Theralase Technologies Inc.

Theralase Technologies Inc.verified

TLTFF

Price:

$0.112

Market Cap:

$39.84M

Theralase Technologies Inc., a clinical stage pharmaceutical company, engages in the research and development of photo dynamic compounds (PDCs) and their associated drug formulations to treat cancer, bacteria, and viruses in Canada, the United States, and internationally. It also designs, develops, manufactures, and markets patented and proprietary super-pulsed laser technology for the healing of chronic knee pain, as well as for off-label use to heal various nerve, muscle, and joint conditions. In addition, the company develops TLD-1433, which is in Phase II for the treatment of Bacillus Calmette Guérin - Unresponsive Carcinoma In-Situ non-muscle invasive bladder cancer. Further, its produc...[Read more]

Industry

Medical - Devices

IPO Date

2010-04-05

Stock Exchange

OTC

Ticker

TLTFF

The Current Ratio as of December 2025 (TTM) for Theralase Technologies Inc. (TLTFF) is 0.96

According to Theralase Technologies Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.96. This represents a change of -27.62% compared to the average of 1.33 of the last 4 quarters.

Theralase Technologies Inc. (TLTFF) Historical Current Ratio (quarterly & annually)

How has TLTFF Current Ratio performed in the past?

The mean historical Current Ratio of Theralase Technologies Inc. over the last ten years is 5.42. The current 0.96 Current Ratio has changed 1.67% with respect to the historical average. Over the past ten years (40 quarters), TLTFF's Current Ratio was at its highest in in the September 2019 quarter at 19.66. The Current Ratio was at its lowest in in the March 2025 quarter at 0.82.

Quarterly (TTM)
Annual

Average

5.42

Median

4.69

Minimum

1.07

Maximum

10.85

Theralase Technologies Inc. (TLTFF) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Theralase Technologies 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 = 772.59%

Maximum Annual Current Ratio = 10.85

Minimum Annual Increase = -80.52%

Minimum Annual Current Ratio = 1.07

Quarterly (TTM)
Annual
YearCurrent RatioChange
20241.6115.46%
20231.39-62.09%
20223.67-35.77%
20215.71-47.36%
202010.8516.28%
20199.33772.59%
20181.07-46.27%
20171.99-80.52%
201610.2221.76%
20158.3925.46%

Theralase Technologies Inc. (TLTFF) Average Current Ratio

How has TLTFF Current Ratio performed in the past?

The current Current Ratio of Theralase Technologies Inc. (TLTFF) 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

2.22

5-year avg

4.65

10-year avg

5.42

Theralase Technologies Inc. (TLTFF) Current Ratio vs. Peers

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

Theralase Technologies Inc.’s Current Ratio is less than Vivos Inc. (28.77), less than Novacyt S.A. (6.33), greater than Drug Free Solution, Inc. (0.04), less than Nova Eye Medical Limited (2.39), less than Cynata Therapeutics Limited (4.40), greater than MedMira Inc. (0.07), greater than Sernova Corp. (0.12), less than Bioqual, Inc. (3.72), less than PetVivo Holdings, Inc. (2.00), less than Medical Developments International Limited (4.54),

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