NXEN
Price:
$0.0001
Market Cap:
$7.08K
Nexien BioPharma, Inc. operates as a pharmaceutical company. It focuses on the formulation, development, and commercialization of cannabinoid-based pharmaceuticals, and pre-clinical and clinical pathways for the treatment of various diseases, medical conditions, and disorders. The company was formerly known as Intiva BioPharma Inc. and changed its name to Nexien BioPharma, Inc. in September 2018. Nexien BioPharma, Inc. is based in Glendale, Colorado.
Industry
Drug Manufacturers - Specialty & Generic
IPO Date
2017-11-29
Stock Exchange
OTC
Ticker
NXEN
According to Nexien BioPharma, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.02. This represents a change of 60.26% compared to the average of 0.01 of the last 4 quarters.
The mean historical Current Ratio of Nexien BioPharma, Inc. over the last ten years is 2.03. The current 0.02 Current Ratio has changed -10.93% with respect to the historical average. Over the past ten years (40 quarters), NXEN's Current Ratio was at its highest in in the March 2019 quarter at 38.31. The Current Ratio was at its lowest in in the June 2015 quarter at 0.
Average
2.03
Median
0.58
Minimum
0
Maximum
9.40
Discovering the peaks and valleys of Nexien BioPharma, 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 = 0%
Maximum Annual Current Ratio = 9.40
Minimum Annual Increase = 0%
Minimum Annual Current Ratio = 0
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.01 | -92.17% |
| 2023 | 0.15 | -71.59% |
| 2022 | 0.51 | -20.84% |
| 2021 | 0.65 | -16.89% |
| 2020 | 0.78 | -88.74% |
| 2019 | 6.94 | -26.16% |
| 2018 | 9.40 | 415.01% |
| 2017 | 1.83 | Infinity% |
| 2016 | 0 | 0% |
| 2015 | 0 | 0% |
The current Current Ratio of Nexien BioPharma, Inc. (NXEN) 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
0.22
5-year avg
0.42
10-year avg
2.03
Nexien BioPharma, Inc.’s Current Ratio is less than Acusphere, Inc. (1.45), less than Neptune Wellness Solutions Inc. (0.57), less than Golden Developing Solutions, Inc. (0.03), less than Aequus Pharmaceuticals Inc. (0.04), less than Adastra Holdings Ltd. (0.41), less than MultiCorp International, Inc. (7.06), less than Regnum Corp. (0.43), less than That Marketing Solution, Inc. (0.15), less than Invion Limited (0.75), greater than IR Biosciences Holdings Inc. (0.01),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.45 | $49.00 | |
| 0.57 | $45.31K | |
| 0.03 | $141.35K | |
| 0.04 | $159.16K | |
| 0.41 | $111.94K | |
| 7.06 | $131.24K | |
| 0.43 | $2.29K | |
| 0.15 | $12.75K | |
| 0.75 | $3.16M | |
| 0.01 | $128.12K |
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