RenovoRx, Inc.

RenovoRx, Inc.verified

RNXT

Price:

$1.29

Market Cap:

$30.96M

RenovoRx, Inc., a clinical-stage biopharmaceutical company, focuses on developing therapies for the treatment of solid tumors. Its lead product candidate is RenovoGem, a drug and device combination consisting of intra-arterial gemcitabine and RenovoCath that is in Phase III clinical trials for the locally advanced pancreatic cancer. RenovoRx, Inc. was founded in 2009 and is headquartered in Los Altos, California.[Read more]

Industry

Biotechnology

IPO Date

2021-08-26

Stock Exchange

NASDAQ

Ticker

RNXT

The Current Ratio as of December 2024 (TTM) for RenovoRx, Inc. (RNXT) is 5.66

According to RenovoRx, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 5.66. This represents a change of 28.60% compared to the average of 4.40 of the last 4 quarters.

RenovoRx, Inc. (RNXT) Historical Current Ratio (quarterly & annually)

How has RNXT Current Ratio performed in the past?

The mean historical Current Ratio of RenovoRx, Inc. over the last ten years is 5.70. The current 5.66 Current Ratio has changed 9.84% with respect to the historical average. Over the past ten years (40 quarters), RNXT's Current Ratio was at its highest in in the September 2021 quarter at 29.06. The Current Ratio was at its lowest in in the March 2020 quarter at 0.

Quarterly (TTM)
Annual

Average

5.70

Median

2.81

Minimum

0.47

Maximum

17.36

RenovoRx, Inc. (RNXT) Current Ratio by Quarter and Year

Discovering the peaks and valleys of RenovoRx, 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 = 3.62%

Maximum Annual Current Ratio = 17.36

Minimum Annual Increase = -83.43%

Minimum Annual Current Ratio = 0.47

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.25-81.07%
20226.59-62.02%
202117.363.62%
20200.47-83.43%

RenovoRx, Inc. (RNXT) Average Current Ratio

How has RNXT Current Ratio performed in the past?

The current Current Ratio of RenovoRx, Inc. (RNXT) 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

8.40

5-year avg

5.70

10-year avg

5.70

RenovoRx, Inc. (RNXT) Current Ratio vs. Peers

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

RenovoRx, Inc.’s Current Ratio is greater than Axcella Health Inc. (1.21), less than Adial Pharmaceuticals, Inc. (6.78), greater than Better Therapeutics, Inc. (0.57), less than Pasithea Therapeutics Corp. (14.81), greater than ZIVO Bioscience, Inc. (0.17), greater than Quoin Pharmaceuticals, Ltd. (3.02), less than ARCA biopharma, Inc. (26.61), greater than Nutriband Inc. (4.96), less than Longeveron Inc. (7.67), less than Virax Biolabs Group Limited (25.94), greater than Anebulo Pharmaceuticals, Inc. (3.45), greater than SAB Biotherapeutics, Inc. (3.69), greater than Monopar Therapeutics Inc. (5.41), less than Eledon Pharmaceuticals, Inc. (6.53), greater than Tempest Therapeutics, Inc. (1.69), less than Ikena Oncology, Inc. (15.32), greater than Catalyst Biosciences, Inc. (3.72),

Build a custom stock screener for RenovoRx, Inc. (RNXT) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like RenovoRx, Inc. using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

RenovoRx, Inc. (RNXT) and other stocks custom spreadsheet templates

The easiest way to analyze a company like RenovoRx, Inc. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the Current Ratio?

How can you use the Current Ratio?

What is RenovoRx, Inc.'s Current Ratio?

How is the Current Ratio calculated for RenovoRx, Inc. (RNXT)?

What is the highest Current Ratio for RenovoRx, Inc. (RNXT)?

What is the 3-year average Current Ratio for RenovoRx, Inc. (RNXT)?

What is the 5-year average Current Ratio for RenovoRx, Inc. (RNXT)?

How does the current Current Ratio for RenovoRx, Inc. (RNXT) compare to its historical average?