Adagene Inc.

Adagene Inc.verified

ADAG

Price:

$2.79

Market Cap:

$123.52M

Adagene Inc., a clinical stage biopharmaceutical company, engages in the research, development, and production of monoclonal antibody drugs for cancers. The company's product candidates include ADG106, a human ligand-blocking agonistic anti-CD137 monoclonal antibodies (mAbs) that is in Phase 1b/2 clinical trials for the treatment advanced solid tumors and non-Hodgkin's lymphoma; ADG126, a fully-human anti-CTLA-4 mAb that is in Phase 1 clinical trial for the treatment advanced/metastatic solid tumors; and ADG116, a human ligand-blocking anti-CTLA-4 mAb, which is in Phase I clinical trial for the treatment of advanced metastatic solid tumors. It also offers ADG104, an anti-PD-L1 mAb that is in...[Read more]

Industry

Biotechnology

IPO Date

2021-02-09

Stock Exchange

NASDAQ

Ticker

ADAG

The Current Ratio as of September 2024 (TTM) for Adagene Inc. (ADAG) is 2.50

According to Adagene Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 2.50. This represents a change of -18.11% compared to the average of 3.05 of the last 4 quarters.

Adagene Inc. (ADAG) Historical Current Ratio (quarterly & annually)

How has ADAG Current Ratio performed in the past?

The mean historical Current Ratio of Adagene Inc. over the last ten years is 6.16. The current 2.50 Current Ratio has changed 3.96% with respect to the historical average. Over the past ten years (40 quarters), ADAG's Current Ratio was at its highest in in the December 2019 quarter at 14.47. The Current Ratio was at its lowest in in the March 2019 quarter at 0.

Quarterly (TTM)
Annual

Average

6.16

Median

4.95

Minimum

2.71

Maximum

14.47

Adagene Inc. (ADAG) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Adagene 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 = 188.95%

Maximum Annual Current Ratio = 14.47

Minimum Annual Increase = -66.15%

Minimum Annual Current Ratio = 2.71

Quarterly (TTM)
Annual
YearCurrent RatioChange
20233.6133.04%
20222.71-56.53%
20216.2427.28%
20204.90-66.15%
201914.47188.95%

Adagene Inc. (ADAG) Average Current Ratio

How has ADAG Current Ratio performed in the past?

The current Current Ratio of Adagene Inc. (ADAG) 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

4.18

5-year avg

6.38

10-year avg

6.16

Adagene Inc. (ADAG) Current Ratio vs. Peers

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

Adagene Inc.’s Current Ratio is less than Aerovate Therapeutics, Inc. (6.51), less than Acrivon Therapeutics, Inc. Common Stock (16.16), less than Rezolute, Inc. (11.82), less than AN2 Therapeutics, Inc. (10.61), less than Anebulo Pharmaceuticals, Inc. (5.32), less than AnaptysBio, Inc. (9.09), less than Mineralys Therapeutics, Inc. (11.20), less than Eliem Therapeutics, Inc. (60.41), less than Janux Therapeutics, Inc. (57.34), less than PMV Pharmaceuticals, Inc. (19.22), less than Molecular Partners AG (14.58),

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