Alterity Therapeutics Limited

Alterity Therapeutics Limitedverified

ATHE

Price:

$1.07

Market Cap:

$16.27M

Alterity Therapeutics Limited engages in the research and development of therapeutic drugs to treat Alzheimer's disease, Huntington disease, Parkinson's disease, and other neurological disorders in Australia. The company's lead drug candidate is ATH434 that has completed Phase I clinical trial for the treatment of Parkinson's disease. It is also developing PBT2 that has completed Phase IIa clinical trial to treat Alzheimer's disease. The company was formerly known as Prana Biotechnology Limited and changed its name to Alterity Therapeutics Limited in April 2019. Alterity Therapeutics Limited was incorporated in 1997 and is headquartered in Melbourne, Australia.[Read more]

Industry

Biotechnology

IPO Date

2003-09-29

Stock Exchange

NASDAQ

Ticker

ATHE

The Current Ratio as of November 2024 (TTM) for Alterity Therapeutics Limited (ATHE) is 3.54

According to Alterity Therapeutics Limited’s latest financial reports and current stock price. The company's current Current Ratio is 3.54. This represents a change of 67.94% compared to the average of 2.11 of the last 4 quarters.

Alterity Therapeutics Limited (ATHE) Historical Current Ratio (quarterly & annually)

How has ATHE Current Ratio performed in the past?

The mean historical Current Ratio of Alterity Therapeutics Limited over the last ten years is 9.11. The current 3.54 Current Ratio has changed 3.79% with respect to the historical average. Over the past ten years (40 quarters), ATHE's Current Ratio was at its highest in in the September 2015 quarter at 16.39. The Current Ratio was at its lowest in in the March 2021 quarter at 0.

Quarterly (TTM)
Annual

Average

9.11

Median

7.06

Minimum

3.54

Maximum

15.88

Alterity Therapeutics Limited (ATHE) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Alterity Therapeutics Limited 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 = 123.93%

Maximum Annual Current Ratio = 15.88

Minimum Annual Increase = -55.56%

Minimum Annual Current Ratio = 3.54

Quarterly (TTM)
Annual
YearCurrent RatioChange
20243.54-42.61%
20236.17-12.68%
20227.07-35.25%
202110.92123.93%
20204.88-18.50%
20195.98-15.22%
20187.06-55.56%
201715.8811.20%
201614.28-7.01%
201515.3546.03%

Alterity Therapeutics Limited (ATHE) Average Current Ratio

How has ATHE Current Ratio performed in the past?

The current Current Ratio of Alterity Therapeutics Limited (ATHE) 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

5.59

5-year avg

6.52

10-year avg

9.11

Alterity Therapeutics Limited (ATHE) Current Ratio vs. Peers

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

Alterity Therapeutics Limited’s Current Ratio is greater than Anebulo Pharmaceuticals, Inc. (3.45), less than PMV Pharmaceuticals, Inc. (13.98), less than AN2 Therapeutics, Inc. (9.75), less than Eliem Therapeutics, Inc. (60.41), greater than HCW Biologics Inc. (0.07), less than Protara Therapeutics, Inc. (9.85), greater than Vaccinex, Inc. (0.77), less than Monopar Therapeutics Inc. (5.41K), greater than Miromatrix Medical Inc. (3.46), less than Surrozen, Inc. (7.40), greater than NovaBay Pharmaceuticals, Inc. (1.15), less than ARCA biopharma, Inc. (26.61), greater than Quoin Pharmaceuticals, Ltd. (3.02), less than Artelo Biosciences, Inc. (14.58), less than Adial Pharmaceuticals, Inc. (6.78), greater than TransCode Therapeutics, Inc. (1.58), greater than Aditxt, Inc. (0.09), greater than Reviva Pharmaceuticals Holdings, Inc. (0.41), greater than Avenue Therapeutics, Inc. (2.67),

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