TBP.TO
Price:
$0.025
Market Cap:
$10.58M
Tetra Bio-Pharma Inc., a biopharmaceutical company, engages in the discovery and development of cannabinoid-derived drugs for inflammation, pain, ophthalmology, and oncology. The company develops PLENITUDE to treat cancer-related pain in advanced cancer patients; REBORN for the treatment of breakthrough cancer pain; Reduvo for chemotherapy-induced nausea and vomiting; ARDS-003 for the treatment of sepsis and prevention of acute respiratory distress syndrome; and SERENITY to treat cancer cachexia. It also develops PPP003 for painful dry eye and uveitis pain; and HCC011 for hepatocellular carcinoma. The company is headquartered in Orléans, Canada.
Industry
Biotechnology
IPO Date
2018-07-10
Stock Exchange
TSX
Ticker
TBP.TO
According to Tetra Bio-Pharma Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.81. This represents a change of 31.54% compared to the average of 0.62 of the last 4 quarters.
The mean historical Current Ratio of Tetra Bio-Pharma Inc. over the last ten years is 9.48. The current 0.81 Current Ratio has changed 759.82% with respect to the historical average. Over the past ten years (40 quarters), TBP.TO's Current Ratio was at its highest in in the February 2013 quarter at 263.56. The Current Ratio was at its lowest in in the November 2015 quarter at 0.10.
Average
9.48
Median
3.94
Minimum
0.10
Maximum
48.68
Discovering the peaks and valleys of Tetra Bio-Pharma 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 = 7.32%
Maximum Annual Current Ratio = 48.68
Minimum Annual Increase = -96.65%
Minimum Annual Current Ratio = 0.10
| Year | Current Ratio | Change |
|---|---|---|
| 2021 | 0.81 | 53.58% |
| 2020 | 0.53 | -61.41% |
| 2019 | 1.37 | -75.93% |
| 2018 | 5.71 | 14.34% |
| 2017 | 5.00 | -30.23% |
| 2016 | 7.16 | 7.32% |
| 2015 | 0.10 | -96.65% |
| 2014 | 2.88 | -87.20% |
| 2013 | 22.51 | -53.75% |
| 2012 | 48.68 | 197.70% |
The current Current Ratio of Tetra Bio-Pharma Inc. (TBP.TO) 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
0.91
5-year avg
2.69
10-year avg
9.48
Tetra Bio-Pharma Inc.’s Current Ratio is less than IMV Inc. (2.93), greater than RYAH Group, Inc. (0.52), less than Khiron Life Sciences Corp. (3.08), less than VIVO Cannabis Inc. (3.15), greater than CanaFarma Hemp Products Corp. (0.77), less than Mind Cure Health Inc. (4.76), less than CloudMD Software & Services Inc. (0.83), greater than Cloud DX Inc. (0.06), greater than Core One Labs Inc. (0.81), less than Aleafia Health Inc. (1.01),
| Company | Current Ratio | Market cap |
|---|---|---|
| 2.93 | $13.12M | |
| 0.52 | $11.20M | |
| 3.08 | $9.30M | |
| 3.15 | $9.27M | |
| 0.77 | $9.78M | |
| 4.76 | $7.04M | |
| 0.83 | $12.19M | |
| 0.06 | $11.68M | |
| 0.81 | $6.83M | |
| 1.01 | $8.07M |
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