REDW.ST
Price:
$1.185
Market Cap:
$3.15M
Redwood Pharma AB engages in the development of ophthalmic pharmaceutical therapies for unmet market needs. The company's lead development product is RP101, an eye drop that treats severe chronic dry eye disease in post-menopausal women. It uses IntelliGel, a supramolecular smart drug delivery system for development of topical formulation for ophthalmic uses, as well as for administration to the front of the eye. Redwood Pharma AB is based in Stockholm, Sweden.
Industry
Biotechnology
IPO Date
2016-06-15
Stock Exchange
STO
Ticker
REDW.ST
According to Redwood Pharma AB’s latest financial reports and current stock price. The company's current Current Ratio is 5.39. This represents a change of 29.44% compared to the average of 4.16 of the last 4 quarters.
The mean historical Current Ratio of Redwood Pharma AB over the last ten years is 3.17. The current 5.39 Current Ratio has changed 16.89% with respect to the historical average. Over the past ten years (40 quarters), REDW.ST's Current Ratio was at its highest in in the March 2016 quarter at 61.29. The Current Ratio was at its lowest in in the March 2015 quarter at 0.
Average
3.17
Median
3.29
Minimum
0.20
Maximum
6.26
Discovering the peaks and valleys of Redwood Pharma AB 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 = 3.10%
Maximum Annual Current Ratio = 6.26
Minimum Annual Increase = -95.09%
Minimum Annual Current Ratio = 0.20
| Year | Current Ratio | Change |
|---|---|---|
| 2023 | 5.39 | 31.28% |
| 2022 | 4.10 | 43.38% |
| 2021 | 2.86 | 140.40% |
| 2020 | 1.19 | -68.01% |
| 2019 | 3.72 | 38.51% |
| 2018 | 2.69 | 104.21% |
| 2017 | 1.32 | -78.99% |
| 2016 | 6.26 | 3.10% |
| 2015 | 0.20 | -95.09% |
The current Current Ratio of Redwood Pharma AB (REDW.ST) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
4.12
5-year avg
3.45
10-year avg
3.17
Redwood Pharma AB’s Current Ratio is greater than Cline Scientific AB (publ) (1.91), greater than Duearity AB (publ) (0.88), greater than Scandion Oncology A/S (1.81), greater than Asarina Pharma AB (publ) (1.20), greater than Bioservo Technologies AB (publ) (3.28), greater than Cyxone AB (publ) (4.01), greater than Ziccum AB (publ) (0.36), greater than Bonzun AB (publ) (0.45),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.91 | $3.11M | |
| 0.88 | $3.08M | |
| 1.81 | $962.52K | |
| 1.20 | $633.96K | |
| 3.28 | $1.41M | |
| 4.01 | $6.75M | |
| 0.36 | $8.56M | |
| 0.45 | $7.25M |
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