Reneo Pharmaceuticals, Inc.

Reneo Pharmaceuticals, Inc.verified

RPHM

Price:

$1.37

Market Cap:

$45.80M

Reneo Pharmaceuticals, Inc., a clinical-stage pharmaceutical company, focuses on the development of therapies for patients with rare genetic mitochondrial diseases. It develops REN001, a selective peroxisome proliferator-activated receptor delta agonist, which is in Phase IIb clinical trial in patients with primary mitochondrial myopathies, as well as in Phase 1b clinical trial in patients with long-chain fatty acid oxidation disorders and glycogen storage disease type V. Reneo Pharmaceuticals, Inc. was incorporated in 2014 and is headquartered in San Diego, California.[Read more]

Industry

Biotechnology

IPO Date

2021-04-08

Stock Exchange

NASDAQ

Ticker

RPHM

The Current Ratio as of September 2024 (TTM) for Reneo Pharmaceuticals, Inc. (RPHM) is 57.86

According to Reneo Pharmaceuticals, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 57.86. This represents a change of 124.59% compared to the average of 25.76 of the last 4 quarters.

Reneo Pharmaceuticals, Inc. (RPHM) Historical Current Ratio (quarterly & annually)

How has RPHM Current Ratio performed in the past?

The mean historical Current Ratio of Reneo Pharmaceuticals, Inc. over the last ten years is 11.04. The current 57.86 Current Ratio has changed 52.31% with respect to the historical average. Over the past ten years (40 quarters), RPHM's Current Ratio was at its highest in in the June 2024 quarter at 57.86. The Current Ratio was at its lowest in in the September 2001 quarter at 0.

Quarterly (TTM)
Annual

Average

11.04

Median

10.33

Minimum

0

Maximum

24.79

Reneo Pharmaceuticals, Inc. (RPHM) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Reneo Pharmaceuticals, 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 = Infinity%

Maximum Annual Current Ratio = 24.79

Minimum Annual Increase = -60.71%

Minimum Annual Current Ratio = 0

Quarterly (TTM)
Annual
YearCurrent RatioChange
20235.87-60.71%
202214.93-39.77%
202124.79106.32%
202012.0138.98%
20198.64Infinity%

Reneo Pharmaceuticals, Inc. (RPHM) Average Current Ratio

How has RPHM Current Ratio performed in the past?

The current Current Ratio of Reneo Pharmaceuticals, Inc. (RPHM) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

15.19

5-year avg

13.25

10-year avg

11.04

Reneo Pharmaceuticals, Inc. (RPHM) Current Ratio vs. Peers

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

Reneo Pharmaceuticals, Inc.’s Current Ratio is greater than Prime Medicine, Inc. (8.23), greater than Ginkgo Bioworks Holdings, Inc. (4.71), greater than Ocean Biomedical, Inc. (0.03), greater than Royalty Pharma plc (9.35), greater than Immix Biopharma, Inc. (7.00), greater than CNS Pharmaceuticals, Inc. (0.31), greater than Hepion Pharmaceuticals, Inc. (5.62), greater than Freeline Therapeutics Holdings plc (1.95), greater than AVROBIO, Inc. (26.17), greater than Summit Therapeutics Inc. (2.35), greater than Nkarta, Inc. (15.91), greater than Cullinan Oncology, Inc. (28.87), greater than Kezar Life Sciences, Inc. (9.58), greater than Kronos Bio, Inc. (8.49), greater than Adaptive Biotechnologies Corporation (3.99), greater than Legend Biotech Corporation (4.84), greater than Vir Biotechnology, Inc. (12.51), greater than Apellis Pharmaceuticals, Inc. (5.08), greater than Werewolf Therapeutics, Inc. (12.13), greater than Edgewise Therapeutics, Inc. (30.24), greater than Decibel Therapeutics, Inc. (3.03), greater than Celcuity Inc. (14.95), greater than C4 Therapeutics, Inc. (5.09),

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