Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the current ratio high or low?
The current ratio of 1.96 is 86% below its 5-year average of 14.44, near the low end of its 5-year range (1.87–42.75).
As of the fiscal period ended Tuesday, June 30, 2026. 25.19% below its 12-month average of 2.62.
Reported quarterly current ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 1.96.
CURRENT RATIO
1.96
CURRENT RATIO AVG TTM
2.62
CURRENT RATIO AVG 3Y
6.90
CURRENT RATIO AVG 5Y
14.44
CURRENT RATIO AVG 10Y
N/A
CURRENT RATIO AVG 15Y
N/A
CURRENT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-25.19%
CURRENT VS 3Y AVG
-71.65%
CURRENT VS 5Y AVG
-86.45%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
3.60
median of 795 covered companies
CURRENT VS SECTOR MEDIAN
-45.64%
vs the sector median at left
Market Cap
$12.37M
Current Ratio
10.57
TTM Avg
6.64
3Y Avg
7.08
5Y Avg
4.73
Market Cap
$12.77M
Current Ratio
0.66
TTM Avg
2.17
3Y Avg
2.40
5Y Avg
3.73
Market Cap
$12.78M
Current Ratio
6.66
TTM Avg
2.77
3Y Avg
1.93
5Y Avg
5.53
Market Cap
$11.61M
Current Ratio
15.87
TTM Avg
27.51
3Y Avg
16.79
5Y Avg
13.69
Market Cap
$11.46M
Current Ratio
8.97
TTM Avg
5.46
3Y Avg
4.04
5Y Avg
3.77
| NAME | MARKET CAP | CURRENT RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Lantern Pharma Inc. (LTRN) | $12.44M | 1.96 | 2.62 | 6.90 | 14.44 |
| Bullfrog AI Holdings, Inc. Common Stock (BFRG)vs › | $12.37M | 10.57 | 6.64 | 7.08 | 4.73 |
| Dare Bioscience, Inc. (DARE)vs › | $12.57M | 0.99 | 0.99 | 1.05 | 1.43 |
| IRIDEX Corporation (IRIX)vs › | $12.12M | 1.82 | 1.91 | 1.82 | 2.33 |
| Cytosorbents Corporation (CTSO)vs › | $12.77M | 0.66 | 2.17 | 2.40 | 3.73 |
| Cellectar Biosciences, Inc. (CLRB)vs › | $12.78M | 6.66 | 2.77 | 1.93 | 5.53 |
| Passage Bio, Inc. (PASG)vs › | $13.24M | 1.22 | 3.07 | 6.03 | 8.35 |
| Phio Pharmaceuticals Corp. (PHIO)vs › | $11.61M | 15.87 | 27.51 | 16.79 | 13.69 |
| Kiora Pharmaceuticals, Inc. (KPRX)vs › | $11.46M | 8.97 | 5.46 | 4.04 | 3.77 |
| Biofrontera Inc. (BFRI)vs › | $11.45M | 1.18 | 1.62 | 1.65 | 2.40 |
Current Ratio
1.96
Quick Ratio
1.96
Current Ratio = Current Assets / Current Liabilities
The current ratio measures short-term liquidity — a company's ability to cover current liabilities with current assets. Above 1.0 indicates positive working capital.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | CURRENT RATIO |
|---|---|
| 2026-06-30 | 1.96 |
| 2026-03-31 | 1.87 |
| 2025-12-31 | 2.40 |
| 2025-09-30 | 3.33 |
| 2025-06-30 | 3.52 |
| 2025-03-31 | 4.86 |
| 2024-12-31 | 5.83 |
| 2024-09-30 | 8.31 |
| 2024-06-30 | 7.67 |
| 2024-03-31 | 9.98 |
| 2023-12-31 | 16.18 |
| 2023-09-30 | 21.05 |
| 2023-06-30 | 16.92 |
| 2023-03-31 | 19.75 |
| 2022-12-31 | 20.99 |
| 2022-09-30 | 19.76 |
| 2022-06-30 | 12.38 |
| 2022-03-31 | 22.01 |
| 2021-12-31 | 31.26 |
| 2021-09-30 | 42.75 |
| 2021-06-30 | 30.55 |
| 2021-03-31 | 124.12 |
| 2020-12-31 | 36.64 |
| 2020-09-30 | 27.59 |
| 2020-06-30 | 11.24 |
| 2020-03-31 | 1.53 |
| 2019-12-31 | 2.52 |
| 2019-09-30 | 0.00 |
| 2019-06-30 | 0.00 |
| 2019-03-31 | 0.00 |
