First Wave BioPharma, Inc.

First Wave BioPharma, Inc.verified

FWBI

Price:

$2.96

Market Cap:

$5.99M

First Wave BioPharma, Inc., a clinical-stage biopharmaceutical company, engages in the research and development of targeted and non-systemic therapies for the treatment of patients with gastrointestinal diseases. Its product candidates include niclosamide, an oral small molecule with anti-viral and anti-inflammatory properties; and the biologic adrulipase, a recombinant lipase enzyme designed to enable the digestion of fats and other nutrients. The company develops FW-COV, which is in Phase II clinical trials for the treatment of severe acute respiratory syndrome coronavirus 2 gastrointestinal infections; FW-UP, which is in Phase II clinical trials for the treatment ulcerative proctitis and ...[Read more]

Industry

Biotechnology

IPO Date

2016-10-11

Stock Exchange

NASDAQ

Ticker

FWBI

The Current Ratio as of September 2024 (TTM) for First Wave BioPharma, Inc. (FWBI) is 1.21

According to First Wave BioPharma, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.21. This represents a change of -5.19% compared to the average of 1.28 of the last 4 quarters.

First Wave BioPharma, Inc. (FWBI) Historical Current Ratio (quarterly & annually)

How has FWBI Current Ratio performed in the past?

The mean historical Current Ratio of First Wave BioPharma, Inc. over the last ten years is 0.92. The current 1.21 Current Ratio has changed 13.11% with respect to the historical average. Over the past ten years (40 quarters), FWBI's Current Ratio was at its highest in in the September 2020 quarter at 4.39. The Current Ratio was at its lowest in in the March 2015 quarter at 0.

Quarterly (TTM)
Annual

Average

0.92

Median

0.79

Minimum

0.23

Maximum

1.60

First Wave BioPharma, Inc. (FWBI) Current Ratio by Quarter and Year

Discovering the peaks and valleys of First Wave BioPharma, 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 = 1.60

Minimum Annual Increase = -50.37%

Minimum Annual Current Ratio = 0.23

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.5815.11%
20221.3779.34%
20210.7751.36%
20200.51-36.34%
20190.80-50.37%
20181.60103.45%
20170.79-37.80%
20161.27439.93%
20150.23-14.08%
20140.27Infinity%

First Wave BioPharma, Inc. (FWBI) Average Current Ratio

How has FWBI Current Ratio performed in the past?

The current Current Ratio of First Wave BioPharma, Inc. (FWBI) is less than than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

1.24

5-year avg

1.00

10-year avg

0.92

First Wave BioPharma, Inc. (FWBI) Current Ratio vs. Peers

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

First Wave BioPharma, Inc.’s Current Ratio is less than Quoin Pharmaceuticals, Ltd. (3.35), greater than Blue Water Vaccines, Inc. (0.54), less than PaxMedica, Inc. Common Stock (2.40), greater than Revelation Biosciences, Inc. (1.10), less than Hillstream BioPharma, Inc. (2.25), less than Dermata Therapeutics, Inc. (2.73), greater than Panbela Therapeutics, Inc. (0.05), greater than ContraFect Corporation (0.53), greater than SeaStar Medical Holding Corporation (0.24), less than Virios Therapeutics, Inc. (7.27), greater than ZyVersa Therapeutics, Inc. (0.06), less than Sonnet BioTherapeutics Holdings, Inc. (1.65), less than Cardio Diagnostics Holdings, Inc. (5.69), less than Sigilon Therapeutics, Inc. (1.78), less than X4 Pharmaceuticals, Inc. (6.07), less than Zura Bio Limited (12.57), greater than Apexigen, Inc. (0.82), less than Phio Pharmaceuticals Corp. (3.47), greater than eFFECTOR Therapeutics, Inc. (1.03), less than Immix Biopharma, Inc. (7.00),

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