Level Bio ABFRA:4MB +8.00%23 Current Ratio is 1.01 as of Mar. 2026, which is 33% below its 10-year median of 1.51. GuruFocus rates FRA:4MB with a GF Score™ of 23/100. The stock has 4 warning signs investors should review. Among 214 Medical Diagnostics & Research companies, Level Bio AB ranks worse than 79.91% 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. Level Bio AB's current ratio for the quarter that ended in Mar. 2026 was 1.01.
Level Bio AB has a current ratio of 1.01. It generally indicates good short-term financial strength.
The historical rank and industry rank for Level Bio AB's Current Ratio or its related term are showing as below:
FRA:4MB'
s Current Ratio Range Over the Past 10 Years
Min: 0.98 Med: 1.51 Max: 3.78
Current: 1.01
During the past 13 years, Level Bio AB's highest Current Ratio was 3.78. The lowest was 0.98. And the median was 1.51.
FRA:4MB's Current Ratio is ranked worse than 79.91% of 214
companies
in the Medical Diagnostics & Research industry
Industry Median: 2.1
vs FRA:4MB: 1.01
Level Bio AB (FRA:4MB) 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.
Level Bio AB Current Ratio Related Terms
Level Bio AB Current Ratio Historical Data
* Premium members only.
The historical data trend for Level Bio AB'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.
FRA:4MB vs TMO, DHR, IDXX: Current Ratio Comparison
For the Diagnostics & Research subindustry, Level Bio AB'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.
Level Bio AB Current Ratio vs Medical Diagnostics & Research Industry
For the Medical Diagnostics & Research industry and Healthcare sector, Level Bio AB's Current Ratio distribution charts can be found below:
* The bar in red indicates where Level Bio AB'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.
Level Bio AB (FRA:4MB) has a Current Ratio of 1.01 as of Mar. 2026. This is 33% below median its historical median of 1.51. Over the past decade, Level Bio AB's Current Ratio has ranged from 0.98 to 3.78. According to the industry distribution chart, Level Bio AB ranks #171 out of 214 companies in the Medical Diagnostics & Research industry, placing it in the top 79.9%.
Is Level Bio AB's Current Ratio too high?
Level Bio AB's current Current Ratio of 1.01 is 33% below median its 10-year median of 1.51. Over the past 10 years, this metric has ranged from a low of 0.98 to a high of 3.78. The Medical Diagnostics & Research industry median Current Ratio is 2.10. Level Bio AB's value of 1.01 is 51.9% below this industry median. Based on the distribution chart, Level Bio AB ranks #171 out of 214 companies in the Medical Diagnostics & Research industry, which is in the bottom quartile relative to peers. Overall, Level Bio AB has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Level Bio AB's Current Ratio compare to TMO and DHR?
According to the Medical Diagnostics & Research industry distribution chart, Level Bio AB ranks #171 out of 214 companies for Current Ratio. This places Level Bio AB in the lower half of its industry. The industry median Current Ratio is 2.10. Level Bio AB's value of 1.01 is 51.9% below this benchmark. Historically, Level Bio AB's own Current Ratio has ranged from 0.98 to 3.78 over the past decade. While the company's 10-year median is 1.51 vs. the industry median of 2.10, Level Bio AB has consistently been below 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 Medical Diagnostics & Research company?
The median Current Ratio among Medical Diagnostics & Research companies is 2.10, based on 214 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. Level Bio AB's current Current Ratio of 1.01 is 51.9% below 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 Medical Diagnostics & Research industry, the median Current Ratio is 2.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Level Bio AB's current Current Ratio is 1.01, which is 33% below median its own 10-year median of 1.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Level Bio AB stock overvalued right now?
Level Bio AB (FRA:4MB) has a current Current Ratio of 1.01. The current Current Ratio is 1.01, which is 33% below median its 10-year median of 1.51 and 51.9% below the Medical Diagnostics & Research industry median of 2.10. Level Bio AB's overall GF Score™ is 23/100 with 4 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 Level Bio AB (FRA:4MB), the current Current Ratio is 1.01 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.
Level Bio AB is a parent company and operates through subsidiary. It develops and manufactures diagnostic kits for the clinical market and also is a distributor and full service partner to molecular biology labs in the Nordics.
23GF Score
Get the complete analysis for FRA:4MB
Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:4MB has been successfully added to your 
