9 Meters Biopharma, Inc.

9 Meters Biopharma, Inc.verified

NMTR

Price:

$0.0722

Market Cap:

$1.04M

9 Meters Biopharma, Inc., a clinical-stage biopharmaceutical company, focuses on treatments for people with rare digestive diseases, gastrointestinal conditions with unmet needs, and debilitating disorders. The company is developing Larazotide, an 8-amino acid peptide, which is in Phase 3 clinical trial for the treatment of celiac disease, as well as in Phase IIa clinical trial for treatment of multi-system inflammatory syndrome; and Vurolenatide, a long-acting injectable glucagon-like-peptide-1 that is in Phase 2 clinical trial to treat short bowel syndrome. It also develops NM-102, a small molecule peptide; NM-003, a proprietary long-acting glucagon-like peptide-2 receptor agonist for prev...[Read more]

Industry

Biotechnology

IPO Date

2016-07-11

Stock Exchange

NASDAQ

Ticker

NMTR

The Current Ratio as of September 2024 (TTM) for 9 Meters Biopharma, Inc. (NMTR) is 0.59

According to 9 Meters Biopharma, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.59. This represents a change of -63.42% compared to the average of 1.61 of the last 4 quarters.

9 Meters Biopharma, Inc. (NMTR) Historical Current Ratio (quarterly & annually)

How has NMTR Current Ratio performed in the past?

The mean historical Current Ratio of 9 Meters Biopharma, Inc. over the last ten years is 1.64. The current 0.59 Current Ratio has changed 3.50% with respect to the historical average. Over the past ten years (40 quarters), NMTR's Current Ratio was at its highest in in the June 2021 quarter at 9.80. The Current Ratio was at its lowest in in the September 2014 quarter at 0.

Quarterly (TTM)
Annual

Average

1.64

Median

0.70

Minimum

0.14

Maximum

5.91

9 Meters Biopharma, Inc. (NMTR) Current Ratio by Quarter and Year

Discovering the peaks and valleys of 9 Meters Biopharma, 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 = 1.52%

Maximum Annual Current Ratio = 5.91

Minimum Annual Increase = -81.80%

Minimum Annual Current Ratio = 0.14

Quarterly (TTM)
Annual
YearCurrent RatioChange
20221.08-81.80%
20215.913.98%
20205.681.52%
20190.35-44.77%
20180.63153.48%
20170.25-75.33%
20161.01619.01%
20150.14-74.75%
20140.56-27.68%

9 Meters Biopharma, Inc. (NMTR) Average Current Ratio

How has NMTR Current Ratio performed in the past?

The current Current Ratio of 9 Meters Biopharma, Inc. (NMTR) 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

4.22

5-year avg

2.73

10-year avg

1.64

9 Meters Biopharma, Inc. (NMTR) Current Ratio vs. Peers

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

9 Meters Biopharma, Inc.’s Current Ratio is less than Mereo BioPharma Group plc (6.07), less than Acumen Pharmaceuticals, Inc. (17.37), less than Day One Biopharmaceuticals, Inc. (4.09), less than Inozyme Pharma, Inc. (9.84), less than Galera Therapeutics, Inc. (5.63), less than Aileron Therapeutics, Inc. (4.69), less than Artelo Biosciences, Inc. (14.58), less than Histogen Inc. (4.05), less than Curis, Inc. (1.78), greater than Timber Pharmaceuticals, Inc. (0.50), greater than Kineta, Inc. (0.14), less than Candel Therapeutics, Inc. (1.62), less than MiNK Therapeutics, Inc. (0.93), less than Forte Biosciences, Inc. (2.82), less than AlloVir, Inc. (55.08), greater than ZIVO Bioscience, Inc. (0.17), less than RenovoRx, Inc. (4.39), less than Tempest Therapeutics, Inc. (2.17), less than Ikena Oncology, Inc. (18.22), greater than Catalyst Biosciences, Inc. (0), less than MEI Pharma, Inc. (6.17), less than Magenta Therapeutics, Inc. (14.64), less than Kezar Life Sciences, Inc. (9.58), less than Vincerx Pharma, Inc. (3.43), less than Avenue Therapeutics, Inc. (4.30),

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