LEXX
Price:
$2.21
Market Cap:
$38.57M
Lexaria Bioscience Corp. operates as a biotechnology company. Its patented drug delivery technology, DehydraTECH, improves the way active pharmaceutical ingredients enter the bloodstream by promoting effective oral delivery. The company's DehydraTECH has demonstrated the ability to increase bio-absorption with cannabinoids and nicotine by 5-10x and in some instances with cannabinoids by 27x compared to standard industry formulations, reduce time of onset from 1 - 2 hours to minutes, and mask unwanted tastes; and is also being evaluated for orally administered anti-viral drugs, non-steroidal anti-inflammatory drugs (NSAIDs), PDE5 inhibitors, and others. DehydraTECH also deliver drugs effectiv...[Read more]
Industry
Biotechnology
IPO Date
2021-01-12
Stock Exchange
NASDAQ
Ticker
LEXX
According to Lexaria Bioscience Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 7.18. This represents a change of -81.27% compared to the average of 38.34 of the last 4 quarters.
The mean historical Current Ratio of Lexaria Bioscience Corp. over the last ten years is 24.69. The current 7.18 Current Ratio has changed 2.81% with respect to the historical average. Over the past ten years (40 quarters), LEXX's Current Ratio was at its highest in in the August 2021 quarter at 81.18. The Current Ratio was at its lowest in in the May 2016 quarter at 0.84.
Average
24.69
Median
11.05
Minimum
1.18
Maximum
81.18
Discovering the peaks and valleys of Lexaria Bioscience Corp. 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 = 11.74%
Maximum Annual Current Ratio = 81.18
Minimum Annual Increase = -90.39%
Minimum Annual Current Ratio = 1.18
Year | Current Ratio | Change |
---|---|---|
2024 | 7.18 | -12.57% |
2023 | 8.22 | -77.15% |
2022 | 35.96 | -55.70% |
2021 | 81.18 | 852.25% |
2020 | 8.53 | -13.52% |
2019 | 9.86 | -81.17% |
2018 | 52.34 | 72.90% |
2017 | 30.27 | 2.47% |
2016 | 1.18 | -90.39% |
2015 | 12.24 | 11.74% |
The current Current Ratio of Lexaria Bioscience Corp. (LEXX) 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
17.12
5-year avg
28.21
10-year avg
24.69
Lexaria Bioscience Corp.’s Current Ratio is greater than Revelation Biosciences, Inc. (1.64), less than Zura Bio Limited (10.36), greater than Phio Pharmaceuticals Corp. (6.38), less than ZyVersa Therapeutics, Inc. (33.83), greater than TransCode Therapeutics, Inc. (1.58), greater than Immix Biopharma, Inc. (3.47), greater than CNS Pharmaceuticals, Inc. (1.82), greater than eFFECTOR Therapeutics, Inc. (1.03), greater than Navidea Biopharmaceuticals, Inc. (0.56), greater than Sonnet BioTherapeutics Holdings, Inc. (0.66), greater than SeaStar Medical Holding Corporation (0.54), less than Virios Therapeutics, Inc. (7.27), less than Biodexa Pharmaceuticals Plc (0), greater than Oncorus, Inc. (2.16), greater than null (1.74),
Company | Current Ratio | Market cap |
---|---|---|
1.64 | $2.51M | |
10.36 | $151.48M | |
6.38 | $2.32M | |
33.83 | $2.70M | |
1.58 | $2.45M | |
3.47 | $59.97M | |
1.82 | $6.27M | |
1.03 | $941.00 | |
0.56 | $10.01K | |
0.66 | $4.27M | |
0.54 | $9.06M | |
7.27 | $206.50K | |
0 | $996.56M | |
2.16 | $0 | |
1.74 | $0 |
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