Artelo Biosciences, Inc.

Artelo Biosciences, Inc.verified

ARTL

Price:

$1.22

Market Cap:

$3.94M

Artelo Biosciences, Inc., a clinical stage biopharmaceutical company, focuses on developing and commercializing treatments to modulate the endocannabinoid system. Its product candidate pipeline includes ART27.13, a synthetic G protein-coupled receptor agonist, which is in Phase 1b/2a clinical trial for the treatment of anorexia associated with cancer; ART12.11, a synthetic cannabidiol cocrystal for the treatment of inflammatory bowel disease and post-traumatic stress disorder (PTSD); and ART26.12, a fatty acid binding protein 5 inhibitor for prostate and breast cancer treatment, as well as for treating PTSD. Artelo Biosciences, Inc. has research collaboration with Trinity College Dublin to i...[Read more]

Industry

Biotechnology

IPO Date

2019-06-21

Stock Exchange

NASDAQ

Ticker

ARTL

The Current Ratio as of September 2024 (TTM) for Artelo Biosciences, Inc. (ARTL) is 14.58

According to Artelo Biosciences, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 14.58. This represents a change of -24.28% compared to the average of 19.25 of the last 4 quarters.

Artelo Biosciences, Inc. (ARTL) Historical Current Ratio (quarterly & annually)

How has ARTL Current Ratio performed in the past?

The mean historical Current Ratio of Artelo Biosciences, Inc. over the last ten years is 8.58. The current 14.58 Current Ratio has changed 16.89% with respect to the historical average. Over the past ten years (40 quarters), ARTL's Current Ratio was at its highest in in the September 2022 quarter at 42.30. The Current Ratio was at its lowest in in the November 2013 quarter at 0.

Quarterly (TTM)
Annual

Average

8.58

Median

4.65

Minimum

0

Maximum

19.61

Artelo Biosciences, Inc. (ARTL) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Artelo Biosciences, 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 = Infinity%

Maximum Annual Current Ratio = 19.61

Minimum Annual Increase = -97.89%

Minimum Annual Current Ratio = 0

Quarterly (TTM)
Annual
YearCurrent RatioChange
202218.36-6.40%
202119.61321.43%
20204.657.02%
20194.35483.59%
20180.75-96.18%
201719.519.35%
20160.21-97.89%
20159.79Infinity%

Artelo Biosciences, Inc. (ARTL) Average Current Ratio

How has ARTL Current Ratio performed in the past?

The current Current Ratio of Artelo Biosciences, Inc. (ARTL) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

14.21

5-year avg

9.54

10-year avg

8.58

Artelo Biosciences, Inc. (ARTL) Current Ratio vs. Peers

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

Artelo Biosciences, Inc.’s Current Ratio is greater than Aileron Therapeutics, Inc. (4.69), greater than Histogen Inc. (4.05), greater than Curis, Inc. (1.78), greater than Timber Pharmaceuticals, Inc. (0.50), greater than Salarius Pharmaceuticals, Inc. (2.98), greater than Vaccinex, Inc. (0.42), greater than Fresh Tracks Therapeutics, Inc. (6.98), less than Basilea Pharmaceutica AG (0), greater than Ascletis Pharma Inc. (4.10), less than AVAX Technologies, Inc. (16.58), greater than Brii Biosciences Limited (1.61), less than Pasithea Therapeutics Corp. (22.11), greater than Nutriband Inc. (6.20), greater than ZIVO Bioscience, Inc. (6.57), greater than MediciNova, Inc. (0.17), less than Eliem Therapeutics, Inc. (18.24), less than Akari Therapeutics, Plc (60.41), greater than Axcella Health Inc. (0.58), greater than Magenta Therapeutics, Inc. (0.80), less than null (14.64),

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