InMed Pharmaceuticals Inc.

InMed Pharmaceuticals Inc.verified

INM

Price:

$0.243

Market Cap:

$3.24M

InMed Pharmaceuticals Inc., a clinical stage pharmaceutical company, researches and develops cannabinoid-based therapies. The company's lead product is INM-755, a cannabinol topical cream, which is in a second Phase I clinical trials for the treatment of epidermolysis bullosa. The company is also involved in developing INM-088, which is in preclinical studies for the treatment of glaucoma; and INM-405 for the treatment of pain. In addition, it engages in the development of cannabinoid-based treatments for various diseases, including dermatology and ocular diseases. Further, the company works on IND-enabling pharmacology and preclinical toxicology studies; and IntegraSyn, an integrated biosyn...[Read more]

Industry

Biotechnology

IPO Date

2014-05-05

Stock Exchange

NASDAQ

Ticker

INM

The Current Ratio as of November 2024 (TTM) for InMed Pharmaceuticals Inc. (INM) is 4.41

According to InMed Pharmaceuticals Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 4.41. This represents a change of -27.19% compared to the average of 6.05 of the last 4 quarters.

InMed Pharmaceuticals Inc. (INM) Historical Current Ratio (quarterly & annually)

How has INM Current Ratio performed in the past?

The mean historical Current Ratio of InMed Pharmaceuticals Inc. over the last ten years is 8.32. The current 4.41 Current Ratio has changed 5.20% with respect to the historical average. Over the past ten years (40 quarters), INM's Current Ratio was at its highest in in the December 2017 quarter at 44.88. The Current Ratio was at its lowest in in the March 2016 quarter at 0.13.

Quarterly (TTM)
Annual

Average

8.32

Median

4.09

Minimum

0.32

Maximum

28.51

InMed Pharmaceuticals Inc. (INM) Current Ratio by Quarter and Year

Discovering the peaks and valleys of InMed Pharmaceuticals 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 = 5.81%

Maximum Annual Current Ratio = 28.51

Minimum Annual Increase = -90.16%

Minimum Annual Current Ratio = 0.32

Quarterly (TTM)
Annual
YearCurrent RatioChange
20244.41-22.20%
20235.6695.90%
20222.89-23.55%
20213.780.43%
20203.77-68.27%
201911.87-58.37%
201828.5151.76%
201718.795.81%
20160.32-90.16%
20153.2322.01%

InMed Pharmaceuticals Inc. (INM) Average Current Ratio

How has INM Current Ratio performed in the past?

The current Current Ratio of InMed Pharmaceuticals Inc. (INM) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages

3-year avg

4.32

5-year avg

4.10

10-year avg

8.32

InMed Pharmaceuticals Inc. (INM) Current Ratio vs. Peers

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

InMed Pharmaceuticals Inc.’s Current Ratio is greater than Quoin Pharmaceuticals, Ltd. (3.35), greater than Allarity Therapeutics, Inc. (2.01), greater than Kiromic BioPharma, Inc. (0.35), less than Virax Biolabs Group Limited (25.94), greater than Biodexa Pharmaceuticals Plc (2.16), greater than SeaStar Medical Holding Corporation (0.24), less than Virios Therapeutics, Inc. (7.27), greater than ZyVersa Therapeutics, Inc. (0.06), greater than Sonnet BioTherapeutics Holdings, Inc. (1.65), greater than Revelation Biosciences, Inc. (1.10), greater than Palisade Bio, Inc. (4.31), less than Bright Minds Biosciences Inc. (35.08), greater than Tonix Pharmaceuticals Holding Corp. (1.15), less than Immix Biopharma, Inc. (7.00), greater than Phio Pharmaceuticals Corp. (3.47), greater than 180 Life Sciences Corp. (0.58), greater than Navidea Biopharmaceuticals, Inc. (0.56), greater than Sigilon Therapeutics, Inc. (1.78), greater than NovaBay Pharmaceuticals, Inc. (0.62), greater than GeoVax Labs, Inc. (0.60),

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