RAMM.CN
Price:
$0.035
Market Cap:
$4.18M
RAMM Pharma Corp. engages in the research and development, production, and sale of cannabinoid pharmaceutical formulations, pharmaceuticals, cosmetics, nutraceutical products, and resale of medical supplies products in Canada and internationally. It offers Epifractán, a cannabinoid pharmaceutical drug; XALEX 10, a prescription pharmaceutical formulation for the treatment of refractory epilepsy; and NettaLife, a cannabis-based product for pets. The company was formerly known as MTC Growth Fund-I Inc. and changed its name to RAMM Pharma Corp. in October 2019. RAMM Pharma Corp. was incorporated in 1987 and is based in Toronto, Canada.
Industry
Drug Manufacturers - Specialty & Generic
IPO Date
2019-11-08
Stock Exchange
CNQ
Ticker
RAMM.CN
According to RAMM Pharma Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 1.56. This represents a change of -24.62% compared to the average of 2.07 of the last 4 quarters.
The mean historical Current Ratio of RAMM Pharma Corp. over the last ten years is 7.36. The current 1.56 Current Ratio has changed 2.02% with respect to the historical average. Over the past ten years (40 quarters), RAMM.CN's Current Ratio was at its highest in in the October 2020 quarter at 23.64. The Current Ratio was at its lowest in in the January 2019 quarter at 0.
Average
7.36
Median
5.12
Minimum
0.88
Maximum
23.64
Discovering the peaks and valleys of RAMM Pharma Corp. 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 = 898.69%
Maximum Annual Current Ratio = 23.64
Minimum Annual Increase = -69.01%
Minimum Annual Current Ratio = 0.88
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.77 | -55.63% |
| 2023 | 3.99 | -22.06% |
| 2022 | 5.12 | -30.15% |
| 2021 | 7.32 | -69.01% |
| 2020 | 23.64 | 167.74% |
| 2019 | 8.83 | 898.69% |
The current Current Ratio of RAMM Pharma Corp. (RAMM.CN) 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
3.62
5-year avg
8.37
10-year avg
7.36
RAMM Pharma Corp.’s Current Ratio is greater than TILT Holdings Inc. (0.24), greater than Adastra Holdings Ltd. (0.41), less than Psyence Group Inc. (6.32), less than Copland Road Capital Corporation (6.53), greater than Planet Based Foods Global Inc. (0.03), greater than Premier Health of America Inc. (0.44), greater than Ovation Science Inc. (0.03), greater than Vencanna Ventures Inc. (0.91), greater than Pharmadrug Inc. (0.02), less than Captor Capital Corp. (13.72),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.24 | $3.47M | |
| 0.41 | $1.48M | |
| 6.32 | $1.88M | |
| 6.53 | $1.44M | |
| 0.03 | $1.19M | |
| 0.44 | $1.39M | |
| 0.03 | $1.28M | |
| 0.91 | $2.23M | |
| 0.02 | $2.16M | |
| 13.72 | $958.91K |
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