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Amplia Therapeutics Current Ratio

: 5.77 (As of Sep. 2019)
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The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Amplia Therapeutics's current ratio for the quarter that ended in Sep. 2019 was 5.77.

Amplia Therapeutics has a current ratio of 5.77. It indicates the company may not be efficiently using its current assets or its short-term financing facilities. This may also indicate problems in working capital management.

OTCPK:INNMF' s Current Ratio Range Over the Past 10 Years
Min: 2.31   Med: 8.8   Max: 43.94
Current: 2.31

2.31
43.94

During the past 8 years, Amplia Therapeutics's highest Current Ratio was 43.94. The lowest was 2.31. And the median was 8.80.

OTCPK:INNMF's Current Ratio is ranked lower than
71% of the 1260 Companies
in the Biotechnology industry.

( Industry Median: 4.48 vs. OTCPK:INNMF: 2.31 )

Amplia Therapeutics Current Ratio Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Amplia Therapeutics Annual Data
Jun13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20
Current Ratio Premium Member Only Premium Member Only Premium Member Only 4.74 8.12 9.48 2.38 2.31

Amplia Therapeutics Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20
Current Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.48 9.87 2.38 5.77 2.31

Competitive Comparison
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap.


Amplia Therapeutics Current Ratio Distribution

* The bar in red indicates where Amplia Therapeutics's Current Ratio falls into.



Amplia Therapeutics Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Amplia Therapeutics's Current Ratio for the fiscal year that ended in Mar. 2020

Current Ratio (A: Mar. 2020 )=Total Current Assets (A: Mar. 2020 )/Total Current Liabilities (A: Mar. 2020 )
=0.73258706467662/0.31778606965174
=2.31

Amplia Therapeutics's Current Ratio for the quarter that ended in Sep. 2019 is calculated as

Current Ratio (Q: Sep. 2019 )=Total Current Assets (Q: Sep. 2019 )/Total Current Liabilities (Q: Sep. 2019 )
=0.85753237900477/0.14860259032038
=5.77

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Amplia Therapeutics  (OTCPK:INNMF) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


Amplia Therapeutics Current Ratio Related Terms


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