REDX.L
Redx Pharma Plc engages in drug discovery, pre-clinical development, and licensing activities in the United Kingdom. It discovers and develops small molecule drugs for treating anti-cancer and fibrosis targets in the areas of unmet medical needs. The company also develops RXC004, a porcupine inhibitor that is in Phase II clinical trial for targeted therapy of Wnt-ligand driven cancer; and RXC007, an oral selective rho associated coiled-coil containing protein kinase 2 (ROCK2) inhibitor for the treatment of fibrotic diseases. In addition, it develops gastrointestinal targeted ROCK inhibitor to treat crohn's disease-associated fibrosis; discoidin domain receptors (DDRs) inhibitor for the treat...[Read more]
Industry
Biotechnology
IPO Date
2015-03-27
Stock Exchange
LSE
Ticker
REDX.L
According to Redx Pharma Plc’s latest financial reports and current stock price. The company's current Current Ratio is 1.11. This represents a change of -35.90% compared to the average of 1.73 of the last 4 quarters.
The mean historical Current Ratio of Redx Pharma Plc over the last ten years is 2.07. The current 1.11 Current Ratio has changed 5.25% with respect to the historical average. Over the past ten years (40 quarters), REDX.L's Current Ratio was at its highest in in the March 2015 quarter at 4.83. The Current Ratio was at its lowest in in the March 2012 quarter at 0.
Average
2.07
Median
2.10
Minimum
1.04
Maximum
3.73
Discovering the peaks and valleys of Redx Pharma Plc 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 = 140.04%
Maximum Annual Current Ratio = 3.73
Minimum Annual Increase = -65.97%
Minimum Annual Current Ratio = 1.04
| Year | Current Ratio | Change |
|---|---|---|
| 2023 | 1.11 | -49.18% |
| 2022 | 2.18 | -41.55% |
| 2021 | 3.73 | 38.54% |
| 2020 | 2.70 | 125.88% |
| 2019 | 1.19 | -51.44% |
| 2018 | 2.46 | 21.43% |
| 2017 | 2.02 | 95.39% |
| 2016 | 1.04 | -65.97% |
| 2015 | 3.04 | 140.04% |
| 2014 | 1.27 | 23.26% |
The current Current Ratio of Redx Pharma Plc (REDX.L) 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
2.34
5-year avg
2.18
10-year avg
2.07
Redx Pharma Plc’s Current Ratio is less than E-therapeutics Plc (8.87), greater than OKYO Pharma Limited (0.40), less than Midatech Pharma plc (3.63), less than C4X Discovery Holdings plc (3.28), less than Synairgen plc (9.01), less than Theracryf Plc (3.11), less than BiVictriX Therapeutics Plc (6.12), less than Intelligent Ultrasound Group plc (2.55), less than Destiny Pharma plc (9.89), less than ReNeuron Group plc (2.05),
| Company | Current Ratio | Market cap |
|---|---|---|
| 8.87 | N/A | |
| 0.40 | N/A | |
| 3.63 | N/A | |
| 3.28 | N/A | |
| 9.01 | N/A | |
| 3.11 | N/A | |
| 6.12 | N/A | |
| 2.55 | N/A | |
| 9.89 | N/A | |
| 2.05 | N/A |
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