Active Biotech AB (publ)

Active Biotech AB (publ)verified

ACTI.ST

Price:

$0.162

Market Cap:

$173.85M

Active Biotech AB (publ), a biotechnology company, develops pharmaceutical products the treatment of oncology and immunology diseases in Sweden. It is developing Tasquinimod, a small molecule immuno-modulator, which is in Phase Ib/IIa clinical trial to treat multiple myeloma; Laquinimod, an immunomodulator that is in phase I clinical trial for the treatment of inflammatory eye disorders, including uveitis; and Naptumomab, an anti-cancer immunotherapy, which is in phase Ib/II clinical trial to treat patients with advanced solid tumors. The company has a licensing agreement with NeoTX Therapeutics Ltd. for the development and commercialization of Naptumomab for cancer immunotherapy. Active Bio...[Read more]

Industry

Biotechnology

IPO Date

2003-12-19

Stock Exchange

STO

Ticker

ACTI.ST

The Current Ratio as of November 2024 (TTM) for Active Biotech AB (publ) (ACTI.ST) is 0.93

According to Active Biotech AB (publ)’s latest financial reports and current stock price. The company's current Current Ratio is 0.93. This represents a change of -58.72% compared to the average of 2.25 of the last 4 quarters.

Active Biotech AB (publ) (ACTI.ST) Historical Current Ratio (quarterly & annually)

How has ACTI.ST Current Ratio performed in the past?

The mean historical Current Ratio of Active Biotech AB (publ) over the last ten years is 3.42. The current 0.93 Current Ratio has changed 2.62% with respect to the historical average. Over the past ten years (40 quarters), ACTI.ST's Current Ratio was at its highest in in the September 2017 quarter at 16.10. The Current Ratio was at its lowest in in the September 2023 quarter at 0.91.

Quarterly (TTM)
Annual

Average

3.42

Median

3.62

Minimum

1.34

Maximum

5.71

Active Biotech AB (publ) (ACTI.ST) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Active Biotech AB (publ) 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 = 306.41%

Maximum Annual Current Ratio = 5.71

Minimum Annual Increase = -63.15%

Minimum Annual Current Ratio = 1.34

Quarterly (TTM)
Annual
YearCurrent RatioChange
20233.721.73%
20223.66-35.15%
20215.6474.19%
20203.24-43.28%
20195.71306.41%
20181.405.00%
20171.34-63.15%
20163.6359.49%
20152.28-36.85%
20143.6028.93%

Active Biotech AB (publ) (ACTI.ST) Average Current Ratio

How has ACTI.ST Current Ratio performed in the past?

The current Current Ratio of Active Biotech AB (publ) (ACTI.ST) 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

4.34

5-year avg

4.39

10-year avg

3.42

Active Biotech AB (publ) (ACTI.ST) Current Ratio vs. Peers

How is ACTI.ST’s Current Ratio compared to its peers?

Active Biotech AB (publ)’s Current Ratio is less than BioInvent International AB (publ) (13.29), less than Orexo AB (publ) (1.70), greater than Alligator Bioscience AB (publ) (0.35), greater than Swedish Orphan Biovitrum AB (publ) (0.91), greater than Anoto Group AB (publ) (0.65),

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