Inhibikase Therapeutics, Inc.

Inhibikase Therapeutics, Inc.verified

IKT

Price:

$2.96

Market Cap:

$198.89M

Inhibikase Therapeutics, Inc., a clinical stage pharmaceutical company, develops therapeutics for Parkinson's Disease (PD) and related disorders that arise inside and outside of the brain. The company's product candidates include IkT-148009, a small molecule Abelson tyrosine kinase inhibitor for use in the treatment of PD, as well as gastrointestinal complications that arise as early symptoms of PD, such as swallowing, dysphagia, neurogenic constipation, and multiple system atrophy; and IkT-001Pro, a prodrug of the anti-cancer agent Imatinib that is in preclinical development to minimize gastrointestinal side effects and for the treatment of blood and stomach cancers. It is also involved in ...[Read more]

Industry

Biotechnology

IPO Date

2020-12-23

Stock Exchange

NASDAQ

Ticker

IKT

The Current Ratio as of December 2024 (TTM) for Inhibikase Therapeutics, Inc. (IKT) is 0.85

According to Inhibikase Therapeutics, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.85. This represents a change of -65.37% compared to the average of 2.47 of the last 4 quarters.

Inhibikase Therapeutics, Inc. (IKT) Historical Current Ratio (quarterly & annually)

How has IKT Current Ratio performed in the past?

The mean historical Current Ratio of Inhibikase Therapeutics, Inc. over the last ten years is 3.11. The current 0.85 Current Ratio has changed 2.65% with respect to the historical average. Over the past ten years (40 quarters), IKT's Current Ratio was at its highest in in the June 2021 quarter at 25.73. The Current Ratio was at its lowest in in the March 2017 quarter at 0.

Quarterly (TTM)
Annual

Average

3.11

Median

1.74

Minimum

0.01

Maximum

10.47

Inhibikase Therapeutics, Inc. (IKT) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Inhibikase 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 = 37.53%

Maximum Annual Current Ratio = 10.47

Minimum Annual Increase = -97.59%

Minimum Annual Current Ratio = 0.01

Quarterly (TTM)
Annual
YearCurrent RatioChange
20234.13-37.33%
20226.59-37.04%
202110.47234.59%
20203.1337.53%
20190.01-97.59%
20180.35200.95%
20170.11116.80%

Inhibikase Therapeutics, Inc. (IKT) Average Current Ratio

How has IKT Current Ratio performed in the past?

The current Current Ratio of Inhibikase Therapeutics, Inc. (IKT) 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

7.07

5-year avg

4.87

10-year avg

3.11

Inhibikase Therapeutics, Inc. (IKT) Current Ratio vs. Peers

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

Inhibikase Therapeutics, Inc.’s Current Ratio is less than DiaMedica Therapeutics Inc. (11.81), less than Milestone Pharmaceuticals Inc. (15.40), less than Seres Therapeutics, Inc. (1.12), less than Oncolytics Biotech Inc. (2.99), less than scPharmaceuticals Inc. (8.08), less than aTyr Pharma, Inc. (6.07), less than Sio Gene Therapies Inc. (0), less than Kaleido Biosciences, Inc. (5.52), greater than Tempest Therapeutics, Inc. (0), less than AN2 Therapeutics, Inc. (1.69), less than Miromatrix Medical Inc. (9.75), less than PMV Pharmaceuticals, Inc. (3.46), less than Anebulo Pharmaceuticals, Inc. (13.98), less than Nutriband Inc. (3.45), less than Quoin Pharmaceuticals, Ltd. (4.96), less than Longeveron Inc. (3.02), less than RenovoRx, Inc. (7.67), less than Virax Biolabs Group Limited (5.66), less than null (25.94),

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