Bicycle TherapeuticsFRA:50BA -2.89%56 Current Ratio is 12.66 as of Mar. 2026, which is 28% above its 10-year median of 9.88. GuruFocus rates FRA:50BA with a GF Score™ of 56/100 and a GF Value™ of €12.39 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,413 Biotechnology companies, Bicycle Therapeutics ranks better than 82.94% 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. Bicycle Therapeutics's current ratio for the quarter that ended in Mar. 2026 was 12.66.
Bicycle Therapeutics has a current ratio of 12.66. It indicates the company may not be efficiently using its current assets or its short-term financing facilities. This may also indicate problems in working capital management.
The historical rank and industry rank for Bicycle Therapeutics's Current Ratio or its related term are showing as below:
FRA:50BA'
s Current Ratio Range Over the Past 10 Years
Min: 5.65 Med: 9.88 Max: 17.13
Current: 12.66
During the past 9 years, Bicycle Therapeutics's highest Current Ratio was 17.13. The lowest was 5.65. And the median was 9.88.
FRA:50BA's Current Ratio is ranked better than 82.94% of 1413
companies
in the Biotechnology industry
Industry Median: 3.89
vs FRA:50BA: 12.66
Bicycle Therapeutics (FRA:50BA) 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.
Bicycle Therapeutics Current Ratio Related Terms
Bicycle Therapeutics Current Ratio Historical Data
* Premium members only.
The historical data trend for Bicycle 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.
FRA:50BA vs ABEO, DMAC, FATE: Current Ratio Comparison
For the Biotechnology subindustry, Bicycle 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.
Bicycle Therapeutics Current Ratio vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Bicycle Therapeutics's Current Ratio distribution charts can be found below:
* The bar in red indicates where Bicycle 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.
Bicycle Therapeutics (FRA:50BA) has a Current Ratio of 12.66 as of Mar. 2026. This is 28% above median its historical median of 9.88. Over the past decade, Bicycle Therapeutics' Current Ratio has ranged from 5.65 to 17.13. According to the industry distribution chart, Bicycle Therapeutics ranks #241 out of 1413 companies in the Biotechnology industry, placing it in the top 17.1%.
Is Bicycle Therapeutics' Current Ratio too high?
Bicycle Therapeutics' current Current Ratio of 12.66 is 28% above median its 10-year median of 9.88. Over the past 10 years, this metric has ranged from a low of 5.65 to a high of 17.13. The Biotechnology industry median Current Ratio is 3.89. Bicycle Therapeutics' value of 12.66 is 225.4% above this industry median. Based on the distribution chart, Bicycle Therapeutics ranks #241 out of 1413 companies in the Biotechnology industry, which is in the top quartile — a strong position relative to peers. Overall, Bicycle Therapeutics has a GF Score™ of 56/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Bicycle Therapeutics' Current Ratio compare to ABEO and DMAC?
According to the Biotechnology industry distribution chart, Bicycle Therapeutics ranks #241 out of 1413 companies for Current Ratio. This places Bicycle Therapeutics in the top 17% of its industry — outperforming the majority of peers. The industry median Current Ratio is 3.89. Bicycle Therapeutics' value of 12.66 is 225.4% above this benchmark. Historically, Bicycle Therapeutics' own Current Ratio has ranged from 5.65 to 17.13 over the past decade. While the company's 10-year median is 9.88 vs. the industry median of 3.89, Bicycle 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 Biotechnology company?
The median Current Ratio among Biotechnology companies is 3.89, based on 1,413 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. Bicycle Therapeutics's current Current Ratio of 12.66 is 225.4% 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 Biotechnology industry, the median Current Ratio is 3.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bicycle Therapeutics's current Current Ratio is 12.66, which is 28% above median its own 10-year median of 9.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bicycle Therapeutics stock overvalued right now?
Based on GuruFocus' analysis, Bicycle Therapeutics (FRA:50BA) is currently considered Possible Value Trap. The stock's GF Value™ is €12.39, compared to a current price of €3.36 — trading 72.9% below its estimated fair value. The current Current Ratio is 12.66, which is 28% above median its 10-year median of 9.88 and 225.4% above the Biotechnology industry median of 3.89. Bicycle Therapeutics' overall GF Score™ is 56/100 with 5 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 Bicycle Therapeutics (FRA:50BA), the current Current Ratio is 12.66 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 Bicycle Therapeutics (FRA:50BA) Overvalued in 2026?
Based on GuruFocus' analysis, Bicycle Therapeutics stock appears to be undervalued.
The current stock price of €3.36 is trading 72.9% below its estimated GF Value™ of €12.39.
GuruFocus considers Bicycle Therapeutics to be Possible Value Trap.
Key valuation signals for FRA:50BA:
Current Ratio: 12.66 (28% above median its 10-year median of 9.88)
GF Value™: €12.39 vs. price of €3.36 (72.9% below fair value)
Industry Position: 225.4% above the Biotechnology median (#241 of 1413)
No single metric tells the full story. See the FRA:50BA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bicycle Therapeutics PLC is a clinical-stage biopharmaceutical company developing a novel class of medicines which are referred to as Bicycles. The Bicycles are synthetic short peptides constrained to form two loops that stabilize their structural geometry. Its initial internal programs are focused on oncology indications with high unmet medical needs. The company's product candidate, BT1718, is a Bicycle Toxin Conjugate, or BTC. The company has two segments: the United Kingdom and the United States. It derives maximum revenue from United Kingdom.
56GF Score
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