Innovent Biologics, Inc.

Innovent Biologics, Inc.verified

IVBXF

Price:

$4.58

Market Cap:

$55.06B

Innovent Biologics, Inc. operates as a biopharmaceutical company in China. The company operates a platform for the discovery, development, and manufacture of antibody drug candidates in the fields of oncology, ophthalmology, immunology, and metabolic diseases. Its principal drug candidate is Tyvyt (sintilimab), an anti-PD-1 monoclonal antibody for the treatment of cancer, Hodgkin's lymphoma, and esophageal carcinoma. The company also offers Byvasda for the treatment of several malignant tumors; Halpryza for the treatment of non-Hodgkin's lymphoma, chronic lymphocytic leukemia and Wegener's granulomatosis; Pemazyre for the treatment of adults with locally advanced or metastatic cholangiocarci...[Read more]

Industry

Biotechnology

IPO Date

2019-09-04

Stock Exchange

PNK

Ticker

IVBXF

The Current Ratio as of December 2024 (TTM) for Innovent Biologics, Inc. (IVBXF) is 3.00

According to Innovent Biologics, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 3.00. This represents a change of 100.00% compared to the average of 1.50 of the last 4 quarters.

Innovent Biologics, Inc. (IVBXF) Historical Current Ratio (quarterly & annually)

How has IVBXF Current Ratio performed in the past?

The mean historical Current Ratio of Innovent Biologics, Inc. over the last ten years is 7.76. The current 3.00 Current Ratio has changed 3.77% with respect to the historical average. Over the past ten years (40 quarters), IVBXF's Current Ratio was at its highest in in the September 2017 quarter at 8.85. The Current Ratio was at its lowest in in the March 2017 quarter at 0.

Quarterly (TTM)
Annual

Average

7.76

Median

5.80

Minimum

3.00

Maximum

24.55

Innovent Biologics, Inc. (IVBXF) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Innovent Biologics, 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 = 21.87%

Maximum Annual Current Ratio = 24.55

Minimum Annual Increase = -63.93%

Minimum Annual Current Ratio = 3.00

Quarterly (TTM)
Annual
YearCurrent RatioChange
20233.00-8.79%
20223.29-13.17%
20213.79-40.56%
20206.3721.87%
20195.23-25.22%
20186.99-21.05%
20178.85-63.93%

Innovent Biologics, Inc. (IVBXF) Average Current Ratio

How has IVBXF Current Ratio performed in the past?

The current Current Ratio of Innovent Biologics, Inc. (IVBXF) 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

3.36

5-year avg

4.33

10-year avg

7.76

Innovent Biologics, Inc. (IVBXF) Current Ratio vs. Peers

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

Innovent Biologics, Inc.’s Current Ratio is greater than Telix Pharmaceuticals Limited (0.99), less than Keros Therapeutics, Inc. (19.03), greater than MAIA Biotechnology, Inc. (2.56), less than Graphite Bio, Inc. (11.47), less than Genscript Biotech Corporation (0), less than Oxford Nanopore Technologies plc (4.15), less than Nuvalent, Inc. (4.45), less than Crinetics Pharmaceuticals, Inc. (23.07), less than Inhibrx Biosciences, Inc. (16.38), less than Merus N.V. (4.70), less than Lyell Immunopharma, Inc. (8.32), less than Kronos Bio, Inc. (13.43), less than Theseus Pharmaceuticals, Inc. (8.32), less than Cullinan Oncology, Inc. (29.93), less than Mersana Therapeutics, Inc. (24.46), greater than Relay Therapeutics, Inc. (2.35), less than Arcus Biosciences, Inc. (18.42), less than null (5.24),

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