.48 | $1.87M | |
| 0.32 | $2.08M | |
| 6.41 | $1.78M | |
| 2.30 | $596.00 | |
| 5.65 | $2.39M | |
| 2.39 | $1.56M | |
| 1.02 | $559.12M | |
| 2.88 | $1.96M | |
| 0.91 | $2.64M | |
| 1.20 | $2.08M |
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