Cellectar Biosciences, Inc.

Cellectar Biosciences, Inc.verified

CLRB

Price:

$2.08

Market Cap:

$74.57M

Cellectar Biosciences, Inc., a clinical biopharmaceutical company, focuses on the discovery, development, and commercialization of drugs for the treatment of cancer. Its lead phospholipid drug conjugate (PDC) candidate is CLR 131 (iopofosine I-131), which is in Phase 2 clinical study in patients with relapsed or refractory (r/r) Waldenstrom's macroglobulinemia and B-cell malignancies; Phase 2B clinical study in r/r multiple myeloma (MM) patients; and Phase I study for various pediatric cancers, r/r head and neck cancers, and R/R MM. The company also develops CLR 1900, a PDC chemotherapeutic program that is in the preclinical development stage to treat solid tumors. It has collaborative PDC p...[Read more]

Industry

Biotechnology

IPO Date

2005-11-10

Stock Exchange

NASDAQ

Ticker

CLRB

The Current Ratio as of September 2024 (TTM) for Cellectar Biosciences, Inc. (CLRB) is 2.54

According to Cellectar Biosciences, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 2.54. This represents a change of 86.91% compared to the average of 1.36 of the last 4 quarters.

Cellectar Biosciences, Inc. (CLRB) Historical Current Ratio (quarterly & annually)

How has CLRB Current Ratio performed in the past?

The mean historical Current Ratio of Cellectar Biosciences, Inc. over the last ten years is 6.05. The current 2.54 Current Ratio has changed 4.11% with respect to the historical average. Over the past ten years (40 quarters), CLRB's Current Ratio was at its highest in in the December 2020 quarter at 16.26. The Current Ratio was at its lowest in in the June 2014 quarter at 0.49.

Quarterly (TTM)
Annual

Average

6.05

Median

4.81

Minimum

0.73

Maximum

16.26

Cellectar Biosciences, Inc. (CLRB) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Cellectar 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 = 918.67%

Maximum Annual Current Ratio = 16.26

Minimum Annual Increase = -83.49%

Minimum Annual Current Ratio = 0.73

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.81-78.24%
20223.71-59.49%
20219.16-43.64%
202016.26295.58%
20194.11-52.21%
20188.6066.27%
20175.17-30.73%
20167.47918.67%
20150.73-83.49%
20144.44625.42%

Cellectar Biosciences, Inc. (CLRB) Average Current Ratio

How has CLRB Current Ratio performed in the past?

The current Current Ratio of Cellectar Biosciences, Inc. (CLRB) 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

4.56

5-year avg

6.81

10-year avg

6.05

Cellectar Biosciences, Inc. (CLRB) Current Ratio vs. Peers

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

Cellectar Biosciences, Inc.’s Current Ratio is less than Diffusion Pharmaceuticals Inc. (0), less than Monopar Therapeutics Inc. (10.96), less than Pulmatrix, Inc. (6.59), less than Tenax Therapeutics, Inc. (6.33), less than Bio-Path Holdings, Inc. (6.10), greater than Catalyst Biosciences, Inc. (1.67), greater than Capricor Therapeutics, Inc. (0), greater than NextCure, Inc. (1.37), less than Longboard Pharmaceuticals, Inc. (8.35), less than Lumos Pharma, Inc. (20.95), less than ImmunoCellular Therapeutics, Ltd. (4.23), greater than Bolt Biotherapeutics, Inc. (0), less than Applied Molecular Transport Inc. (4.28), less than Aileron Therapeutics, Inc. (4.99), less than Benitec Biopharma Inc. (4.69), less than null (4.18),

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