Rani Therapeutics Holdings, Inc.

Rani Therapeutics Holdings, Inc.verified

RANI

Price:

$2.3

Market Cap:

$122.83M

Rani Therapeutics Holdings, Inc. operates as a clinical stage biotherapeutics company that develops orally administered biologics. The company develops the RaniPill capsule, a platform that is intended to replace subcutaneous or IV injection of biologics with oral dosing. Its product pipeline includes RT-101, an octreotide, which has completed Phase I clinical trial for the treatment of neuroendocrine tumors and acromegaly; RT-105, an anti-TNF-alpha antibody to treat psoriatic arthritis; RT-102, a parathyroid hormone that is in preclinical studies for the treatment of osteoporosis; RT-109, a human growth hormone to treat growth hormone deficiency; RT-110, a parathyroid hormone for the treatm...[Read more]

Industry

Biotechnology

IPO Date

2021-07-30

Stock Exchange

NASDAQ

Ticker

RANI

The Current Ratio as of September 2024 (TTM) for Rani Therapeutics Holdings, Inc. (RANI) is 1.93

According to Rani Therapeutics Holdings, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.93. This represents a change of -61.29% compared to the average of 4.99 of the last 4 quarters.

Rani Therapeutics Holdings, Inc. (RANI) Historical Current Ratio (quarterly & annually)

How has RANI Current Ratio performed in the past?

The mean historical Current Ratio of Rani Therapeutics Holdings, Inc. over the last ten years is 18.31. The current 1.93 Current Ratio has changed 955.13% with respect to the historical average. Over the past ten years (40 quarters), RANI's Current Ratio was at its highest in in the December 2021 quarter at 45.30. The Current Ratio was at its lowest in in the March 2020 quarter at 0.

Quarterly (TTM)
Annual

Average

18.31

Median

14.12

Minimum

4.84

Maximum

45.30

Rani Therapeutics Holdings, Inc. (RANI) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Rani Therapeutics Holdings, 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 = 220.85%

Maximum Annual Current Ratio = 45.30

Minimum Annual Increase = -69.81%

Minimum Annual Current Ratio = 4.84

Quarterly (TTM)
Annual
YearCurrent RatioChange
20236.33-69.81%
202220.96-53.73%
202145.30220.85%
202014.12191.48%

Rani Therapeutics Holdings, Inc. (RANI) Average Current Ratio

How has RANI Current Ratio performed in the past?

The current Current Ratio of Rani Therapeutics Holdings, Inc. (RANI) 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

24.20

5-year avg

18.31

10-year avg

18.31

Rani Therapeutics Holdings, Inc. (RANI) Current Ratio vs. Peers

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

Rani Therapeutics Holdings, Inc.’s Current Ratio is less than Vincerx Pharma, Inc. (3.43), less than Tenaya Therapeutics, Inc. (6.28), less than Corvus Pharmaceuticals, Inc. (3.62), less than ALX Oncology Holdings Inc. (4.39), less than Lyra Therapeutics, Inc. (3.60), less than Trevi Therapeutics, Inc. (10.68), greater than SQZ Biotechnologies Company (1.37), less than Protara Therapeutics, Inc. (16.33), greater than TRACON Pharmaceuticals, Inc. (0.66), greater than Vaccinex, Inc. (0.42), less than Monopar Therapeutics Inc. (6.59), less than Miromatrix Medical Inc. (3.46), less than Surrozen, Inc. (6.96), less than Monte Rosa Therapeutics, Inc. (6.56), less than PMV Pharmaceuticals, Inc. (19.22), less than Pharvaris N.V. (18.45), less than Tyra Biosciences, Inc. (36.46), less than Molecular Partners AG (14.58), less than Cabaletta Bio, Inc. (11.52), greater than Viracta Therapeutics, Inc. (1.08), less than EyePoint Pharmaceuticals, Inc. (4.75), less than Biomea Fusion, Inc. (4.62),

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