Clene Inc.

Clene Inc.verified

CLNN

Price:

$4.17

Market Cap:

$33.28M

Clene Inc., a clinical-stage pharmaceutical company, focuses on the discovery, development, and commercialization of novel clean-surfaced nanotechnology (CSN) therapeutics. Its lead drug is CNM-Au8, which is being studied in various clinical trials, including a Phase 2/3 registrational clinical trial for patients with amyotrophic lateral sclerosis (ALS); completed Phase 2 proof of concept clinical trial in patients with early symptomatic ALS; completed two open-label investigator blinded Phase 2 clinical trials on the brain's energy metabolites; ongoing Phase 2 clinical trial for the treatment of visual pathway deficits in chronic optic neuropathy for remyelination in stable relapsing Multip...[Read more]

Industry

Biotechnology

IPO Date

2018-10-18

Stock Exchange

NASDAQ

Ticker

CLNN

The Current Ratio as of November 2024 (TTM) for Clene Inc. (CLNN) is 0.83

According to Clene Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.83. This represents a change of -27.82% compared to the average of 1.15 of the last 4 quarters.

Clene Inc. (CLNN) Historical Current Ratio (quarterly & annually)

How has CLNN Current Ratio performed in the past?

The mean historical Current Ratio of Clene Inc. over the last ten years is 3.41. The current 0.83 Current Ratio has changed 2.33% with respect to the historical average. Over the past ten years (40 quarters), CLNN's Current Ratio was at its highest in in the June 2021 quarter at 15.08. The Current Ratio was at its lowest in in the March 2019 quarter at 0.

Quarterly (TTM)
Annual

Average

3.41

Median

2.20

Minimum

0

Maximum

9.06

Clene Inc. (CLNN) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Clene 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 = 9.06

Minimum Annual Increase = -76.74%

Minimum Annual Current Ratio = 0

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.53-27.20%
20222.11-76.74%
20219.0667.79%
20205.40145.74%
20192.20-38.24%
20183.56Infinity%

Clene Inc. (CLNN) Average Current Ratio

How has CLNN Current Ratio performed in the past?

The current Current Ratio of Clene Inc. (CLNN) 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

4.23

5-year avg

4.06

10-year avg

3.41

Clene Inc. (CLNN) Current Ratio vs. Peers

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

Clene Inc.’s Current Ratio is less than MediciNova, Inc. (0), less than Eliem Therapeutics, Inc. (16.66), less than Molecular Partners AG (60.41), less than Champions Oncology, Inc. (14.33), greater than Cyteir Therapeutics, Inc. (0.69), less than Century Therapeutics, Inc. (21.89), less than Kezar Life Sciences, Inc. (10.39), less than Mineralys Therapeutics, Inc. (7.65), less than Nkarta, Inc. (8.55), less than NGM Biopharmaceuticals, Inc. (12.91), less than Ikena Oncology, Inc. (7.79), less than Foghorn Therapeutics Inc. (15.32), less than Werewolf Therapeutics, Inc. (4.77), less than Immunome, Inc. (10.10), less than Sensei Biotherapeutics, Inc. (6.17), less than NextCure, Inc. (8.84), less than Nuvation Bio Inc. (9.07), less than Graphite Bio, Inc. (9.57), less than Merrimack Pharmaceuticals, Inc. (11.47), less than null (10.78),

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