PRDS
Price:
$2.18
Market Cap:
$135.19M
Pardes Biosciences, Inc., a clinical stage biopharmaceutical company, focuses on discovering, developing, and commercializing novel therapeutics to improve the lives of patients suffering from life-threatening disease. Its lead candidate is the PBI-0451 that is in clinical development stage to treat and prevent severe acute respiratory syndrome coronavirus 2 infections and associated diseases. The company was incorporated in 2020 and is headquartered in Carlsbad, California.[Read more]
Industry
Biotechnology
IPO Date
2021-12-27
Stock Exchange
NASDAQ
Ticker
PRDS
According to Pardes Biosciences, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 9.81. This represents a change of -68.54% compared to the average of 31.19 of the last 4 quarters.
The mean historical Current Ratio of Pardes Biosciences, Inc. over the last ten years is 13.58. The current 9.81 Current Ratio has changed 7.13% with respect to the historical average. Over the past ten years (40 quarters), PRDS's Current Ratio was at its highest in in the June 2023 quarter at 81.72. The Current Ratio was at its lowest in in the March 2021 quarter at 0.13.
Average
13.58
Median
9.81
Minimum
0.22
Maximum
30.70
Discovering the peaks and valleys of Pardes Biosciences, 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 = 14.05%
Maximum Annual Current Ratio = 30.70
Minimum Annual Increase = -68.04%
Minimum Annual Current Ratio = 0.22
Year | Current Ratio | Change |
---|---|---|
2022 | 9.81 | -68.04% |
2021 | 30.70 | 14.05% |
The current Current Ratio of Pardes Biosciences, Inc. (PRDS) 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
13.58
5-year avg
13.58
10-year avg
13.58
Pardes Biosciences, Inc.’s Current Ratio is greater than Shattuck Labs, Inc. (7.96), less than Eliem Therapeutics, Inc. (0), greater than Champions Oncology, Inc. (0.75), less than Century Therapeutics, Inc. (10.39), less than Neoleukin Therapeutics, Inc. (15.33), less than Instil Bio, Inc. (12.90), greater than Achilles Therapeutics plc (6.04), greater than NextCure, Inc. (9.07), greater than Assembly Biosciences, Inc. (2.36), greater than CytomX Therapeutics, Inc. (1.04), greater than Nuvation Bio Inc. (9.57), greater than Ovid Therapeutics Inc. (5.66), less than Connect Biopharma Holdings Limited (12.04),
Company | Current Ratio | Market cap |
---|---|---|
7.96 | $52.99M | |
0 | $342.68M | |
0.75 | $108.76M | |
10.39 | $87.15M | |
15.33 | $8.20M | |
12.90 | $142.85M | |
6.04 | $46.85M | |
9.07 | $24.31M | |
2.36 | $93.56M | |
1.04 | $83.74M | |
9.57 | $949.12M | |
5.66 | $68.62M | |
12.04 | $55.03M |
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