Tryp Therapeutics Inc.

Tryp Therapeutics Inc.verified

TRYPF

Price:

$0.0562

Market Cap:

$7.58M

Tryp Therapeutics Inc., a pharmaceutical company, focuses on identifying and developing compounds for diseases with high unmet medical needs. The company's lead development program is (PFN), which is designed to treat neuropsychiatric disorders through the dosing of formulations of synthetic psilocybin. Its PFN program candidates include TRP-8802 and TRP-8803 for fibromyalgia, phantom limb pain, binge eating disorder, complex regional pain syndrome, and hypothalamic obesity. The company has an agreement with the Calvert Labs to design and execute exploratory studies related to psilocybin-for-neuropsychiatric disorders program; and a service agreement with Fluence to provide design and traini...[Read more]

Industry

Biotechnology

IPO Date

2021-02-08

Stock Exchange

PNK

Ticker

TRYPF

The Current Ratio as of November 2024 (TTM) for Tryp Therapeutics Inc. (TRYPF) is 0.08

According to Tryp Therapeutics Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.08. This represents a change of -76.60% compared to the average of 0.36 of the last 4 quarters.

Tryp Therapeutics Inc. (TRYPF) Historical Current Ratio (quarterly & annually)

How has TRYPF Current Ratio performed in the past?

The mean historical Current Ratio of Tryp Therapeutics Inc. over the last ten years is 7.38. The current 0.08 Current Ratio has changed 13.39% with respect to the historical average. Over the past ten years (40 quarters), TRYPF's Current Ratio was at its highest in in the February 2021 quarter at 71.14. The Current Ratio was at its lowest in in the February 2024 quarter at 0.08.

Quarterly (TTM)
Annual

Average

7.38

Median

3.63

Minimum

0.24

Maximum

22.03

Tryp Therapeutics Inc. (TRYPF) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Tryp 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 = 305.14%

Maximum Annual Current Ratio = 22.03

Minimum Annual Increase = -91.74%

Minimum Annual Current Ratio = 0.24

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.24-86.57%
20221.82-91.74%
202122.03305.14%

Tryp Therapeutics Inc. (TRYPF) Average Current Ratio

How has TRYPF Current Ratio performed in the past?

The current Current Ratio of Tryp Therapeutics Inc. (TRYPF) 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

8.03

5-year avg

7.38

10-year avg

7.38

Tryp Therapeutics Inc. (TRYPF) Current Ratio vs. Peers

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

Tryp Therapeutics Inc.’s Current Ratio is less than PsyBio Therapeutics Corp. (0), less than PharmaTher Holdings Ltd. (0.13), less than Awakn Life Sciences Corp. (7.98), less than SanBio Company Limited (0.35), less than Alterity Therapeutics Limited (5.30), less than Amplia Therapeutics Limited (3.54), less than Adynxx, Inc. (1.98), greater than Sosei Group Corporation (0), less than Biostage, Inc. (4.11), less than Antibe Therapeutics Inc. (1.79), less than America Great Health (10.06), greater than Cellectis S.A. (0.08), less than Biotron Limited (1.78), less than Regenicin, Inc. (0.58), greater than AXIM Biotechnologies, Inc. (0), greater than Bioasis Technologies Inc. (0.00), greater than Nova Mentis Life Science Corp. (0), greater than HAVN Life Sciences Inc. (0.02), greater than null (0),

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