Innovation Pharmaceuticals Inc.

Innovation Pharmaceuticals Inc.verified

IPIX

Price:

$0.0001

Market Cap:

$104.14K

Innovation Pharmaceuticals Inc., a clinical stage biopharmaceutical company, develops small molecule therapies to treat inflammatory diseases, cancer, dermatology, and anti- infective. Its lead drug candidate is Brilacidin, a therapeutic for the treatment of oral mucositis, inflammatory bowel disease, acute bacterial skin and skin structure infection, and COVID-19. The company is also developing Kevetrin, an anti-cancer compound for treating ovarian cancer. It has a license agreement with Alfasigma S.p.A.; and collaborative research agreement with Fox Chase Chemical Diversity Center, Inc. The company was formerly known as Cellceutix Corporation and changed its name to Innovation Pharmaceutic...[Read more]

Industry

Biotechnology

IPO Date

2007-05-04

Stock Exchange

PNK

Ticker

IPIX

The Current Ratio as of September 2024 (TTM) for Innovation Pharmaceuticals Inc. (IPIX) is 0.19

According to Innovation Pharmaceuticals Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.19. This represents a change of -48.18% compared to the average of 0.36 of the last 4 quarters.

Innovation Pharmaceuticals Inc. (IPIX) Historical Current Ratio (quarterly & annually)

How has IPIX Current Ratio performed in the past?

The mean historical Current Ratio of Innovation Pharmaceuticals Inc. over the last ten years is 0.70. The current 0.19 Current Ratio has changed 2.57% with respect to the historical average. Over the past ten years (40 quarters), IPIX's Current Ratio was at its highest in in the December 2021 quarter at 2.22. The Current Ratio was at its lowest in in the December 2019 quarter at 0.03.

Quarterly (TTM)
Annual

Average

0.70

Median

0.68

Minimum

0.09

Maximum

1.63

Innovation Pharmaceuticals Inc. (IPIX) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Innovation 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 = 867.92%

Maximum Annual Current Ratio = 1.63

Minimum Annual Increase = -71.36%

Minimum Annual Current Ratio = 0.09

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.33-60.41%
20220.82-49.72%
20211.6397.18%
20200.83867.92%
20190.09-71.36%
20180.30-29.31%
20170.42-46.33%
20160.79-34.42%
20151.20108.69%
20140.5858.40%

Innovation Pharmaceuticals Inc. (IPIX) Average Current Ratio

How has IPIX Current Ratio performed in the past?

The current Current Ratio of Innovation Pharmaceuticals Inc. (IPIX) 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

0.93

5-year avg

0.74

10-year avg

0.70

Innovation Pharmaceuticals Inc. (IPIX) Current Ratio vs. Peers

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

Innovation Pharmaceuticals Inc.’s Current Ratio is less than Mace Security International, Inc. (1.74), less than Isonics Corporation (0), greater than CytoDyn Inc. (0.13), greater than Decision Diagnostics Corp. (0), greater than Vystar Corporation (0.08),

Build a custom stock screener for Innovation Pharmaceuticals Inc. (IPIX) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Innovation Pharmaceuticals Inc. using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

Innovation Pharmaceuticals Inc. (IPIX) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Innovation Pharmaceuticals Inc. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the Current Ratio?

How can you use the Current Ratio?

What is Innovation Pharmaceuticals Inc.'s Current Ratio?

How is the Current Ratio calculated for Innovation Pharmaceuticals Inc. (IPIX)?

What is the highest Current Ratio for Innovation Pharmaceuticals Inc. (IPIX)?

What is the 3-year average Current Ratio for Innovation Pharmaceuticals Inc. (IPIX)?

What is the 5-year average Current Ratio for Innovation Pharmaceuticals Inc. (IPIX)?

How does the current Current Ratio for Innovation Pharmaceuticals Inc. (IPIX) compare to its historical average?