QSAM
Price:
$8.3
Market Cap:
$18.44K
QSAM Biosciences, Inc. engages in developing various nuclear medicines for the treatment of cancer and related diseases. The company is involved in the development of CycloSam (Samaium-153 DOTMP), a clinical-stage bone targeting radiopharmaceutical. It has a license agreement with IGL Pharma, Inc. The company was formerly known as Q2Earth, Inc. and changed its name to QSAM Biosciences, Inc. in September 2020. QSAM Biosciences, Inc. was incorporated in 2004 and is headquartered in Austin, Texas.
Industry
Biotechnology
IPO Date
2012-08-13
Stock Exchange
OTC
Ticker
QSAM
According to QSAM Biosciences, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.65. This represents a change of 97.82% compared to the average of 0.83 of the last 4 quarters.
The mean historical Current Ratio of QSAM Biosciences, Inc. over the last ten years is 0.46. The current 1.65 Current Ratio has changed 35.88% with respect to the historical average. Over the past ten years (40 quarters), QSAM's Current Ratio was at its highest in in the March 2021 quarter at 5.07. The Current Ratio was at its lowest in in the March 2020 quarter at 0.00.
Average
0.46
Median
0.15
Minimum
0.00
Maximum
1.65
Discovering the peaks and valleys of QSAM Biosciences, 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 = 23.59%
Maximum Annual Current Ratio = 1.65
Minimum Annual Increase = -99.39%
Minimum Annual Current Ratio = 0.00
| Year | Current Ratio | Change |
|---|---|---|
| 2023 | 1.65 | 615.41% |
| 2022 | 0.23 | -80.75% |
| 2021 | 1.20 | 23.59% |
| 2020 | 0.01 | 136.12% |
| 2019 | 0.00 | -99.39% |
| 2018 | 0.35 | -67.19% |
| 2017 | 1.06 | 15.55% |
| 2016 | 0.01 | -33.92% |
| 2015 | 0.01 | -85.83% |
| 2015 | 0.07 | -60.55% |
The current Current Ratio of QSAM Biosciences, Inc. (QSAM) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
1.03
5-year avg
0.62
10-year avg
0.46
QSAM Biosciences, Inc.’s Current Ratio is greater than NutraLife BioSciences, Inc. (0.10), less than Cantabio Pharmaceuticals, Inc. (0), less than Humanigen, Inc. (0), greater than Rapid Therapeutic Science Laboratories, Inc. (0.05), greater than Hempfusion Wellness Inc. (0.78), greater than NMC Health plc (1.45), less than Diagnocure, Inc. (4.00), greater than NeonMind Biosciences Inc. (0.19), greater than Generex Biotechnology Corporation (0.03), greater than Navidea Biopharmaceuticals, Inc. (0.32),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.10 | $17.66K | |
| 0 | $22.77K | |
| 0 | $23.82K | |
| 0.05 | $17.66K | |
| 0.78 | $1.64K | |
| 1.45 | $2.09K | |
| 4.00 | $21.52K | |
| 0.19 | $8.54K | |
| 0.03 | $0 | |
| 0.32 | $10.01K |
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