AVTE
Price:
$2.58
Market Cap:
$74.50M
Aerovate Therapeutics, Inc., a clinical-stage biopharmaceutical company, focuses on the development of drugs that enhance the lives of patients with rare cardiopulmonary diseases in the United States. The company focuses on advancing AV-101, a dry powder inhaled formulation of imatinib for the treatment of pulmonary arterial hypertension, which is in Phase 2b/Phase 3 trial. Aerovate Therapeutics, Inc. was incorporated in 2018 and is headquartered in Waltham, Massachusetts.[Read more]
Industry
Biotechnology
IPO Date
2021-06-30
Stock Exchange
NASDAQ
Ticker
AVTE
According to Aerovate Therapeutics, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 8.78. This represents a change of 21.21% compared to the average of 7.25 of the last 4 quarters.
The mean historical Current Ratio of Aerovate Therapeutics, Inc. over the last ten years is 20.06. The current 8.78 Current Ratio has changed 4.28% with respect to the historical average. Over the past ten years (40 quarters), AVTE's Current Ratio was at its highest in in the December 2021 quarter at 68.37. The Current Ratio was at its lowest in in the March 2020 quarter at 0.
Average
20.06
Median
7.04
Minimum
2.64
Maximum
68.37
Discovering the peaks and valleys of Aerovate Therapeutics, 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 = 2.49%
Maximum Annual Current Ratio = 68.37
Minimum Annual Increase = -75.28%
Minimum Annual Current Ratio = 2.64
Year | Current Ratio | Change |
---|---|---|
2023 | 7.04 | -58.31% |
2022 | 16.90 | -75.28% |
2021 | 68.37 | 2.49% |
2020 | 2.64 | -50.72% |
The current Current Ratio of Aerovate Therapeutics, Inc. (AVTE) 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
30.77
5-year avg
20.06
10-year avg
20.06
Aerovate Therapeutics, Inc.’s Current Ratio is greater than Adagene Inc. (2.50), less than Acrivon Therapeutics, Inc. Common Stock (12.75), less than Rezolute, Inc. (13.79), less than AN2 Therapeutics, Inc. (9.75), greater than Anebulo Pharmaceuticals, Inc. (3.45), greater than Opthea Limited (2.94), greater than Mineralys Therapeutics, Inc. (8.55),
Company | Current Ratio | Market cap |
---|---|---|
2.50 | $83.89M | |
12.75 | $190.55M | |
13.79 | $254.43M | |
9.75 | $40.79M | |
3.45 | $36.83M | |
2.94 | $4.46B | |
8.55 | $623.35M |
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