Paradigm Biopharmaceuticals Limited

Paradigm Biopharmaceuticals Limitedverified

PAR.AX

Price:

$0.42

Market Cap:

$163.56M

Paradigm Biopharmaceuticals Limited, a drug repurposing company, engages in the research and development of therapeutic products for human use in Australia. It offers pentosan polysulfate sodium drugs in the injectable form for the treatment of osteoarthritis, mucopolysaccharidosis, ross river virus, chikungunya virus, and acute respiratory distress syndrome diseases. The company was incorporated in 2014 and is based in Melbourne, Australia.[Read more]

Industry

Biotechnology

IPO Date

2015-08-19

Stock Exchange

ASX

Ticker

PAR.AX

The Current Ratio as of January 2025 (TTM) for Paradigm Biopharmaceuticals Limited (PAR.AX) is 7.22

According to Paradigm Biopharmaceuticals Limited’s latest financial reports and current stock price. The company's current Current Ratio is 7.22. This represents a change of 32.27% compared to the average of 5.46 of the last 4 quarters.

Paradigm Biopharmaceuticals Limited (PAR.AX) Historical Current Ratio (quarterly & annually)

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

The mean historical Current Ratio of Paradigm Biopharmaceuticals Limited over the last ten years is 12.04. The current 7.22 Current Ratio has changed 5.90% with respect to the historical average. Over the past ten years (40 quarters), PAR.AX's Current Ratio was at its highest in in the December 2019 quarter at 66.64. The Current Ratio was at its lowest in in the January 2015 quarter at 0.

Quarterly (TTM)
Annual

Average

12.04

Median

6.62

Minimum

3.89

Maximum

32.21

Paradigm Biopharmaceuticals Limited (PAR.AX) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Paradigm Biopharmaceuticals 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 = 3.66%

Maximum Annual Current Ratio = 32.21

Minimum Annual Increase = -70.11%

Minimum Annual Current Ratio = 3.89

Quarterly (TTM)
Annual
YearCurrent RatioChange
20247.2247.60%
20234.89-18.81%
20226.02-56.91%
202113.98-56.60%
202032.215.58%
201930.51667.85%
20183.97-14.26%
20174.6318.99%
20163.89-70.11%
201513.033.66%

Paradigm Biopharmaceuticals Limited (PAR.AX) Average Current Ratio

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

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

3-year avg

6.04

5-year avg

12.86

10-year avg

12.04

Paradigm Biopharmaceuticals Limited (PAR.AX) Current Ratio vs. Peers

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

Paradigm Biopharmaceuticals Limited’s Current Ratio is greater than PolyNovo Limited (3.41), less than AVITA Medical, Inc. (8.18), greater than Opthea Limited (2.94), greater than Mesoblast Limited (1.18), greater than Volpara Health Technologies Limited (0.95),

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