Biotechnology Companies By Current Ratio

Current Ratio
Current RatioEfficiencyMarket RiskExp Return
1SBFM Sunshine Biopharma
401.11
(0.04)
 4.81 
(0.19)
2GHRS GH Research PLC
86.02
 0.08 
 10.58 
 0.89 
3SBFMW Sunshine Biopharma Warrant
85.09
 0.15 
 44.59 
 6.87 
4PMCB PharmaCyte Biotech
75.51
 0.04 
 3.55 
 0.15 
5GLSI Greenwich Lifesciences
65.74
(0.10)
 3.07 
(0.31)
6RZLT Rezolute
61.78
(0.06)
 3.93 
(0.25)
7CELZ Creative Medical Technology
58.88
 0.16 
 7.37 
 1.16 
8XENE Xenon Pharmaceuticals
57.86
(0.09)
 2.07 
(0.19)
9KTTA Pasithea Therapeutics Corp
51.17
(0.18)
 7.06 
(1.30)
10TYRA Tyra Biosciences
50.83
(0.10)
 3.03 
(0.30)
11NAUT Nautilus Biotechnology
49.75
(0.16)
 3.94 
(0.65)
12DSGN Design Therapeutics
48.96
(0.03)
 5.97 
(0.21)
13SNPX Synaptogenix
47.22
 0.00 
 5.37 
 0.01 
14BCTX Briacell Therapeutics Corp
45.0
(0.17)
 9.72 
(1.66)
15EPIX ESSA Pharma
43.43
(0.04)
 2.12 
(0.08)
16DRTS Alpha Tau Medical
41.98
 0.01 
 3.87 
 0.04 
17AVTE Aerovate Therapeutics
40.85
(0.07)
 1.92 
(0.13)
18LEXX Lexaria Bioscience Corp
40.09
(0.09)
 5.16 
(0.46)
19KZR Kezar Life Sciences
39.64
(0.14)
 2.44 
(0.33)
20SVRA Savara Inc
39.23
(0.09)
 3.67 
(0.34)
The analysis above is based on a 90-day investment horizon and a default level of risk. Use the Portfolio Analyzer to fine-tune all your assumptions. Check your current assumptions here.
Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company. Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).