RPRX
Price:
$52.96
Market Cap:
$22.78B
Royalty Pharma plc, headquartered in New York City and founded in 1996, operates within the United States as a key player in the biopharmaceutical industry. The company primarily focuses on the acquisition of royalties from biopharmaceutical products and actively invests in funding new developments and innovations in the sector. Its activities involve diligently identifying, evaluating, and securing royalty agreements for a wide array of biopharmaceutical therapies. Beyond acquisitions, Royalty Pharma plc fosters collaborations with various innovators. These partners include academic institutions, research hospitals, non-profit organizations, small and mid-sized biotechnology firms, and larg...[Read more]
Industry
Biotechnology
IPO Date
2020-06-16
Stock Exchange
NASDAQ
Ticker
RPRX
According to Royalty Pharma plc’s latest financial reports and current stock price. The company's current Current Ratio is 2.66. This represents a change of 27.06% compared to the average of 2.09 of the last 4 quarters.
The mean historical Current Ratio of Royalty Pharma plc over the last ten years is 6.28. The current 2.66 Current Ratio has changed 4.14% with respect to the historical average. Over the past ten years (40 quarters), RPRX's Current Ratio was at its highest in in the March 2022 quarter at 21.95. The Current Ratio was at its lowest in in the March 2019 quarter at 0.
Average
6.28
Median
6.09
Minimum
0.97
Maximum
16.81
Discovering the peaks and valleys of Royalty 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 = 260.59%
Maximum Annual Current Ratio = 16.81
Minimum Annual Increase = -86.97%
Minimum Annual Current Ratio = 0.97
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 0.97 | -32.32% |
| 2024 | 1.44 | -81.79% |
| 2023 | 7.90 | 260.59% |
| 2022 | 2.19 | -86.97% |
| 2021 | 16.81 | 91.88% |
| 2020 | 8.76 | 250.99% |
| 2019 | 2.50 | -44.50% |
| 2018 | 4.50 | -41.52% |
| 2017 | 7.69 | -23.91% |
| 2016 | 10.10 | 4.36% |
The current Current Ratio of Royalty Pharma plc (RPRX) 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
3.44
5-year avg
5.86
10-year avg
6.28
Royalty Pharma plc’s Current Ratio is greater than Genmab A/S (2.18), less than United Therapeutics Corporation (4.79), less than Incyte Corporation (3.68), greater than Fresenius Medical Care AG & Co. KGaA (1.20), less than Summit Therapeutics Inc. (7.41), greater than Smith & Nephew plc (2.57), less than Roivant Sciences Ltd. (18.37), less than Hologic, Inc. (4.04), greater than Tenet Healthcare Corporation (1.36), less than Exelixis, Inc. (3.26),
| Company | Current Ratio | Market cap |
|---|---|---|
| 2.18 | $15.51B | |
| 4.79 | $22.78B | |
| 3.68 | $19.62B | |
| 1.20 | $12.67B | |
| 7.41 | $10.67B | |
| 2.57 | $12.74B | |
| 18.37 | $22.61B | |
| 4.04 | $16.97B | |
| 1.36 | $14.86B | |
| 3.26 | $13.05B |
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What is the Current Ratio?
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