NEU.AX
Price:
$19.96
Market Cap:
$2.48B
Neuren Pharmaceuticals Limited, a biopharmaceutical company, develops drugs for the treatment of neurological disorders. Its lead product is trofinetide, which is in Phase III clinical trial for the treatment of Rett syndrome, as well as has completed Phase II clinical trial to treat Fragile X syndrome. The company also develops NNZ-2591, which has completed Phase I clinical trial for the treatment of Phelan-McDermid, Angelman, Pitt Hopkins, and Prader-Will syndromes. In addition, it provides development services; and holds loan funded shares. The company was incorporated in 2001 and is based in Camberwell, Australia.
Industry
Biotechnology
IPO Date
2005-02-01
Stock Exchange
ASX
Ticker
NEU.AX
According to Neuren Pharmaceuticals Limited’s latest financial reports and current stock price. The company's current Current Ratio is 40.42. This represents a change of 101.22% compared to the average of 20.09 of the last 4 quarters.
The mean historical Current Ratio of Neuren Pharmaceuticals Limited over the last ten years is 18.24. The current 40.42 Current Ratio has changed 22.07% with respect to the historical average. Over the past ten years (40 quarters), NEU.AX's Current Ratio was at its highest in in the December 2021 quarter at 49.87. The Current Ratio was at its lowest in in the June 2006 quarter at 0.
Average
18.24
Median
11.84
Minimum
2.99
Maximum
49.87
Discovering the peaks and valleys of Neuren Pharmaceuticals Limited 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 = 240.94%
Maximum Annual Current Ratio = 49.87
Minimum Annual Increase = -77.57%
Minimum Annual Current Ratio = 2.99
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 8.73 | 50.98% |
| 2023 | 5.78 | -77.57% |
| 2022 | 25.77 | -48.32% |
| 2021 | 49.87 | 50.55% |
| 2020 | 33.12 | 28.62% |
| 2019 | 25.75 | 90.74% |
| 2018 | 13.50 | 32.62% |
| 2017 | 10.18 | 240.94% |
| 2016 | 2.99 | -55.20% |
| 2015 | 6.67 | -7.37% |
The current Current Ratio of Neuren Pharmaceuticals Limited (NEU.AX) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
13.43
5-year avg
24.65
10-year avg
18.24
Neuren Pharmaceuticals Limited’s Current Ratio is greater than Mesoblast Limited (1.99), greater than Summerset Group Holdings Limited (0.22), greater than Clarity Pharmaceuticals Ltd (9.69), greater than Regis Healthcare Limited (0.11), greater than Clinuvel Pharmaceuticals Limited (9.66), greater than Immutep Limited (11.69), greater than Alterity Therapeutics Limited (12.98), greater than Botanix Pharmaceuticals Limited (4.00), greater than EZZ Life Science Holdings Limited (5.77), greater than PYC Therapeutics Limited (14.41),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.99 | $3.72B | |
| 0.22 | $2.63B | |
| 9.69 | $1.15B | |
| 0.11 | $2.28B | |
| 9.66 | $655.63M | |
| 11.69 | $493.09M | |
| 12.98 | $91.48M | |
| 4.00 | $216.56M | |
| 5.77 | $74.53M | |
| 14.41 | $871.97M |
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