Galmed Pharmaceuticals Ltd.

Galmed Pharmaceuticals Ltd.verified

GLMD

Price:

$3.89

Market Cap:

$2.50M

Galmed Pharmaceuticals Ltd., a clinical-stage biopharmaceutical company, focuses on the development of therapeutics for the treatment of liver diseases. It develops Aramchol, an oral therapy, which is in Phase III study for the treatment of non-alcoholic steato-hepatitis (NASH) in patients with overweight or obesity and who are pre-diabetic or type-II-diabetes mellitus. The company also evaluates Aramchol through ARRIVE Study, a Phase IIa clinical trial with HIV-associated non-alcoholic fatty liver disease and lipodystrophy. In addition, it engages in the development of Amilo-5MER, a 5 amino acid synthetic peptide methionine, threonine, alanine, aspartic acid, and valine. It has a research a...[Read more]

Industry

Biotechnology

IPO Date

2014-03-13

Stock Exchange

NASDAQ

Ticker

GLMD

The Current Ratio as of September 2024 (TTM) for Galmed Pharmaceuticals Ltd. (GLMD) is 6.48

According to Galmed Pharmaceuticals Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 6.48. This represents a change of 6.19% compared to the average of 6.11 of the last 4 quarters.

Galmed Pharmaceuticals Ltd. (GLMD) Historical Current Ratio (quarterly & annually)

How has GLMD Current Ratio performed in the past?

The mean historical Current Ratio of Galmed Pharmaceuticals Ltd. over the last ten years is 11.30. The current 6.48 Current Ratio has changed 5.64% with respect to the historical average. Over the past ten years (40 quarters), GLMD's Current Ratio was at its highest in in the September 2018 quarter at 43.29. The Current Ratio was at its lowest in in the June 2017 quarter at 2.59.

Quarterly (TTM)
Annual

Average

11.30

Median

6.30

Minimum

3.44

Maximum

33.41

Galmed Pharmaceuticals Ltd. (GLMD) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Galmed Pharmaceuticals Ltd. 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 = 31.65%

Maximum Annual Current Ratio = 33.41

Minimum Annual Increase = -68.00%

Minimum Annual Current Ratio = 3.44

Quarterly (TTM)
Annual
YearCurrent RatioChange
20234.811.16%
20224.76-22.40%
20216.13-5.16%
20206.47-41.33%
201911.02-67.01%
201833.41571.26%
20174.9844.87%
20163.44-62.66%
20159.20-68.00%
201428.7631.65%

Galmed Pharmaceuticals Ltd. (GLMD) Average Current Ratio

How has GLMD Current Ratio performed in the past?

The current Current Ratio of Galmed Pharmaceuticals Ltd. (GLMD) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

5.24

5-year avg

6.64

10-year avg

11.30

Galmed Pharmaceuticals Ltd. (GLMD) Current Ratio vs. Peers

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

Galmed Pharmaceuticals Ltd.’s Current Ratio is less than Affimed N.V. (0), greater than Abeona Therapeutics Inc. (2.71), less than Akebia Therapeutics, Inc. (7.48), greater than Kodiak Sciences Inc. (1.04), less than Mereo BioPharma Group plc (10.59), greater than Adverum Biotechnologies, Inc. (6.07), less than Adaptimmune Therapeutics plc (7.99), greater than Pieris Pharmaceuticals, Inc. (3.09), greater than PDS Biotechnology Corporation (3.95), greater than Leap Therapeutics, Inc. (3.84), greater than Fortress Biotech, Inc. (5.10), greater than Mustang Bio, Inc. (1.37), greater than Achilles Therapeutics plc (0.46), less than Aptose Biosciences Inc. (8.24), greater than Fortress Biotech, Inc. (0.80), greater than null (1.37),

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