TTNP
Price:
$3.34
Market Cap:
$4.44M
Titan Pharmaceuticals, Inc., a pharmaceutical company, develops therapeutics for the treatment of chronic diseases. It develops products based on ProNeura, a proprietary long-term drug delivery platform. The company offers Probuphine implant for the maintenance treatment of opioid use disorder in clinically stable patients in Canada and the European Union. It is also developing kappa opioid agonist peptide program (TP-2021) for use in combination with ProNeura technology for the treatment of chronic pruritus; nalmefene implant program for the prevention of opioid relapse following detoxification of patients suffering opioid use disorder; and other programs, including HIV preventative therape...[Read more]
Industry
Biotechnology
IPO Date
1996-01-18
Stock Exchange
NASDAQ
Ticker
TTNP
According to Titan Pharmaceuticals, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 11.60. This represents a change of 32.24% compared to the average of 8.77 of the last 4 quarters.
The mean historical Current Ratio of Titan Pharmaceuticals, Inc. over the last ten years is 3.16. The current 11.60 Current Ratio has changed 36.57% with respect to the historical average. Over the past ten years (40 quarters), TTNP's Current Ratio was at its highest in in the June 2024 quarter at 12.22. The Current Ratio was at its lowest in in the June 2023 quarter at 0.27.
Average
3.16
Median
2.62
Minimum
1.37
Maximum
6.05
Discovering the peaks and valleys of Titan Pharmaceuticals, 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 = 305.31%
Maximum Annual Current Ratio = 6.05
Minimum Annual Increase = -49.42%
Minimum Annual Current Ratio = 1.37
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 6.05 | 8.99% |
| 2023 | 5.55 | 305.31% |
| 2022 | 1.37 | -49.42% |
| 2021 | 2.71 | 56.09% |
| 2020 | 1.74 | -24.81% |
| 2019 | 2.31 | -40.11% |
| 2018 | 3.85 | 106.98% |
| 2017 | 1.86 | -49.29% |
| 2016 | 3.67 | 45.50% |
| 2015 | 2.52 | -14.17% |
The current Current Ratio of Titan Pharmaceuticals, Inc. (TTNP) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
4.32
5-year avg
3.48
10-year avg
3.16
Titan Pharmaceuticals, Inc.’s Current Ratio is greater than Clearmind Medicine Inc. (1.74), greater than Xenetic Biosciences, Inc. (4.56), greater than Soligenix, Inc. (1.47), greater than Ensysce Biosciences, Inc. (1.27), greater than Kazia Therapeutics Limited (0.21), greater than Can-Fite BioPharma Ltd. (3.60), greater than Qualigen Therapeutics, Inc. (8.83), greater than Silo Pharma, Inc. (8.70), greater than Oragenics, Inc. (0.71), greater than CNS Pharmaceuticals, Inc. (5.81),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.74 | $722.23K | |
| 4.56 | $3.92M | |
| 1.47 | $16.43M | |
| 1.27 | $3.86M | |
| 0.21 | $21.67M | |
| 3.60 | $3.65M | |
| 8.83 | $5.43M | |
| 8.70 | $3.59M | |
| 0.71 | $3.55M | |
| 5.81 | $3.74M |
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