LRMR
Price:
$6.16
Market Cap:
$393.05M
Larimar Therapeutics, Inc., a clinical-stage biotechnology company, focuses on developing treatments for rare diseases using its novel cell penetrating peptide technology platform. Its lead product candidate is CTI-1601, which is in Phase 1 clinical trial for the treatment of Friedreich's ataxia, a rare, progressive, and fatal genetic disease. The company is based in Bala Cynwyd, Pennsylvania.[Read more]
Industry
Biotechnology
IPO Date
2014-06-19
Stock Exchange
NASDAQ
Ticker
LRMR
According to Larimar Therapeutics, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 13.10. This represents a change of 1.73% compared to the average of 12.87 of the last 4 quarters.
The mean historical Current Ratio of Larimar Therapeutics, Inc. over the last ten years is 10.57. The current 13.10 Current Ratio has changed 12.29% with respect to the historical average. Over the past ten years (40 quarters), LRMR's Current Ratio was at its highest in in the March 2015 quarter at 24.80. The Current Ratio was at its lowest in in the March 2019 quarter at 0.32.
Average
10.57
Median
11.09
Minimum
0.81
Maximum
16.98
Discovering the peaks and valleys of Larimar Therapeutics, 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 = 1.25%
Maximum Annual Current Ratio = 16.98
Minimum Annual Increase = -91.16%
Minimum Annual Current Ratio = 0.81
Year | Current Ratio | Change |
---|---|---|
2023 | 9.49 | -15.89% |
2022 | 11.28 | 38.18% |
2021 | 8.16 | -25.07% |
2020 | 10.89 | 1.25% |
2019 | 0.81 | -91.16% |
2018 | 9.12 | -36.62% |
2017 | 14.39 | 8.74% |
2016 | 13.23 | 16.35% |
2015 | 11.37 | -33.04% |
The current Current Ratio of Larimar Therapeutics, Inc. (LRMR) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
9.64
5-year avg
8.13
10-year avg
10.57
Larimar Therapeutics, Inc.’s Current Ratio is less than Vaxcyte, Inc. (17.88), greater than Syndax Pharmaceuticals, Inc. (6.99), greater than Merus N.V. (8.32), greater than Sutro Biopharma, Inc. (3.09), greater than Immuneering Corporation (7.99), less than Centessa Pharmaceuticals plc (21.52), greater than Celcuity Inc. (10.36), less than Ikena Oncology, Inc. (15.32), greater than Spero Therapeutics, Inc. (2.68), greater than Bolt Biotherapeutics, Inc. (3.16), greater than Coherus BioSciences, Inc. (1.25), greater than Gracell Biotechnologies Inc. (7.73), less than Neoleukin Therapeutics, Inc. (15.33), greater than Surrozen, Inc. (7.40), less than Keros Therapeutics, Inc. (19.03), greater than Kezar Life Sciences, Inc. (7.65), greater than Cabaletta Bio, Inc. (8.11), greater than Homology Medicines, Inc. (4.19), less than Day One Biopharmaceuticals, Inc. (14.62), greater than Alector, Inc. (3.29),
Company | Current Ratio | Market cap |
---|---|---|
17.88 | $11.04B | |
6.99 | $1.37B | |
8.32 | $3.11B | |
3.09 | $206.97M | |
7.99 | $65.21M | |
21.52 | $2.06B | |
10.36 | $489.74M | |
15.32 | $82.52M | |
2.68 | $63.24M | |
3.16 | $22.14M | |
1.25 | $125.58M | |
7.73 | $989.87M | |
15.33 | $8.20M | |
7.40 | $29.74M | |
19.03 | $2.27B | |
7.65 | $54.72M | |
8.11 | $91.40M | |
4.19 | $3.02M | |
14.62 | $1.38B | |
3.29 | $385.85M |
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