SRNEQ
Price:
$0.03
Market Cap:
$606.41K
Sorrento Therapeutics, Inc. is a biopharmaceutical firm that has both clinical-stage and commercial products. It concentrates on developing cutting-edge therapies across three main health domains: oncology, infectious diseases, and pain management. The company is organized into two primary divisions: Sorrento Therapeutics and Scilex. For cancer treatment, Sorrento employs its unique G-MAB antibody library and advanced delivery systems. These include chimeric antigen receptor T-cell (CAR-T) therapy, dimeric CAR-T, antibody drug conjugates, and bispecific antibodies. Additionally, its Sofusa technology allows for direct lymphatic delivery of biologics. Among its active clinical cancer programs...[Read more]
Industry
Biotechnology
IPO Date
2007-03-19
Stock Exchange
OTC
Ticker
SRNEQ
According to Sorrento Therapeutics, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.29. This represents a change of -48.46% compared to the average of 0.57 of the last 4 quarters.
The mean historical Current Ratio of Sorrento Therapeutics, Inc. over the last ten years is 2.57. The current 0.29 Current Ratio has changed 1.04% with respect to the historical average. Over the past ten years (40 quarters), SRNEQ's Current Ratio was at its highest in in the December 2014 quarter at 7.73. The Current Ratio was at its lowest in in the December 2022 quarter at 0.29.
Average
2.57
Median
1.21
Minimum
0.29
Maximum
7.73
Discovering the peaks and valleys of Sorrento Therapeutics, 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 = 674.66%
Maximum Annual Current Ratio = 7.73
Minimum Annual Increase = -79.87%
Minimum Annual Current Ratio = 0.29
| Year | Current Ratio | Change |
|---|---|---|
| 2022 | 0.29 | -76.31% |
| 2021 | 1.24 | 38.79% |
| 2020 | 0.89 | 52.35% |
| 2019 | 0.59 | -79.87% |
| 2018 | 2.91 | 674.66% |
| 2017 | 0.38 | -68.08% |
| 2016 | 1.18 | -74.20% |
| 2015 | 4.57 | -40.94% |
| 2014 | 7.73 | 29.88% |
| 2013 | 5.96 | -33.76% |
The current Current Ratio of Sorrento Therapeutics, Inc. (SRNEQ) 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
0.81
5-year avg
1.19
10-year avg
2.57
Sorrento Therapeutics, Inc.’s Current Ratio is less than American Hemp Ventures, Inc. (0), less than Malachite Innovations, Inc. (0.57), less than Noxopharm Limited (0.81), less than Avecho Biotechnology Limited (9.95), greater than Rapid Dose Therapeutics Corp. (0.08), less than OKYO Pharma Limited (0.58), greater than Poxel S.A. (0.26), less than Ceapro Inc. (8.54), less than Organicell Regenerative Medicine, Inc. (1.05), less than Eiger BioPharmaceuticals, Inc. (0.71),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0 | $16.47M | |
| 0.57 | $2.64M | |
| 0.81 | $14.78M | |
| 9.95 | $13.35M | |
| 0.08 | $1.78M | |
| 0.58 | $22.73M | |
| 0.26 | $15.88M | |
| 8.54 | $13.31M | |
| 1.05 | $19.97M | |
| 0.71 | $12.59M |
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