Knight TherapeuticsFRA:04K +2.59%73 Current Ratio is 2.32 as of Mar. 2026, which is 32% below its 10-year median of 3.39. GuruFocus rates FRA:04K with a GF Score™ of 73/100 and a GF Value™ of €5.30. The stock has 6 warning signs investors should review. Among 996 Drug Manufacturers companies, Knight Therapeutics ranks better than 56.93% on this metric.
The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Knight Therapeutics's current ratio for the quarter that ended in Mar. 2026 was 2.32.
Knight Therapeutics has a current ratio of 2.32. It generally indicates good short-term financial strength.
The historical rank and industry rank for Knight Therapeutics's Current Ratio or its related term are showing as below:
FRA:04K'
s Current Ratio Range Over the Past 10 Years
Min: 1.99 Med: 3.39 Max: 112.81
Current: 2.32
During the past 13 years, Knight Therapeutics's highest Current Ratio was 112.81. The lowest was 1.99. And the median was 3.39.
FRA:04K's Current Ratio is ranked better than 56.93% of 996
companies
in the Drug Manufacturers industry
Industry Median: 2
vs FRA:04K: 2.32
Knight Therapeutics (FRA:04K) Current Ratio Explanation
The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.
Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.
The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.
If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.
Knight Therapeutics Current Ratio Related Terms
Knight Therapeutics Current Ratio Historical Data
* Premium members only.
The historical data trend for Knight Therapeutics's Current Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Drug Manufacturers - Specialty & Generic subindustry, Knight Therapeutics's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Knight Therapeutics Current Ratio vs Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Knight Therapeutics's Current Ratio distribution charts can be found below:
* The bar in red indicates where Knight Therapeutics's Current Ratio falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Knight Therapeutics (FRA:04K) has a Current Ratio of 2.32 as of Mar. 2026. This is 32% below median its historical median of 3.39. Over the past decade, Knight Therapeutics' Current Ratio has ranged from 1.99 to 112.81. According to the industry distribution chart, Knight Therapeutics ranks #429 out of 996 companies in the Drug Manufacturers industry, placing it in the top 43.1%.
Is Knight Therapeutics' Current Ratio too high?
Knight Therapeutics' current Current Ratio of 2.32 is 32% below median its 10-year median of 3.39. Over the past 10 years, this metric has ranged from a low of 1.99 to a high of 112.81. The Drug Manufacturers industry median Current Ratio is 2.00. Knight Therapeutics' value of 2.32 is 16% above this industry median. Based on the distribution chart, Knight Therapeutics ranks #429 out of 996 companies in the Drug Manufacturers industry, which is above the industry midpoint. Overall, Knight Therapeutics has a GF Score™ of 73/100, reflecting its overall financial health beyond just this single metric.
How does Knight Therapeutics' Current Ratio compare to ZTS and UTHR?
According to the Drug Manufacturers industry distribution chart, Knight Therapeutics ranks #429 out of 996 companies for Current Ratio. This puts Knight Therapeutics in the upper half of its industry. The industry median Current Ratio is 2.00. Knight Therapeutics' value of 2.32 is 16% above this benchmark. Historically, Knight Therapeutics' own Current Ratio has ranged from 1.99 to 112.81 over the past decade. While the company's 10-year median is 3.39 vs. the industry median of 2.00, Knight Therapeutics has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for a Drug Manufacturers company?
The median Current Ratio among Drug Manufacturers companies is 2.00, based on 996 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Knight Therapeutics's current Current Ratio of 2.32 is 16% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Drug Manufacturers industry, the median Current Ratio is 2.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Knight Therapeutics's current Current Ratio is 2.32, which is 32% below median its own 10-year median of 3.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Knight Therapeutics stock overvalued right now?
Knight Therapeutics (FRA:04K) has a current Current Ratio of 2.32. The stock's GF Value™ is €5.30, compared to a current price of €5.95 — trading 12.3% above its estimated fair value. The current Current Ratio is 2.32, which is 32% below median its 10-year median of 3.39 and 16% above the Drug Manufacturers industry median of 2.00. Knight Therapeutics' overall GF Score™ is 73/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Knight Therapeutics (FRA:04K), the current Current Ratio is 2.32 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Knight Therapeutics (FRA:04K) Overvalued in 2026?
Based on GuruFocus' analysis, Knight Therapeutics stock appears to be overvalued.
The current stock price of €5.95 is trading 12.3% above its estimated GF Value™ of €5.30.
Key valuation signals for FRA:04K:
Current Ratio: 2.32 (32% below median its 10-year median of 3.39)
GF Value™: €5.30 vs. price of €5.95 (12.3% above fair value)
Industry Position: 16% above the Drug Manufacturers median (#429 of 996)
No single metric tells the full story. See the FRA:04K stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Knight Therapeutics Inc is a specialty and generic drug manufacturing company. The company's principal business activity is focused on developing, acquiring, in-licensing, out-licensing, marketing, and commercializing pharmaceuticalproducts. and distributing pharmaceutical products, consumer health products, and medical devices in Canada, Latin America and select international markets. The company finances other life sciences companies across the globe in order to generate interest income, strengthen relationships in the life sciences industry, and to secure product distribution rights. Geographically, the company generates revenue from Brazil, Canada, Colombia, Argentina, Mexico, Rest of LATAM, and Others, with the majority revenue generated from the Brazil region.
73GF Score
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