PolarityTE, Inc.

PolarityTE, Inc.verified

PTE

Price:

$0.241

Market Cap:

$1.78M

PolarityTE, Inc., a clinical stage biotechnology company, develops and commercializes a range of regenerative tissue products and biomaterials for the fields of medicine, biomedical engineering, and material sciences in the United States. The company operates in two segments, Regenerative Medicine Products and Contract Services. It offers SkinTE, a tissue product used to repair, reconstruction, replacement, and supplementation of skin in patients for the treatment of acute or chronic wounds, burns, surgical reconstruction events, scar revision, or removal of dysfunctional skin grafts, as well as contract research services. The company also develops SkinTE Cryo allows multiple deployments fro...[Read more]

Industry

Biotechnology

IPO Date

1999-08-16

Stock Exchange

NASDAQ

Ticker

PTE

The Current Ratio as of September 2024 (TTM) for PolarityTE, Inc. (PTE) is 4.11

According to PolarityTE, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 4.11. This represents a change of -30.48% compared to the average of 5.91 of the last 4 quarters.

PolarityTE, Inc. (PTE) Historical Current Ratio (quarterly & annually)

How has PTE Current Ratio performed in the past?

The mean historical Current Ratio of PolarityTE, Inc. over the last ten years is 5.06. The current 4.11 Current Ratio has changed 8.03% with respect to the historical average. Over the past ten years (40 quarters), PTE's Current Ratio was at its highest in in the July 2018 quarter at 18.46. The Current Ratio was at its lowest in in the January 2018 quarter at 0.79.

Quarterly (TTM)
Annual

Average

5.06

Median

4.22

Minimum

1.16

Maximum

13.78

PolarityTE, Inc. (PTE) Current Ratio by Quarter and Year

Discovering the peaks and valleys of PolarityTE, 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 = 1.08%

Maximum Annual Current Ratio = 13.78

Minimum Annual Increase = -76.60%

Minimum Annual Current Ratio = 1.16

Quarterly (TTM)
Annual
YearCurrent RatioChange
20226.4134.88%
20214.7529.17%
20203.6813.97%
20193.23-76.57%
201813.781.08%
20171.16-76.60%
20164.97-43.43%
20158.79361.07%
20141.910.85%
20131.89-20.91%

PolarityTE, Inc. (PTE) Average Current Ratio

How has PTE Current Ratio performed in the past?

The current Current Ratio of PolarityTE, Inc. (PTE) 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

4.95

5-year avg

6.37

10-year avg

5.06

PolarityTE, Inc. (PTE) Current Ratio vs. Peers

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

PolarityTE, Inc.’s Current Ratio is less than Hoth Therapeutics, Inc. (14.62), less than Guardion Health Sciences, Inc. (16.67), less than Acasti Pharma Inc. (7.86), less than Aileron Therapeutics, Inc. (4.69), greater than Histogen Inc. (4.05),

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