Sonnet BioTherapeutics Holdings, Inc.

Sonnet BioTherapeutics Holdings, Inc.verified

SONN

Price:

$0.857

Market Cap:

$4.46M

Sonnet BioTherapeutics Holdings, Inc., a clinical stage oncology-focused biotechnology company, develops platform for biologic medicines of single or bispecific action. The company develops fully human albumin binding technology, which utilizes human single chain antibodies fragment that binds to and hitch-hikes on human serum albumin for transport to target tissues. Its lead candidate is SON-1010, a fully human version of interleukin 12 for the treatment non-small cell lung cancer, and head and neck cancer. The company is also developing SON-080, a fully human version of interleukin 6 for chemotherapy-induced peripheral neuropathy and diabetic peripheral neuropathy. It has a license agreeme...[Read more]

Industry

Biotechnology

IPO Date

2006-10-31

Stock Exchange

NASDAQ

Ticker

SONN

The Current Ratio as of September 2024 (TTM) for Sonnet BioTherapeutics Holdings, Inc. (SONN) is 1.65

According to Sonnet BioTherapeutics Holdings, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.65. This represents a change of 7.46% compared to the average of 1.53 of the last 4 quarters.

Sonnet BioTherapeutics Holdings, Inc. (SONN) Historical Current Ratio (quarterly & annually)

How has SONN Current Ratio performed in the past?

The mean historical Current Ratio of Sonnet BioTherapeutics Holdings, Inc. over the last ten years is 0.81. The current 1.65 Current Ratio has changed 20.36% with respect to the historical average. Over the past ten years (40 quarters), SONN's Current Ratio was at its highest in in the December 2021 quarter at 4.74. The Current Ratio was at its lowest in in the March 2014 quarter at 0.

Quarterly (TTM)
Annual

Average

0.81

Median

0.19

Minimum

0

Maximum

4.30

Sonnet BioTherapeutics Holdings, Inc. (SONN) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Sonnet BioTherapeutics Holdings, 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 = 4.30

Minimum Annual Increase = -100.00%

Minimum Annual Current Ratio = 0

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.8629.35%
20220.66-84.57%
20214.30165.87%
20201.6211.63%
20190.01-86.65%
20180.10-15.54%
20170.12-17.51%
20160.15-37.24%
20150.24Infinity%
20140-100.00%

Sonnet BioTherapeutics Holdings, Inc. (SONN) Average Current Ratio

How has SONN Current Ratio performed in the past?

The current Current Ratio of Sonnet BioTherapeutics Holdings, Inc. (SONN) is less than than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

1.94

5-year avg

1.49

10-year avg

0.81

Sonnet BioTherapeutics Holdings, Inc. (SONN) Current Ratio vs. Peers

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

Sonnet BioTherapeutics Holdings, Inc.’s Current Ratio is less than YS Biopharma Co., Ltd. (0), greater than ZyVersa Therapeutics, Inc. (0.94), greater than Allarity Therapeutics, Inc. (0.06), less than Kiromic BioPharma, Inc. (2.01), greater than Immix Biopharma, Inc. (0.35), less than CNS Pharmaceuticals, Inc. (7.00), greater than eFFECTOR Therapeutics, Inc. (0.31), greater than Navidea Biopharmaceuticals, Inc. (1.03), greater than null (0.56),

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