QNTM
Price:
$9.85
Market Cap:
$37.60M
Quantum BioPharma Ltd., a biopharmaceutical company, researches and develops a portfolio of assets and biotech solutions for the treatment of challenging neurodegenerative, inflammatory and metabolic disorders, and alcohol misuse disorders with drug candidates in different stages of development. The company operates through two segments, Biopharmaceutical and Strategic Investments. Its lead compound is Lucid-MS, a patented new chemical entity that is in Phase 2 clinical trial to prevent and reverse myelin degradation, the underlying mechanism of multiple sclerosis, in preclinical models. The company is also developing a treatment for alcohol misuse for application in hospitals and other medi...[Read more]
Industry
Drug Manufacturers - Specialty & Generic
IPO Date
Stock Exchange
NASDAQ
Ticker
QNTM
According to Quantum BioPharma Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 0.78. This represents a change of -57.26% compared to the average of 1.83 of the last 4 quarters.
The mean historical Current Ratio of Quantum BioPharma Ltd. over the last ten years is 3.52. The current 0.78 Current Ratio has changed 2.12% with respect to the historical average. Over the past ten years (40 quarters), QNTM's Current Ratio was at its highest in in the September 2018 quarter at 121.21. The Current Ratio was at its lowest in in the May 2016 quarter at 0.
Average
3.52
Median
2.35
Minimum
0.04
Maximum
12.94
Discovering the peaks and valleys of Quantum BioPharma Ltd. 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 = 3.56%
Maximum Annual Current Ratio = 12.94
Minimum Annual Increase = -90.32%
Minimum Annual Current Ratio = 0.04
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.80 | -25.68% |
| 2023 | 2.43 | 6.51% |
| 2022 | 2.28 | -56.82% |
| 2021 | 5.28 | 9.63% |
| 2020 | 4.82 | 284.27% |
| 2019 | 1.25 | -90.32% |
| 2018 | 12.94 | 204.13% |
| 2017 | 4.26 | 3.56% |
| 2016 | 0.12 | 225.48% |
The current Current Ratio of Quantum BioPharma Ltd. (QNTM) 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
2.17
5-year avg
3.32
10-year avg
3.52
Quantum BioPharma Ltd.’s Current Ratio is less than Reviva Pharmaceuticals Holdings, Inc. (0.90), less than Annovis Bio, Inc. (6.11), less than Cumberland Pharmaceuticals Inc. (1.23), less than PolyPid Ltd. (2.28), less than Rockwell Medical, Inc. (3.92), less than Rein Therapeutics Inc. (0.90), greater than Celularity Inc. (0.16), greater than BioAtla, Inc. (0.54), less than Actinium Pharmaceuticals, Inc. (7.96), less than Evaxion Biotech A/S (3.42),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.90 | $42.95M | |
| 6.11 | $91.83M | |
| 1.23 | $33.50M | |
| 2.28 | $39.74M | |
| 3.92 | $34.44M | |
| 0.90 | $36.01M | |
| 0.16 | $47.87M | |
| 0.54 | $48.94M | |
| 7.96 | $45.86M | |
| 3.42 | $33.41M |
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