MEI Pharma, Inc.

MEI Pharma, Inc.verified

MEIP

Price:

$3.0401

Market Cap:

$20.26M

MEI Pharma, Inc., a late-stage pharmaceutical company, focuses on the development and commercialization of various therapies for the treatment of cancer. The company develops Zandelisib, an oral phosphatidylinositol 3-kinase delta inhibitor that is in Phase III clinical trial for the treatment of patients with relapsed/refractory follicular lymphoma, as well as in Phase Ib multi-arm trial to treat B-cell malignancies; and Voruciclib, an oral cyclin-dependent kinase 9 inhibitor, which is in Phase Ib clinical trial for acute myeloid leukemia and B-cell malignancies. It also develops ME-344, a mitochondrial inhibitor targeting the oxidative phosphorylation complex that is in Phase I clinical tr...[Read more]

Industry

Biotechnology

IPO Date

2003-12-18

Stock Exchange

NASDAQ

Ticker

MEIP

The Current Ratio as of September 2024 (TTM) for MEI Pharma, Inc. (MEIP) is 6.17

According to MEI Pharma, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 6.17. This represents a change of -17.73% compared to the average of 7.50 of the last 4 quarters.

MEI Pharma, Inc. (MEIP) Historical Current Ratio (quarterly & annually)

How has MEIP Current Ratio performed in the past?

The mean historical Current Ratio of MEI Pharma, Inc. over the last ten years is 8.90. The current 6.17 Current Ratio has changed 6.84% with respect to the historical average. Over the past ten years (40 quarters), MEIP's Current Ratio was at its highest in in the September 2018 quarter at 19.74. The Current Ratio was at its lowest in in the September 2016 quarter at 3.52.

Quarterly (TTM)
Annual

Average

8.90

Median

8.72

Minimum

5.29

Maximum

13.23

MEI Pharma, Inc. (MEIP) Current Ratio by Quarter and Year

Discovering the peaks and valleys of MEI Pharma, 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 = 55.77%

Maximum Annual Current Ratio = 13.23

Minimum Annual Increase = -56.56%

Minimum Annual Current Ratio = 5.29

Quarterly (TTM)
Annual
YearCurrent RatioChange
20235.29-22.68%
20226.8425.67%
20215.44-39.23%
20208.9555.77%
20195.75-56.56%
201813.2316.38%
201711.3734.05%
20168.48-34.57%
201512.9621.39%
201410.68-50.36%

MEI Pharma, Inc. (MEIP) Average Current Ratio

How has MEIP Current Ratio performed in the past?

The current Current Ratio of MEI Pharma, Inc. (MEIP) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

5.85

5-year avg

6.45

10-year avg

8.90

MEI Pharma, Inc. (MEIP) Current Ratio vs. Peers

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

MEI Pharma, Inc.’s Current Ratio is less than Magenta Therapeutics, Inc. (14.64), less than Kezar Life Sciences, Inc. (9.58), greater than Vincerx Pharma, Inc. (3.43), greater than Avenue Therapeutics, Inc. (4.30), greater than Assembly Biosciences, Inc. (2.74), less than Neoleukin Therapeutics, Inc. (15.33), less than Instil Bio, Inc. (15.06), greater than CytomX Therapeutics, Inc. (1.00), less than Achilles Therapeutics plc (8.24), less than Ocular Therapeutix, Inc. (16.64), greater than Spero Therapeutics, Inc. (2.68), less than Acumen Pharmaceuticals, Inc. (17.37), greater than HOOKIPA Pharma Inc. (3.86), greater than Day One Biopharmaceuticals, Inc. (4.09), less than Inozyme Pharma, Inc. (9.84), less than Terns Pharmaceuticals, Inc. (21.02), greater than Revelation Biosciences, Inc. (1.10), less than Zura Bio Limited (12.57), greater than Phio Pharmaceuticals Corp. (3.47), greater than ZyVersa Therapeutics, Inc. (0.06), greater than TransCode Therapeutics, Inc. (1.25),

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