ARCA biopharma, Inc.

ARCA biopharma, Inc.verified

ABIO

Price:

$28.8

Market Cap:

$34.82M

ARCA biopharma, Inc., a clinical-stage biopharmaceutical company, develops and commercializes genetically targeted therapies for cardiovascular diseases. Its lead product candidates are Recombinant Nematode Anticoagulant Protein c2 (rNAPc2) (AB201), which is in Phase IIb clinical trial for the treatment for COVID-19; and Gencaro (bucindolol hydrochloride), a pharmacogenetically-targeted beta-adrenergic receptor antagonist that has completed Phase IIb trial for the treatment of atrial fibrillation in patients with chronic heart failure. ARCA biopharma, Inc. has a collaboration agreement with LabCorp to develop genetic test for GENETIC-AF clinical trial; and research collaboration with Colorad...[Read more]

Industry

Biotechnology

IPO Date

1997-08-08

Stock Exchange

NASDAQ

Ticker

ABIO

The Current Ratio as of September 2024 (TTM) for ARCA biopharma, Inc. (ABIO) is 26.61

According to ARCA biopharma, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 26.61. This represents a change of -28.10% compared to the average of 37.01 of the last 4 quarters.

ARCA biopharma, Inc. (ABIO) Historical Current Ratio (quarterly & annually)

How has ABIO Current Ratio performed in the past?

The mean historical Current Ratio of ARCA biopharma, Inc. over the last ten years is 19.62. The current 26.61 Current Ratio has changed 13.46% with respect to the historical average. Over the past ten years (40 quarters), ABIO's Current Ratio was at its highest in in the December 2023 quarter at 59.01. The Current Ratio was at its lowest in in the December 2017 quarter at 5.94.

Quarterly (TTM)
Annual

Average

19.62

Median

12.72

Minimum

5.94

Maximum

59.01

ARCA biopharma, Inc. (ABIO) Current Ratio by Quarter and Year

Discovering the peaks and valleys of ARCA biopharma, 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 = 142.45%

Maximum Annual Current Ratio = 59.01

Minimum Annual Increase = -65.41%

Minimum Annual Current Ratio = 5.94

Quarterly (TTM)
Annual
YearCurrent RatioChange
202359.0156.45%
202237.72142.45%
202115.568.94%
202014.2855.94%
20199.167.16%
20188.5543.84%
20175.94-33.62%
20168.95-65.41%
201525.88131.89%
201411.16-0.97%

ARCA biopharma, Inc. (ABIO) Average Current Ratio

How has ABIO Current Ratio performed in the past?

The current Current Ratio of ARCA biopharma, Inc. (ABIO) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages

3-year avg

37.43

5-year avg

27.15

10-year avg

19.62

ARCA biopharma, Inc. (ABIO) Current Ratio vs. Peers

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

ARCA biopharma, Inc.’s Current Ratio is greater than Aerovate Therapeutics, Inc. (6.51), greater than Adagene Inc. (2.50), greater than Acrivon Therapeutics, Inc. Common Stock (16.16), greater than Rezolute, Inc. (11.82), greater than AN2 Therapeutics, Inc. (10.61), greater than Indaptus Therapeutics, Inc. (3.88), greater than Tempest Therapeutics, Inc. (2.17), greater than Comera Life Sciences Holdings, Inc. (0.90), greater than Forte Biosciences, Inc. (2.82), greater than ZIVO Bioscience, Inc. (0.17), greater than RenovoRx, Inc. (4.39), greater than Pasithea Therapeutics Corp. (6.20), greater than Quoin Pharmaceuticals, Ltd. (3.35), greater than Sio Gene Therapies Inc. (21.97), greater than Magenta Therapeutics, Inc. (14.64), less than TRACON Pharmaceuticals, Inc. (0), greater than CytomX Therapeutics, Inc. (0.66), greater than Spero Therapeutics, Inc. (1.00), greater than Neoleukin Therapeutics, Inc. (2.68), greater than Instil Bio, Inc. (15.33), greater than NextCure, Inc. (15.06), greater than null (8.35),

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