Societal CDMO, Inc.

Societal CDMO, Inc.verified

SCTL

Price:

$1.1

Market Cap:

$116.13M

Societal CDMO, Inc., a contract development and manufacturing organization, engages in the research and development, manufacturing, and packaging for various therapeutic dosage forms primarily in the small molecule therapeutic development in the United States and internationally. It provides therapeutic development, end-to-end regulatory support, clinical and commercial manufacturing, aseptic fill/finish, lyophilization, packaging and logistics services to the global pharmaceutical market. The company was formerly known as Recro Pharma, Inc. and changed its name to Societal CDMO, Inc. in March 2022. Societal CDMO, Inc. was incorporated in 2007 and is based in Exton, Pennsylvania.[Read more]

Industry

Drug Manufacturers - Specialty & Generic

IPO Date

2014-03-07

Stock Exchange

NASDAQ

Ticker

SCTL

The Current Ratio as of September 2024 (TTM) for Societal CDMO, Inc. (SCTL) is 1.07

According to Societal CDMO, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.07. This represents a change of -48.06% compared to the average of 2.06 of the last 4 quarters.

Societal CDMO, Inc. (SCTL) Historical Current Ratio (quarterly & annually)

How has SCTL Current Ratio performed in the past?

The mean historical Current Ratio of Societal CDMO, Inc. over the last ten years is 5.05. The current 1.07 Current Ratio has changed 2.02% with respect to the historical average. Over the past ten years (40 quarters), SCTL's Current Ratio was at its highest in in the March 2014 quarter at 36.65. The Current Ratio was at its lowest in in the December 2023 quarter at 1.07.

Quarterly (TTM)
Annual

Average

5.05

Median

3.66

Minimum

1.07

Maximum

14.10

Societal CDMO, Inc. (SCTL) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Societal CDMO, 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 = 1.31%

Maximum Annual Current Ratio = 14.10

Minimum Annual Increase = -71.09%

Minimum Annual Current Ratio = 1.07

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.07-56.12%
20222.44-24.87%
20213.24-53.19%
20206.93-25.31%
20199.28278.54%
20182.4540.12%
20171.75-66.44%
20165.2127.86%
20154.08-71.09%
201414.101.31%

Societal CDMO, Inc. (SCTL) Average Current Ratio

How has SCTL Current Ratio performed in the past?

The current Current Ratio of Societal CDMO, Inc. (SCTL) 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

2.25

5-year avg

4.59

10-year avg

5.05

Societal CDMO, Inc. (SCTL) Current Ratio vs. Peers

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

Societal CDMO, Inc.’s Current Ratio is less than Collegium Pharmaceutical, Inc. (1.11), less than Phibro Animal Health Corporation (2.94), less than ANI Pharmaceuticals, Inc. (3.97), less than Procaps Group S.A. (1.47), less than Silver Spike Investment Corp. (6.09), less than Prestige Consumer Healthcare Inc. (3.23), less than Eagle Pharmaceuticals, Inc. (2.16), less than Regencell Bioscience Holdings Limited (19.15), greater than Delta 9 Cannabis Inc. (0.30), less than RAMM Pharma Corp. (0), greater than City View Green Holdings Inc. (0.01), greater than Craftport Cannabis Corp. (0.03), less than Speakeasy Cannabis Club Ltd. (1.40), less than Evotec SE (1.83), less than Supernus Pharmaceuticals, Inc. (1.91), less than Deciphera Pharmaceuticals, Inc. (4.19), less than Cumberland Pharmaceuticals Inc. (1.44), less than Incannex Healthcare Limited (5.70),

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