vTv Therapeutics Inc. Current Ratio

Current Ratio of VTVT for past 10 years: annual, quarterly and twelve month trailing (TTM) including Current Ratio growth rates and interactive chart. The current ratio is a liquidity ratio that measures whether a firm has enough resources to meet its short-term obligations. It is calculated as current assets divided by current liabilities. A ratio below 1 indicates potential trouble for a company, as it doesn't have enough current assets to pay for its short-term liabilities. A ratio above 2 is usually considered healthy.

Highlights and Quick Summary

  • Current Ratio for the quarter ending September 29, 2020 was 0.44 (a -25.35% decrease compared to previous quarter)
  • Year-over-year quarterly Current Ratio increased by 109.01%
  • Annual Current Ratio for 2019 was 0.21 (a 15.02% increase from previous year)
  • Annual Current Ratio for 2018 was 0.18 (a -75.61% decrease from previous year)
  • Annual Current Ratio for 2017 was 0.76 (a -83.41% decrease from previous year)
Visit stockrow.com/VTVT for comprehensive keystats, realtime prices, income statement, balance sheet, cash flow statement with 10 years of data, and state-of-the-art screener.

Historical Current Ratio of vTv Therapeutics Inc.

Most recent Current Ratioof VTVT including historical data for past 10 years.

Interactive Chart of Current Ratio of vTv Therapeutics Inc.

vTv Therapeutics Inc. Current Ratio for the past 10 Years (both Annual and Quarterly)

Year Q1 Q2 Q3 Q4 Fiscal Year
2020 0.44 0.59 0.29
2019 0.21 0.25 0.22 0.33 0.21
2018 0.18 0.23 0.19 0.35 0.18
2017 0.76 1.76 2.95 4.13 0.76
2016 4.56 4.92 6.54 8.88 4.56
2015 11.54 16.1 0.04 11.54
2014 0.23
2013 0.03 0.03

Business Profile of vTv Therapeutics Inc.

Sector: Healthcare
Industry: Biotechnology
vTv Therapeutics Inc., a clinical-stage biopharmaceutical company, discovers and develops orally administered small molecule drug candidates to fill unmet medical needs. The company is developing Azeliragon, an orally administered, small molecule antagonist targeting the receptor for advanced glycation end products, which is in Phase II clinical trials for the treatment of mild Alzheimer's disease. It is also developing TTP399, an orally administered, liver-selective glucokinase activator that has completed Phase II clinical trials to treat type 2 diabetes, as well as is in Phase II/III clinical trials for treating type 1 diabetes; and TTP273, an orally administered, non-peptidic agonist that targets the glucagon-like peptide-1 receptor, which has completed Phase II clinical trials for the treatment of type 2 diabetes. In addition, the company is developing HPP737, HPP971, and HPP3033 for the treatment of chronic disease. It has a license agreement with Reneo Pharmaceuticals, Inc. to develop and commercialize peroxisome proliferation activated receptor delta agonist program, including the compound HPP593. vTv Therapeutics Inc. also has license and research agreements with Hangzhou Zhongmei Huadong Pharmaceutical Co., Ltd.; Newsoara Biopharma Co., Ltd.; JDRF International; Novo Nordisk A/S; and Columbia University. The company was founded in 2015 and is headquartered in High Point, North Carolina. vTv Therapeutics Inc. is a subsidiary of MacAndrews & Forbes Incorporated.