Neuren Pharmaceuticals Limited

Neuren Pharmaceuticals Limitedverified

NEU.AX

Price:

$11.91

Market Cap:

$1.52B

Neuren Pharmaceuticals Limited, a biopharmaceutical company, develops drugs for the treatment of neurological disorders. Its lead product is trofinetide, which is in Phase III clinical trial for the treatment of Rett syndrome, as well as has completed Phase II clinical trial to treat Fragile X syndrome. The company also develops NNZ-2591, which has completed Phase I clinical trial for the treatment of Phelan-McDermid, Angelman, Pitt Hopkins, and Prader-Will syndromes. In addition, it provides development services; and holds loan funded shares. The company was incorporated in 2001 and is based in Camberwell, Australia.[Read more]

Industry

Biotechnology

IPO Date

2005-02-01

Stock Exchange

ASX

Ticker

NEU.AX

The Current Ratio as of January 2025 (TTM) for Neuren Pharmaceuticals Limited (NEU.AX) is 25.42

According to Neuren Pharmaceuticals Limited’s latest financial reports and current stock price. The company's current Current Ratio is 25.42. This represents a change of 39.27% compared to the average of 18.25 of the last 4 quarters.

Neuren Pharmaceuticals Limited (NEU.AX) Historical Current Ratio (quarterly & annually)

How has NEU.AX Current Ratio performed in the past?

The mean historical Current Ratio of Neuren Pharmaceuticals Limited over the last ten years is 18.08. The current 25.42 Current Ratio has changed 13.96% with respect to the historical average. Over the past ten years (40 quarters), NEU.AX's Current Ratio was at its highest in in the December 2021 quarter at 49.87. The Current Ratio was at its lowest in in the June 2009 quarter at 0.

Quarterly (TTM)
Annual

Average

18.08

Median

11.84

Minimum

2.99

Maximum

49.87

Neuren Pharmaceuticals Limited (NEU.AX) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Neuren Pharmaceuticals 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 = 240.94%

Maximum Annual Current Ratio = 49.87

Minimum Annual Increase = -77.57%

Minimum Annual Current Ratio = 2.99

Quarterly (TTM)
Annual
YearCurrent RatioChange
20235.78-77.57%
202225.77-48.32%
202149.8750.55%
202033.1228.62%
201925.7590.74%
201813.5032.62%
201710.18240.94%
20162.99-55.20%
20156.67-7.37%
20147.20-43.04%

Neuren Pharmaceuticals Limited (NEU.AX) Average Current Ratio

How has NEU.AX Current Ratio performed in the past?

The current Current Ratio of Neuren Pharmaceuticals Limited (NEU.AX) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages

3-year avg

27.14

5-year avg

28.06

10-year avg

18.08

Neuren Pharmaceuticals Limited (NEU.AX) Current Ratio vs. Peers

How is NEU.AX’s Current Ratio compared to its peers?

Neuren Pharmaceuticals Limited’s Current Ratio is greater than Telix Pharmaceuticals Limited (0.99), greater than Clinuvel Pharmaceuticals Limited (8.81), less than Antisense Therapeutics Limited (0), greater than Starpharma Holdings Limited (4.94), greater than Pharmaxis Ltd (7.21),

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