SCTL
Price:
$1.1
Market Cap:
$116.13M
Societal CDMO, Inc., an organization founded in Exton, Pennsylvania, in 2007, functions as a contract development and manufacturing partner for the global pharmaceutical industry. Formerly known as Recro Pharma, Inc. until its name change in March 2022, the company specializes in supporting small molecule therapeutic advancements. Its comprehensive services span the entire drug development lifecycle, from initial research and development to manufacturing and packaging various therapeutic dosage forms for both domestic and international markets. Key offerings include drug development expertise, end-to-end regulatory guidance, clinical and commercial scale production, sterile fill/finish opera...[Read more]
Industry
Drug Manufacturers - Specialty & Generic
IPO Date
2014-03-07
Stock Exchange
NASDAQ
Ticker
SCTL
According to Societal CDMO, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.07. This represents a change of -48.06% compared to the average of 2.06 of the last 4 quarters.
The mean historical Current Ratio of Societal CDMO, Inc. over the last ten years is 5.05. The current 1.07 Current Ratio has changed 2.02% with respect to the historical average. Over the past ten years (40 quarters), SCTL's Current Ratio was at its highest in in the March 2014 quarter at 36.65. The Current Ratio was at its lowest in in the December 2023 quarter at 1.07.
Average
5.05
Median
3.66
Minimum
1.07
Maximum
14.10
Discovering the peaks and valleys of Societal CDMO, 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 = 1.31%
Maximum Annual Current Ratio = 14.10
Minimum Annual Increase = -71.09%
Minimum Annual Current Ratio = 1.07
| Year | Current Ratio | Change |
|---|---|---|
| 2023 | 1.07 | -56.12% |
| 2022 | 2.44 | -24.87% |
| 2021 | 3.24 | -53.19% |
| 2020 | 6.93 | -25.31% |
| 2019 | 9.28 | 278.54% |
| 2018 | 2.45 | 40.12% |
| 2017 | 1.75 | -66.44% |
| 2016 | 5.21 | 27.86% |
| 2015 | 4.08 | -71.09% |
| 2014 | 14.10 | 1.31% |
The current Current Ratio of Societal CDMO, Inc. (SCTL) 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
2.25
5-year avg
4.59
10-year avg
5.05
Societal CDMO, Inc.’s Current Ratio is greater than Procaps Group S.A. (0.81), greater than OptiNose, Inc. (0.64), less than Augmedix, Inc. (2.41), less than Zomedica Corp. (7.01), less than Tourmaline Bio, Inc. (24.68), less than Cyteir Therapeutics, Inc. (28.07), greater than Sesen Bio, Inc. (0.86), less than Opiant Pharmaceuticals, Inc. (10.10), less than Graybug Vision, Inc. (1.61), less than Decibel Therapeutics, Inc. (4.81),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.81 | $102.08M | |
| 0.64 | $97.22M | |
| 2.41 | $115.91M | |
| 7.01 | $95.35M | |
| 24.68 | $1.23B | |
| 28.07 | $108.71M | |
| 0.86 | $127.96M | |
| 10.10 | $108.80M | |
| 1.61 | $120.98M | |
| 4.81 | $123.37M |
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What is the Current Ratio?
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What is Societal CDMO, Inc.'s Current Ratio?
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What is the 3-year average Current Ratio for Societal CDMO, Inc. (SCTL)?
What is the 5-year average Current Ratio for Societal CDMO, Inc. (SCTL)?
How does the current Current Ratio for Societal CDMO, Inc. (SCTL) compare to its historical average?