QLGN
Price:
$3.21
Market Cap:
$7.17M
Qualigen Therapeutics, Inc. is a biotechnology enterprise focused on advancing groundbreaking treatments for both cancer and infectious diseases. In addition to its developmental pipeline, the company offers FastPack, an efficient system designed for swift diagnostic testing. Its therapeutic candidates currently undergoing development include QN-302, an investigational compound targeting pancreatic ductal adenocarcinoma; QN-247, a DNA-coated gold nanoparticle formulated to combat various types of cancer; and RAS-F, a small-molecule inhibitor designed to block RAS oncogene protein-protein interactions, thereby impeding RAS mutations and suppressing tumor growth. The company is also progressin...[Read more]
Industry
Biotechnology
IPO Date
2015-06-23
Stock Exchange
NASDAQ
Ticker
QLGN
According to Qualigen Therapeutics, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 11.57. This represents a change of 52.21% compared to the average of 7.60 of the last 4 quarters.
The mean historical Current Ratio of Qualigen Therapeutics, Inc. over the last ten years is 2.51. The current 11.57 Current Ratio has changed 45.90% with respect to the historical average. Over the past ten years (40 quarters), QLGN's Current Ratio was at its highest in in the March 2018 quarter at 23.84. The Current Ratio was at its lowest in in the June 2020 quarter at 0.
Average
2.51
Median
1.80
Minimum
0.28
Maximum
9.30
Discovering the peaks and valleys of Qualigen Therapeutics, 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 = 727.36%
Maximum Annual Current Ratio = 9.30
Minimum Annual Increase = -80.55%
Minimum Annual Current Ratio = 0.28
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 9.30 | 298.45% |
| 2024 | 2.33 | 727.36% |
| 2023 | 0.28 | -77.56% |
| 2022 | 1.26 | -71.98% |
| 2021 | 4.49 | 65.79% |
| 2020 | 2.71 | 107.77% |
| 2019 | 1.30 | 158.06% |
| 2019 | 0.50 | -25.73% |
| 2018 | 0.68 | -70.44% |
| 2016 | 2.30 | -80.55% |
The current Current Ratio of Qualigen Therapeutics, Inc. (QLGN) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
3.97
5-year avg
3.53
10-year avg
2.51
Qualigen Therapeutics, Inc.’s Current Ratio is greater than Soligenix, Inc. (1.81), less than Oragenics, Inc. (133.42), less than Titan Pharmaceuticals, Inc. (301.55), greater than Can-Fite BioPharma Ltd. (3.46), greater than Xenetic Biosciences, Inc. (7.93), greater than Kazia Therapeutics Limited (2.87), greater than Ensysce Biosciences, Inc. (0.71), greater than CNS Pharmaceuticals, Inc. (0.88), greater than Clearmind Medicine Inc. (3.79), greater than KALA BIO, Inc. (7.91),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.81 | $4.43M | |
| 133.42 | $2.81M | |
| 301.55 | $3.11M | |
| 3.46 | $1.53M | |
| 7.93 | $6.04M | |
| 2.87 | $23.13M | |
| 0.71 | $2.33M | |
| 0.88 | $2.81M | |
| 3.79 | $3.40M | |
| 7.91 | $57.68M |
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