NRx Current Ratio from 2010 to 2024

NRXPW Stock  USD 0.05  0  3.73%   
NRx Pharmaceuticals Current Ratio yearly trend continues to be fairly stable with very little volatility. Current Ratio will likely drop to 0.34 in 2024. Current Ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. View All Fundamentals
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
0.36140277
Current Value
0.34
Quarterly Volatility
2.67276316
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check NRx Pharmaceuticals financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among NRx Pharmaceuticals' main balance sheet or income statement drivers, such as Depreciation And Amortization of 4.8 K, Interest Expense of 114 K or Total Revenue of 0.0, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or Days Sales Outstanding of 0.0. NRx financial statements analysis is a perfect complement when working with NRx Pharmaceuticals Valuation or Volatility modules.
  
Check out the analysis of NRx Pharmaceuticals Correlation against competitors.
For more information on how to buy NRx Stock please use our How to Invest in NRx Pharmaceuticals guide.

Latest NRx Pharmaceuticals' Current Ratio Growth Pattern

Below is the plot of the Current Ratio of NRx Pharmaceuticals over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. NRx Pharmaceuticals' Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in NRx Pharmaceuticals' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 4.58 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

NRx Current Ratio Regression Statistics

Arithmetic Mean3.42
Geometric Mean1.44
Coefficient Of Variation78.18
Mean Deviation2.49
Median5.76
Standard Deviation2.67
Sample Variance7.14
Range5.7037
R-Value(0.82)
Mean Square Error2.50
R-Squared0.67
Significance0.0002
Slope(0.49)
Total Sum of Squares100.01

NRx Current Ratio History

2024 0.34
2023 0.36
2022 1.56
2021 2.74
2020 0.0635
2019 0.11
2018 0.0532

About NRx Pharmaceuticals Financial Statements

NRx Pharmaceuticals investors use historical fundamental indicators, such as NRx Pharmaceuticals' Current Ratio, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in NRx Pharmaceuticals. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 0.36  0.34 

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Additional Tools for NRx Stock Analysis

When running NRx Pharmaceuticals' price analysis, check to measure NRx Pharmaceuticals' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NRx Pharmaceuticals is operating at the current time. Most of NRx Pharmaceuticals' value examination focuses on studying past and present price action to predict the probability of NRx Pharmaceuticals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NRx Pharmaceuticals' price. Additionally, you may evaluate how the addition of NRx Pharmaceuticals to your portfolios can decrease your overall portfolio volatility.