IXHL
Price:
$1.75
Market Cap:
$30.87M
Incannex Healthcare Limited engages in the research, development, and sale of medicinal cannabinoid products in Australia. It offers pharmaceutical grade cannabinoid products under the Incannex brand name. The company's products include IHL-42X, which is in Phase II clinical trials for obstructive sleep apnea; IHL-216A for traumatic brain injury; and IHL-675A, a combination of hydroxychloroquine and cannabidiol for the prevention and treatment of inflammatory lung conditions, such as acute respiratory distress syndrome, chronic obstructive pulmonary disease, asthma, and bronchitis, as well as rheumatoid arthritis and inflammatory bowel diseases. It has partnership with The Alfred Hospital an...[Read more]
Industry
Drug Manufacturers - Specialty & Generic
IPO Date
2022-03-02
Stock Exchange
NASDAQ
Ticker
IXHL
According to Incannex Healthcare Limited’s latest financial reports and current stock price. The company's current Current Ratio is 2.88. This represents a change of -79.49% compared to the average of 14.06 of the last 4 quarters.
The mean historical Current Ratio of Incannex Healthcare Limited over the last ten years is 5.02. The current 2.88 Current Ratio has changed 5.64% with respect to the historical average. Over the past ten years (40 quarters), IXHL's Current Ratio was at its highest in in the June 2007 quarter at 41.62. The Current Ratio was at its lowest in in the June 2016 quarter at 0.11.
Average
5.02
Median
1.99
Minimum
0.11
Maximum
18.84
Discovering the peaks and valleys of Incannex Healthcare Limited 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 = 895.73%
Maximum Annual Current Ratio = 18.84
Minimum Annual Increase = -89.90%
Minimum Annual Current Ratio = 0.11
Year | Current Ratio | Change |
---|---|---|
2024 | 2.88 | -68.03% |
2023 | 9.02 | -52.13% |
2022 | 18.84 | 52.49% |
2021 | 12.36 | 212.56% |
2020 | 3.95 | 864.81% |
2019 | 0.41 | -17.07% |
2018 | 0.49 | -54.59% |
2017 | 1.09 | 895.73% |
2016 | 0.11 | -89.90% |
2015 | 1.08 | -39.52% |
The current Current Ratio of Incannex Healthcare Limited (IXHL) 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
10.25
5-year avg
9.41
10-year avg
5.02
Incannex Healthcare Limited’s Current Ratio is greater than Delta 9 Cannabis Inc. (0.30), less than RAMM Pharma Corp. (3.48), greater than City View Green Holdings Inc. (0.00), greater than Craftport Cannabis Corp. (0.03), greater than Speakeasy Cannabis Club Ltd. (1.04), greater than Eagle Pharmaceuticals, Inc. (1.70), greater than ANI Pharmaceuticals, Inc. (2.74), less than Phibro Animal Health Corporation (3.23), less than Deciphera Pharmaceuticals, Inc. (4.19), less than Prestige Consumer Healthcare Inc. (3.56), greater than Collegium Pharmaceutical, Inc. (0.97), greater than Silver Spike Investment Corp. (0), less than Regencell Bioscience Holdings Limited (41.92), greater than Procaps Group S.A. (1.47), greater than Sihuan Pharmaceutical Holdings Group Ltd. (1.64),
Company | Current Ratio | Market cap |
---|---|---|
0.30 | $1.38M | |
3.48 | $15.16M | |
0.00 | $730.24K | |
0.03 | $6.27B | |
1.04 | $1.31K | |
1.70 | $6.74M | |
2.74 | $1.14B | |
3.23 | $876.50M | |
4.19 | $2.21B | |
3.56 | $3.89B | |
0.97 | $937.19M | |
0 | $66.72M | |
41.92 | $67.32M | |
1.47 | $279.80M | |
1.64 | $455.30M |
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