Lantern Pharma Inc Quick Ratio (LTRN) starting from the second quarter 2026 to second quarter 2025, Financial Strength Trends, Rankings, Financial Ratios - CSIMarket
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Lantern Pharma Inc   (NASDAQ: LTRN)

Lantern Pharma Inc 's Quick Ratio

LTRN's quarterly Quick Ratio and Cash & cash equivalent, Current Liabilities growth


In the wake of the increase in Current Liabilities in the second quarter 2026, Quick Ratio fell to 1.7 a new company low.

Within Major Pharmaceutical Preparations industry 305 other companies have achieved higher Quick Ratio than Lantern Pharma Inc in second quarter 2026. While Quick Ratio total ranking in the second quarter 2026 has deteriorated compared to the prior quarter from 0 to 1375.

Explain Quick Ratio?
How much Cash & cash equivalents LTRN´s has?
What are LTRN´s Current Liabilities?



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LTRN Quick Ratio (Jun 30 2026)
Q2		 (Mar 31 2026)
Q1		 (Dec 31 2025)
Q4		 (Sep 30 2025)
Q3		 (Jun 30 2025)
Q2
Y / Y Current Liabilities Change -11.5 % -13.25 % 2.12 % 9.58 % 6.16 %
Y / Y Cash & cash equivalent Change -53.71 % -67.94 % -57.86 % -34.2 % -52.19 %
Quick Ratio MRQ 1.7 1.7 2.29 4.68 3.26
LTRN's Total Ranking # 1375 # 0 # 1020 # 682 #
Seq. Current Liabilities Change 16.25 % -15.93 % 12.09 % -19.21 % 13.95 %
Seq. Cash & cash equivalent Change 16.42 % -37.52 % -45.18 % 16.09 % -19.37 %



Quick Ratio second quarter 2026 Company Ranking
Within: No.
Major Pharmaceutical Preparations Industry # 306
Healthcare Sector # 534
Overall Market # 1375


Quick Ratio Statistics
High Average Low
80.33 20.58 1.7
(Mar 31 2021)   (Mar 31 2026)




Financial Statements
Lantern Pharma Inc 's Current Liabilities $ 4 Millions Visit LTRN's Balance sheet
Lantern Pharma Inc 's Cash & cash equivalent $ 7 Millions Visit LTRN's Balance sheet
Source of LTRN's Sales Visit LTRN's Sales by Geography


Cumulative Lantern Pharma Inc 's Quick Ratio

LTRN's Quick Ratio for the trailling 12 Months

LTRN Quick Ratio

 (Jun 30 2026)
12 Months		 (Mar 31 2026)
12 Months		 (Dec 31 2025)
12 Months		 (Sep 30 2025)
12 Months		 (Jun 30 2025)
12 Months
Y / Y Current Liabilities TTM Growth -4.05 % 0.91 % 6.39 % 17.63 % 28.42 %
Y / Y Cash & cash equivalent TTM Growth -51.8 % -51.64 % -48.09 % -48.36 % -47.83 %
Quick Ratio TTM 2.58 2.99 3.66 4.48 5.13
Total Ranking TTM # 3837 # 0 # 2833 # 2786 #
Seq. Current Liabilities TTM Growth -3.31 % -3.24 % 0.53 % 2.02 % 1.69 %
Seq. Cash & cash equivalent TTM Growth -16.81 % -20.87 % -17.79 % -10.94 % -16.53 %

Quick ratio ranking by company, industry and sector >> Back to LTRN Financial Strength Comparisons >> Go to Compare LTRN Quick Ratio to its Competitors

On the trailing twelve months basis In spite of the year on year decrease in LTRN's Current Liabilities to $4.32 millions, cumulative Quick Ratio to 2.58 below the LTRN average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Major Pharmaceutical Preparations industry 430 other companies have achieved higher Quick Ratio than Lantern Pharma Inc . While Quick Ratio total ranking has deteriorated compared to the previous twelve months ending in the first quarter 2026 from 0 to 3837.

Explain Quick Ratio?
How much Cash & cash equivalents LTRN´s has?
What are LTRN´s Current Liabilities?

TTM Quick Ratio Company Ranking
Within: No.
Within the Major Pharmaceutical Preparations Industry # 431
Healthcare Sector # 878
Within the Market # 3837


trailing twelve months Quick Ratio Statistics
High Average Low
20.73 11.66 2.54
(Jun 30 2022)   (Jun 30 2026)




Companies with similar Quick Ratio in the quarter ending Jun 30 2026, within Major Pharmaceutical Preparations Industry Quick RatioJun 30 2026 MRQ Cash & cash equivalentJun 30 2026 MRQ Current Liabilities
Viking Therapeutics Inc   4.57 $ 501.663  Millions$ 109.656  Millions
Camp4 Therapeutics Corporation  4.51 $ 86.398  Millions$ 19.142  Millions
Rein Therapeutics Inc   4.49 $ 43.627  Millions$ 9.709  Millions
Quantum Cyber N v   4.46 $ 13.415  Millions$ 3.005  Millions
Maia Biotechnology Inc   4.41 $ 27.596  Millions$ 6.258  Millions
Azitra Inc   4.40 $ 6.728  Millions$ 1.531  Millions
Cypherpunk Technologies Inc   4.39 $ 7.624  Millions$ 1.737  Millions
Rigel Pharmaceuticals Inc  4.35 $ 225.347  Millions$ 51.858  Millions
Biohaven Ltd   4.28 $ 267.866  Millions$ 62.658  Millions
Incannex Healthcare Inc  4.25 $ 67.711  Millions$ 15.940  Millions
Longeveron Inc   4.20 $ 18.104  Millions$ 4.307  Millions
Vistagen Therapeutics Inc   4.15 $ 46.439  Millions$ 11.192  Millions
Gyre Therapeutics Inc   4.12 $ 86.289  Millions$ 20.957  Millions
Seaport Therapeutics Inc   4.11 $ 64.423  Millions$ 15.674  Millions
Prelude Therapeutics Inc  3.99 $ 151.757  Millions$ 38.042  Millions
Alx Oncology Holdings Inc  3.97 $ 22.753  Millions$ 5.731  Millions
Actinium Pharmaceuticals Inc  3.94 $ 36.473  Millions$ 9.260  Millions
Veru Inc   3.88 $ 23.880  Millions$ 6.156  Millions
Gain Therapeutics inc  3.81 $ 13.084  Millions$ 3.434  Millions
Bolt Biotherapeutics Inc   3.79 $ 29.823  Millions$ 7.867  Millions
Acurx Pharmaceuticals inc   3.72 $ 10.656  Millions$ 2.865  Millions
Maplight Therapeutics Inc   3.71 $ 71.633  Millions$ 19.294  Millions
Aptevo Therapeutics Inc   3.47 $ 17.997  Millions$ 5.188  Millions
Ataibeckley Inc   3.43 $ 168.807  Millions$ 49.221  Millions
Dogwood Therapeutics inc   3.40 $ 9.628  Millions$ 2.831  Millions
Tvardi Therapeutics Inc   3.39 $ 30.865  Millions$ 9.113  Millions
Biomea Fusion Inc   3.32 $ 34.824  Millions$ 10.483  Millions
Abeona Therapeutics Inc   3.32 $ 146.826  Millions$ 44.233  Millions
Foghorn Therapeutics Inc   3.31 $ 167.582  Millions$ 50.579  Millions
Cingulate Inc   3.29 $ 28.403  Millions$ 8.631  Millions

Date modified: 2026-10-05T11:03:41+00:00



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