Relmada Therapeutics, Inc.

Relmada Therapeutics, Inc.verified

RLMD

Price:

$3.03

Market Cap:

$91.43M

Relmada Therapeutics, Inc., a clinical-stage biotechnology company, focuses on developing various products for the treatment of central nervous system (CNS) diseases and other disorders. Its lead product candidate is Esmethadone (d-methadone, dextromethadone, and REL-1017), a new chemical entity and N-methyl-D-aspartate receptor antagonist that is in Phase 3 clinical trials for the adjunctive or monotherapy treatment of major depressive disorder in adults. The company was founded in 2004 and is headquartered in Coral Gables, Florida.[Read more]

Industry

Biotechnology

IPO Date

2014-06-20

Stock Exchange

NASDAQ

Ticker

RLMD

The Current Ratio as of September 2024 (TTM) for Relmada Therapeutics, Inc. (RLMD) is 7.44

According to Relmada Therapeutics, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 7.44. This represents a change of -15.47% compared to the average of 8.80 of the last 4 quarters.

Relmada Therapeutics, Inc. (RLMD) Historical Current Ratio (quarterly & annually)

How has RLMD Current Ratio performed in the past?

The mean historical Current Ratio of Relmada Therapeutics, Inc. over the last ten years is 13.53. The current 7.44 Current Ratio has changed 5.40% with respect to the historical average. Over the past ten years (40 quarters), RLMD's Current Ratio was at its highest in in the December 2019 quarter at 80.21. The Current Ratio was at its lowest in in the September 2018 quarter at 0.18.

Quarterly (TTM)
Annual

Average

13.53

Median

5.91

Minimum

0.46

Maximum

80.21

Relmada Therapeutics, Inc. (RLMD) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Relmada Therapeutics, 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 = 1.99%

Maximum Annual Current Ratio = 80.21

Minimum Annual Increase = -88.32%

Minimum Annual Current Ratio = 0.46

Quarterly (TTM)
Annual
YearCurrent RatioChange
20238.00-34.78%
202212.26-17.31%
202114.8358.26%
20209.37-88.32%
201980.211.99%
20193.83726.13%
20180.46-74.21%
20171.80-40.82%
20163.0497.51%
20151.5459.97%

Relmada Therapeutics, Inc. (RLMD) Average Current Ratio

How has RLMD Current Ratio performed in the past?

The current Current Ratio of Relmada Therapeutics, Inc. (RLMD) 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

11.69

5-year avg

24.93

10-year avg

13.53

Relmada Therapeutics, Inc. (RLMD) Current Ratio vs. Peers

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

Relmada Therapeutics, Inc.’s Current Ratio is less than Cytokinetics, Incorporated (10.39), less than DICE Therapeutics, Inc. (25.88), less than Edgewise Therapeutics, Inc. (30.24), less than Karuna Therapeutics, Inc. (19.31), less than Dyne Therapeutics, Inc. (26.63), less than Third Harmonic Bio, Inc. (41.13), less than PMV Pharmaceuticals, Inc. (19.22), greater than Enochian Biosciences, Inc. (0.06), less than Revolution Medicines, Inc. (15.42), less than Pardes Biosciences, Inc. (81.72), less than Shattuck Labs, Inc. (7.62), less than Eliem Therapeutics, Inc. (60.41), greater than Champions Oncology, Inc. (0.69), less than Century Therapeutics, Inc. (10.62), less than Fusion Pharmaceuticals Inc. (10.64), less than Bicycle Therapeutics plc (14.77), less than RAPT Therapeutics, Inc. (8.14), less than NewAmsterdam Pharma Company N.V. (9.83), less than Cyteir Therapeutics, Inc. (21.89), less than Nuvation Bio Inc. (11.49), less than Magenta Therapeutics, Inc. (14.64), less than Neoleukin Therapeutics, Inc. (15.33), less than Graphite Bio, Inc. (11.47),

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