SMMT
Price:
$19
Market Cap:
$14.00B
Summit Therapeutics Inc., a biopharmaceutical company, discovers, develops, and commercializes medicines to treat infectious diseases in the United States and Latin America. It conducts clinical programs focusing on Clostridioides difficile infection (CDI). The company's lead product candidate is ridinilazole, an orally administered small molecule antibiotic that is in Phase III clinical trials for the treatment of CDI. It also offers SMT-738, for combating multidrug resistant infections primarily carbapenem-resistant Enterobacteriaceae infections; and DDS-04 series for the potential treatment of infections caused by the Enterobacteriaceae. The company was founded in 2003 and is based in Cam...[Read more]
Industry
Biotechnology
IPO Date
2015-03-05
Stock Exchange
NASDAQ
Ticker
SMMT
According to Summit Therapeutics Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 8.31. This represents a change of 23.47% compared to the average of 6.73 of the last 4 quarters.
The mean historical Current Ratio of Summit Therapeutics Inc. over the last ten years is 5.88. The current 8.31 Current Ratio has changed 14.04% with respect to the historical average. Over the past ten years (40 quarters), SMMT's Current Ratio was at its highest in in the June 2023 quarter at 19.07. The Current Ratio was at its lowest in in the September 2020 quarter at 1.44.
Average
5.88
Median
3.92
Minimum
1.89
Maximum
16.93
Discovering the peaks and valleys of Summit 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 = 345.87%
Maximum Annual Current Ratio = 16.93
Minimum Annual Increase = -52.97%
Minimum Annual Current Ratio = 1.89
Year | Current Ratio | Change |
---|---|---|
2023 | 9.30 | -45.09% |
2022 | 16.93 | 345.87% |
2021 | 3.80 | 13.73% |
2020 | 3.34 | -46.78% |
2019 | 6.27 | 72.75% |
2019 | 3.63 | 91.70% |
2018 | 1.89 | -38.08% |
2017 | 3.06 | -52.97% |
2016 | 6.51 | 61.24% |
2015 | 4.03 | 143.64% |
The current Current Ratio of Summit Therapeutics Inc. (SMMT) is less than than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
10.01
5-year avg
7.93
10-year avg
5.88
Summit Therapeutics Inc.’s Current Ratio is less than Nkarta, Inc. (12.91), less than Cullinan Oncology, Inc. (24.46), greater than Kezar Life Sciences, Inc. (7.65), less than Kronos Bio, Inc. (8.32), less than ZyVersa Therapeutics, Inc. (33.83), greater than Ocean Biomedical, Inc. (0.04), less than Zura Bio Limited (10.36), less than Elevation Oncology, Inc. (17.77), less than Icosavax, Inc. (18.06), less than Phio Pharmaceuticals Corp. (0), greater than Sonnet BioTherapeutics Holdings, Inc. (6.38), greater than 180 Life Sciences Corp. (0.66), greater than Cardio Diagnostics Holdings, Inc. (0.19), less than null (8.51),
Company | Current Ratio | Market cap |
---|---|---|
12.91 | $165.84M | |
24.46 | $714.45M | |
7.65 | $47.86M | |
8.32 | $57.32M | |
33.83 | $2.70M | |
0.04 | $20.54M | |
10.36 | $151.48M | |
17.77 | $33.34M | |
18.06 | $769.04M | |
0 | $2.32M | |
6.38 | $4.27M | |
0.66 | $5.73M | |
0.19 | $40.84M | |
8.51 | $0 |
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