Alterity Therapeutics Limited

Alterity Therapeutics Limitedverified

PRNAF

Price:

$0.0036

Market Cap:

$29.01M

Alterity Therapeutics Limited engages in the research and development of therapeutic drugs to treat Alzheimer's disease, Huntington disease, Parkinson's disease, and other neurological disorders in Australia. The company's lead drug candidate is ATH434 that has completed Phase I clinical trial for the treatment of Parkinson's disease. It is also developing PBT2 that has completed Phase IIa clinical trial to treat Alzheimer's disease. The company was formerly known as Prana Biotechnology Limited and changed its name to Alterity Therapeutics Limited in April 2019. Alterity Therapeutics Limited was incorporated in 1997 and is headquartered in Melbourne, Australia.[Read more]

Industry

Biotechnology

IPO Date

2012-09-25

Stock Exchange

PNK

Ticker

PRNAF

The Current Ratio as of November 2024 (TTM) for Alterity Therapeutics Limited (PRNAF) is 3.54

According to Alterity Therapeutics Limited’s latest financial reports and current stock price. The company's current Current Ratio is 3.54. This represents a change of -16.03% compared to the average of 4.22 of the last 4 quarters.

Alterity Therapeutics Limited (PRNAF) Historical Current Ratio (quarterly & annually)

How has PRNAF Current Ratio performed in the past?

The mean historical Current Ratio of Alterity Therapeutics Limited over the last ten years is 9.11. The current 3.54 Current Ratio has changed 3.79% with respect to the historical average. Over the past ten years (40 quarters), PRNAF's Current Ratio was at its highest in in the September 2015 quarter at 16.39. The Current Ratio was at its lowest in in the March 2024 quarter at 3.54.

Quarterly (TTM)
Annual

Average

9.11

Median

7.06

Minimum

3.54

Maximum

15.88

Alterity Therapeutics Limited (PRNAF) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Alterity Therapeutics 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 = 123.93%

Maximum Annual Current Ratio = 15.88

Minimum Annual Increase = -55.56%

Minimum Annual Current Ratio = 3.54

Quarterly (TTM)
Annual
YearCurrent RatioChange
20243.54-42.61%
20236.17-12.68%
20227.07-35.25%
202110.92123.93%
20204.88-18.50%
20195.98-15.22%
20187.06-55.56%
201715.8811.20%
201614.28-7.01%
201515.3546.03%

Alterity Therapeutics Limited (PRNAF) Average Current Ratio

How has PRNAF Current Ratio performed in the past?

The current Current Ratio of Alterity Therapeutics Limited (PRNAF) 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

5.59

5-year avg

6.52

10-year avg

9.11

Alterity Therapeutics Limited (PRNAF) Current Ratio vs. Peers

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

Alterity Therapeutics Limited’s Current Ratio is greater than Genprex, Inc. (1.95), greater than Reviva Pharmaceuticals Holdings, Inc. (0.41), less than Greenwich LifeSciences, Inc. (5.34), greater than Cognition Therapeutics, Inc. (3.07), less than Gracell Biotechnologies Inc. (7.73), less than Galectin Therapeutics Inc. (0), greater than Northwest Biotherapeutics, Inc. (1.87), greater than CEL-SCI Corporation (0.09), greater than Tonix Pharmaceuticals Holding Corp. (0.64), greater than Jaguar Health, Inc. (1.15), greater than Acasti Pharma Inc. (2.10), less than Diffusion Pharmaceuticals Inc. (7.86), less than iBio, Inc. (10.96), less than Vaxart, Inc. (4.08), less than Novavax, Inc. (4.54), greater than Ocugen, Inc. (1.04), greater than CohBar, Inc. (1.04), less than Rain Therapeutics Inc. (15.69), less than Viking Therapeutics, Inc. (5.58), less than TG Therapeutics, Inc. (36.47), less than X4 Pharmaceuticals, Inc. (3.58), less than PDS Biotechnology Corporation (6.07), less than Madrigal Pharmaceuticals, Inc. (3.84), less than null (5.98),

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