Candel Therapeutics, Inc.

Candel Therapeutics, Inc.verified

CADL

Price:

$7.31

Market Cap:

$234.54M

Candel Therapeutics, Inc., a clinical stage biopharmaceutical company, engages in the development immunotherapies for the cancer patients. The company develops CAN-2409, which is in Phase II clinical trails for the treatment of pancreatic cancer; Phase III clinical trials for the treatment of prostate cancer; and Phase II clinical trials for the treatment of lung cancer, as well as has completed Phase Ib/II clinical trials for the treatment of high-grade glioma. It also develops CAN-3110, which is in Phase I clinical trials for the treatment of recurrent glioblastoma. The company was formerly known as Advantagene, Inc. and changed its name to Candel Therapeutics, Inc. in November 2020. The c...[Read more]

Industry

Biotechnology

IPO Date

2021-07-27

Stock Exchange

NASDAQ

Ticker

CADL

The Current Ratio as of September 2024 (TTM) for Candel Therapeutics, Inc. (CADL) is 1.62

According to Candel Therapeutics, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.62. This represents a change of -38.65% compared to the average of 2.65 of the last 4 quarters.

Candel Therapeutics, Inc. (CADL) Historical Current Ratio (quarterly & annually)

How has CADL Current Ratio performed in the past?

The mean historical Current Ratio of Candel Therapeutics, Inc. over the last ten years is 14.15. The current 1.62 Current Ratio has changed 1.05% with respect to the historical average. Over the past ten years (40 quarters), CADL's Current Ratio was at its highest in in the September 2021 quarter at 20.68. The Current Ratio was at its lowest in in the March 2020 quarter at 0.

Quarterly (TTM)
Annual

Average

14.15

Median

12.81

Minimum

2.59

Maximum

32.06

Candel Therapeutics, Inc. (CADL) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Candel 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 = 112.44%

Maximum Annual Current Ratio = 32.06

Minimum Annual Increase = -79.75%

Minimum Annual Current Ratio = 2.59

Quarterly (TTM)
Annual
YearCurrent RatioChange
20232.59-79.75%
202212.81-19.12%
202115.84112.44%
20207.46-76.74%

Candel Therapeutics, Inc. (CADL) Average Current Ratio

How has CADL Current Ratio performed in the past?

The current Current Ratio of Candel Therapeutics, Inc. (CADL) 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

10.42

5-year avg

14.15

10-year avg

14.15

Candel Therapeutics, Inc. (CADL) Current Ratio vs. Peers

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

Candel Therapeutics, Inc.’s Current Ratio is less than Aerovate Therapeutics, Inc. (6.51), less than Adagene Inc. (2.50), less than Acrivon Therapeutics, Inc. Common Stock (16.16), less than Rezolute, Inc. (11.82), less than AN2 Therapeutics, Inc. (10.61), less than Molecular Partners AG (14.58), less than Mineralys Therapeutics, Inc. (11.20), less than Pharvaris N.V. (18.45), less than PepGen Inc. (7.45), less than PMV Pharmaceuticals, Inc. (19.22), less than Acurx Pharmaceuticals, Inc. (2.09), less than Monopar Therapeutics Inc. (6.59), greater than Enochian Biosciences, Inc. (0.06), less than Indaptus Therapeutics, Inc. (3.88), less than Tempest Therapeutics, Inc. (2.17), greater than Comera Life Sciences Holdings, Inc. (0.90), less than Forte Biosciences, Inc. (2.82), less than Bionomics Limited (3.81), greater than OKYO Pharma Limited (0), less than Anebulo Pharmaceuticals, Inc. (5.32), greater than Cingulate Inc. (1.20),

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