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Acorda Therapeutics Inc
NASDAQ ACORQ
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Acorda Therapeutics Inc Asset Turnover Ratio 2 year CAGR for the quarter ending March 31, 2024
Acorda Therapeutics Inc Asset Turnover Ratio 2 year CAGR is NA for the quarter ending March 31, 2024. The asset turnover ratio measures a company's efficiency in utilizing its assets to generate revenue. It is calculated by dividing the company's revenue by the average of its total assets and total non-current assets. This ratio indicates how effectively a company generates sales from its asset base. A higher ratio implies better asset utilization and revenue generation, while a lower ratio may suggest underutilization of assets or inefficient operations. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
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Acorda Therapeutics Inc Asset Turnover Ratio for the quarter ending March 31, 2023 was 0.12.
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NASDAQ: ACORQ
| CEO | - |
| IPO Date | Feb. 10, 2006 |
| Location | United States |
| Headquarters | 2 Blue Hill Plaza, Pearl River, NY, United States, 10965 |
| Employees | 102 |
| Sector | Healthcare |
| Industry | Drug manufacturers - specialty & generic |
Description
Acorda Therapeutics, Inc., a biopharmaceutical company, develops and commercializes therapies for neurological disorders in the United States. The company markets Ampyra (dalfampridine), an oral drug to improve walking in adults with multiple sclerosis; and Inbrija, an inhaled levodopa for intermittent treatment of OFF periods in people with Parkinson's disease treated with a carbidopa/levodopa regimen. It also markets Ampyra as Fampyra in Europe, Asia, and the Americas. In addition, it has collaboration and license agreement with Biogen Inc. for the development and commercialization of Ampyra. The company was incorporated in 1995 and is headquartered in Pearl River, New York. On April 1, 2024, Acorda Therapeutics, Inc., along with its affiliates, filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the Southern District of New York.
Key trends
StockViz Staff
September 19, 2024
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