Incannex Healthcare Limited

Incannex Healthcare Limitedverified

IXHL

Price:

$1.66

Market Cap:

$29.29M

Incannex Healthcare Limited engages in the research, development, and sale of medicinal cannabinoid products in Australia. It offers pharmaceutical grade cannabinoid products under the Incannex brand name. The company's products include IHL-42X, which is in Phase II clinical trials for obstructive sleep apnea; IHL-216A for traumatic brain injury; and IHL-675A, a combination of hydroxychloroquine and cannabidiol for the prevention and treatment of inflammatory lung conditions, such as acute respiratory distress syndrome, chronic obstructive pulmonary disease, asthma, and bronchitis, as well as rheumatoid arthritis and inflammatory bowel diseases. It has partnership with The Alfred Hospital an...[Read more]

Industry

Drug Manufacturers - Specialty & Generic

IPO Date

2022-03-02

Stock Exchange

NASDAQ

Ticker

IXHL

The ROE as of September 2024 (TTM) for Incannex Healthcare Limited (IXHL) is -66.75%

According to Incannex Healthcare Limited’s latest financial reports and current stock price. The company's current ROE is -66.75%. This represents a change of 216.64% compared to the average of -21.08% of the last 4 quarters.

Incannex Healthcare Limited (IXHL) Historical ROE (quarterly & annually)

How has IXHL ROE performed in the past?

The mean historical ROE of Incannex Healthcare Limited over the last ten years is 1.30%. The current -66.75% ROE has changed -105.12% with respect to the historical average. Over the past ten years (40 quarters), IXHL's ROE was at its highest in in the March 2016 quarter at 423.55%. The ROE was at its lowest in in the March 2014 quarter at -578.36%.

Quarterly (TTM)
Annual

Average

1.30%

Median

-48.14%

Minimum

-578.36%

Maximum

12.67%

Incannex Healthcare Limited (IXHL) ROE by Quarter and Year

Discovering the peaks and valleys of Incannex Healthcare Limited ROE, 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 = 2.89%

Maximum Annual ROE = 12.67%

Minimum Annual Increase = -179.04%

Minimum Annual ROE = -578.36%

Quarterly (TTM)
Annual
YearROEChange
2023-35.88%-40.60%
2022-60.40%-54.46%
2021-132.65%-10.65%
2020-148.45%-122.78%
2019651.61%-15.27%
2018769.07%-93.93%
201712.67%2.89%
2016423.55%-179.04%
2015-535.86%-7.35%
2014-578.36%568.17%

Incannex Healthcare Limited (IXHL) Average ROE

How has IXHL ROE performed in the past?

The current ROE of Incannex Healthcare Limited (IXHL) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

-76.31%

5-year avg

54.85%

10-year avg

1.30%

Incannex Healthcare Limited (IXHL) ROE vs. Peers

How is IXHL’s ROE compared to its peers?

Incannex Healthcare Limited’s ROE is less than Delta 9 Cannabis Inc. (484.43%), less than RAMM Pharma Corp. (0%), less than City View Green Holdings Inc. (65.45%), greater than Craftport Cannabis Corp. (-194.22%), greater than Speakeasy Cannabis Club Ltd. (-16.76%), less than Eagle Pharmaceuticals, Inc. (4.41%), less than ANI Pharmaceuticals, Inc. (6.02%), less than Phibro Animal Health Corporation (0.91%), greater than Deciphera Pharmaceuticals, Inc. (-52.42%), less than Prestige Consumer Healthcare Inc. (12.68%), less than Collegium Pharmaceutical, Inc. (49.14%), less than Silver Spike Investment Corp. (5.74%), greater than Regencell Bioscience Holdings Limited (-39.17%), less than Procaps Group S.A. (159.72%), greater than Sihuan Pharmaceutical Holdings Group Ltd. (-2.08%),

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