Sonnet BioTherapeutics Holdings, Inc.

Sonnet BioTherapeutics Holdings, Inc. - Current Ratioverified

SONN

Price:

$1.26

Market Cap:

$8.43M

Sonnet BioTherapeutics Holdings, Inc., a biotechnology company based in Princeton, New Jersey, operates in the clinical stage with a primary focus on oncology. The firm is dedicated to developing novel platforms for creating biologic medicines that can exhibit either singular or dual therapeutic mechanisms. Central to their strategy is a proprietary fully human albumin binding technology. This innovative system employs human single-chain antibody fragments specifically engineered to bind to human serum albumin, leveraging it for enhanced delivery and transport to target tissues. Their leading therapeutic candidate, SON-1010, is a fully human variant of interleukin 12, currently being advance...[Read more]

Industry

Biotechnology

IPO Date

2006-10-31

Stock Exchange

NASDAQ

Ticker

SONN

The Current Ratio as of June 2026 (TTM) for Sonnet BioTherapeutics Holdings, Inc. (SONN) is 3.50

According to Sonnet BioTherapeutics Holdings, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 3.50. This represents a change of 101.77% compared to the average of 1.74 of the last 4 quarters.

Sonnet BioTherapeutics Holdings, Inc. (SONN) Historical Current Ratio (quarterly & annually)

How has SONN Current Ratio performed in the past?

The mean historical Current Ratio of Sonnet BioTherapeutics Holdings, Inc. over the last ten years is 1.20. The current 3.50 Current Ratio has changed 29.11% with respect to the historical average. Over the past ten years (40 quarters), SONN's Current Ratio was at its highest in in the December 2021 quarter at 4.74. The Current Ratio was at its lowest in in the December 2015 quarter at 0.

Quarterly (TTM)
Annual

Average

1.20

Median

0.66

Minimum

0.01

Maximum

4.30

Sonnet BioTherapeutics Holdings, Inc. (SONN) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Sonnet BioTherapeutics Holdings, 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 = 11.63%

Maximum Annual Current Ratio = 4.30

Minimum Annual Increase = -86.65%

Minimum Annual Current Ratio = 0.01

Quarterly (TTM)
Annual
YearCurrent RatioChange
20253.50430.62%
20240.66-23.08%
20230.8629.35%
20220.66-84.57%
20214.30165.87%
20201.6211.63%
20190.01-86.65%
20180.10-15.54%
20170.12-17.51%
20160.15-37.24%

Sonnet BioTherapeutics Holdings, Inc. (SONN) Average Current Ratio

How has SONN Current Ratio performed in the past?

The current Current Ratio of Sonnet BioTherapeutics Holdings, Inc. (SONN) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

1.67

5-year avg

2.00

10-year avg

1.20

Sonnet BioTherapeutics Holdings, Inc. (SONN) Current Ratio vs. Peers

How is SONN’s Current Ratio compared to its peers?

Sonnet BioTherapeutics Holdings, Inc.’s Current Ratio is less than Rallybio Corporation (12.92), less than TAO Synergies Inc. (27.40), less than Klotho Neurosciences, Inc. (95.01), greater than Exicure, Inc. (0.79), less than Intensity Therapeutics, Inc. (4.86), greater than Iterum Therapeutics plc (2.13), less than Boundless Bio, Inc. (9.87), less than Q32 Bio Inc. (5.36), greater than Cadrenal Therapeutics, Inc. Common Stock (2.68), less than iBio, Inc. (11.88),

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