Beyond Air, Inc.

Beyond Air, Inc.verified

XAIR

Price:

$0.4

Market Cap:

$18.61M

Beyond Air, Inc. operates as a commercial medical device and biopharmaceutical company. The company engages in the development of LungFit platform, a nitric oxide generator and delivery system. It offers LungFit PH for the treatment of persistent pulmonary hypertension of the newborn. The company is also developing LungFit PRO for the treatment of viral lung infections, such as community-acquired viral pneumonia, including COVID-19, as well as bronchiolitis in hospitalized patients; and LungFit GO for the treatment of nontuberculous mycobacteria. The company was formerly known as AIT Therapeutics, Inc. and changed its name to Beyond Air, Inc. in June 2019. Beyond Air, Inc. is based in Garden...[Read more]

Industry

Medical - Devices

IPO Date

2018-06-12

Stock Exchange

NASDAQ

Ticker

XAIR

The Current Ratio as of September 2024 (TTM) for Beyond Air, Inc. (XAIR) is 2.63

According to Beyond Air, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 2.63. This represents a change of -22.73% compared to the average of 3.40 of the last 4 quarters.

Beyond Air, Inc. (XAIR) Historical Current Ratio (quarterly & annually)

How has XAIR Current Ratio performed in the past?

The mean historical Current Ratio of Beyond Air, Inc. over the last ten years is 3.69. The current 2.63 Current Ratio has changed 7.02% with respect to the historical average. Over the past ten years (40 quarters), XAIR's Current Ratio was at its highest in in the December 2021 quarter at 15.33. The Current Ratio was at its lowest in in the September 2015 quarter at 0.

Quarterly (TTM)
Annual

Average

3.69

Median

3.40

Minimum

0.03

Maximum

9.80

Beyond Air, Inc. (XAIR) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Beyond Air, 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 = 10.14%

Maximum Annual Current Ratio = 9.80

Minimum Annual Increase = -83.72%

Minimum Annual Current Ratio = 0.03

Quarterly (TTM)
Annual
YearCurrent RatioChange
20243.8026.46%
20233.00-65.38%
20228.68-11.42%
20219.8079.30%
20205.46239.76%
20191.61-62.32%
20184.2710.14%
20160.04-78.19%
20160.19536.30%
20150.03-83.72%

Beyond Air, Inc. (XAIR) Average Current Ratio

How has XAIR Current Ratio performed in the past?

The current Current Ratio of Beyond Air, Inc. (XAIR) 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

5.16

5-year avg

6.15

10-year avg

3.69

Beyond Air, Inc. (XAIR) Current Ratio vs. Peers

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

Beyond Air, Inc.’s Current Ratio is greater than Lucid Diagnostics Inc. (1.75), greater than Inari Medical, Inc. (1.80), greater than PAVmed Inc (0.57), less than ClearPoint Neuro, Inc. (2.79), less than Telesis Bio, Inc. (0), greater than AVITA Medical, Inc. (1.89), less than Sight Sciences, Inc. (6.25), less than Treace Medical Concepts, Inc. (11.01), less than Cytek Biosciences, Inc. (3.86), less than Heska Corporation (7.33), less than OrthoPediatrics Corp. (5.64), less than Electromed, Inc. (4.90), less than Pulmonx Corporation (5.75), less than TELA Bio, Inc. (8.96), less than CVRx, Inc. (3.41), less than NeuroPace, Inc. (10.08), less than TransMedics Group, Inc. (6.37), less than Delcath Systems, Inc. (9.37), greater than null (2.55),

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