RIGL
Price:
$32.85
Market Cap:
$607.79M
Rigel Pharmaceuticals, Inc. is a biotechnology company dedicated to discovering and developing small molecule therapies. The firm's focus areas include hematologic disorders, oncology, and rare immune system conditions. Its commercialized product, Tavalisse (fostamatinib), is an oral spleen tyrosine kinase inhibitor approved for the treatment of chronic immune thrombocytopenia in adult patients. Rigel's robust pipeline features Fostamatinib, currently in Phase III clinical trials for several additional indications, including warm autoimmune hemolytic anemia, as well as separate studies for hospitalized COVID-19 patients and other COVID-19 applications. In its earlier development stages, the ...[Read more]
Industry
Biotechnology
IPO Date
2000-11-29
Stock Exchange
NASDAQ
Ticker
RIGL
According to Rigel Pharmaceuticals, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 2.62. This represents a change of 12.04% compared to the average of 2.33 of the last 4 quarters.
The mean historical Current Ratio of Rigel Pharmaceuticals, Inc. over the last ten years is 2.96. The current 2.62 Current Ratio has changed 8.74% with respect to the historical average. Over the past ten years (40 quarters), RIGL's Current Ratio was at its highest in in the June 2018 quarter at 8.01. The Current Ratio was at its lowest in in the March 2024 quarter at 1.26.
Average
2.96
Median
2.30
Minimum
1.78
Maximum
6.40
Discovering the peaks and valleys of Rigel Pharmaceuticals, 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 = 89.80%
Maximum Annual Current Ratio = 6.40
Minimum Annual Increase = -58.61%
Minimum Annual Current Ratio = 1.78
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 2.42 | 13.39% |
| 2024 | 2.13 | 14.53% |
| 2023 | 1.86 | 4.85% |
| 2022 | 1.78 | -26.87% |
| 2021 | 2.43 | 11.55% |
| 2020 | 2.18 | 6.58% |
| 2019 | 2.04 | -58.61% |
| 2018 | 4.94 | -22.87% |
| 2017 | 6.40 | 89.80% |
| 2016 | 3.37 | -11.62% |
The current Current Ratio of Rigel Pharmaceuticals, Inc. (RIGL) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages
3-year avg
2.14
5-year avg
2.13
10-year avg
2.96
Rigel Pharmaceuticals, Inc.’s Current Ratio is greater than Gossamer Bio, Inc. (2.20), less than KalVista Pharmaceuticals, Inc. (5.58), less than Prothena Corporation plc (10.43), less than Ventyx Biosciences, Inc. (17.86), less than 4D Molecular Therapeutics, Inc. (9.34), greater than Akebia Therapeutics, Inc. (1.40), less than Corvus Pharmaceuticals, Inc. (19.81), less than Olema Pharmaceuticals, Inc. (10.88), less than Bicycle Therapeutics plc (12.66), less than Omeros Corporation (3.03),
| Company | Current Ratio | Market cap |
|---|---|---|
| 2.20 | $38.00M | |
| 5.58 | $1.44B | |
| 10.43 | $431.91M | |
| 17.86 | $1.00B | |
| 9.34 | $461.60M | |
| 1.40 | $248.00M | |
| 19.81 | $1.00B | |
| 10.88 | $862.12M | |
| 12.66 | $281.05M | |
| 3.03 | $632.20M |
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