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Grace TherapeuticsFRA:L8S 29 Current Ratio is 11.47 as of Jun. 2026, which is 42% above its 10-year median of 8.10. GuruFocus rates FRA:L8S with a GF Score™ of 29/100. The stock has 2 warning signs investors should review. Among 1,410 Biotechnology companies, Grace Therapeutics ranks better than 80.99% 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. Grace Therapeutics's current ratio for the quarter that ended in Jun. 2026 was 11.47.
Grace Therapeutics has a current ratio of 11.47. 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 Grace Therapeutics's Current Ratio or its related term are showing as below:
FRA:L8S'
s Current Ratio Range Over the Past 10 Years
Min: 0.56 Med: 8.1 Max: 39.5
Current: 11.47
During the past 13 years, Grace Therapeutics's highest Current Ratio was 39.50. The lowest was 0.56. And the median was 8.10.
FRA:L8S's Current Ratio is ranked better than 80.99% of 1410
companies
in the Biotechnology industry
Industry Median: 3.95
vs FRA:L8S: 11.47
Grace Therapeutics (FRA:L8S) 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.
Grace Therapeutics Current Ratio Related Terms
Grace Therapeutics Current Ratio Historical Data
* Premium members only.
The historical data trend for Grace 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:L8S vs VERU, TVGN, MGX: Current Ratio Comparison
For the Biotechnology subindustry, Grace 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.
Grace Therapeutics Current Ratio vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Grace Therapeutics's Current Ratio distribution charts can be found below:
* The bar in red indicates where Grace 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.
Grace Therapeutics (FRA:L8S) has a Current Ratio of 11.47 as of Jun. 2026. This is 42% above median its historical median of 8.10. Over the past decade, Grace Therapeutics' Current Ratio has ranged from 0.56 to 39.50. According to the industry distribution chart, Grace Therapeutics ranks #268 out of 1410 companies in the Biotechnology industry, placing it in the top 19%.
Is Grace Therapeutics' Current Ratio too high?
Grace Therapeutics' current Current Ratio of 11.47 is 42% above median its 10-year median of 8.10. Over the past 10 years, this metric has ranged from a low of 0.56 to a high of 39.50. The Biotechnology industry median Current Ratio is 3.95. Grace Therapeutics' value of 11.47 is 190.4% above this industry median. Based on the distribution chart, Grace Therapeutics ranks #268 out of 1410 companies in the Biotechnology industry, which is in the top quartile — a strong position relative to peers. Overall, Grace Therapeutics has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Grace Therapeutics' Current Ratio compare to VERU and TVGN?
According to the Biotechnology industry distribution chart, Grace Therapeutics ranks #268 out of 1410 companies for Current Ratio. This places Grace Therapeutics in the top 19% of its industry — outperforming the majority of peers. The industry median Current Ratio is 3.95. Grace Therapeutics' value of 11.47 is 190.4% above this benchmark. Historically, Grace Therapeutics' own Current Ratio has ranged from 0.56 to 39.50 over the past decade. While the company's 10-year median is 8.10 vs. the industry median of 3.95, Grace 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 3.95, based on 1,410 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. Grace Therapeutics's current Current Ratio of 11.47 is 190.4% 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 3.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grace Therapeutics's current Current Ratio is 11.47, which is 42% above median its own 10-year median of 8.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grace Therapeutics stock overvalued right now?
Grace Therapeutics (FRA:L8S) has a current Current Ratio of 11.47. The current Current Ratio is 11.47, which is 42% above median its 10-year median of 8.10 and 190.4% above the Biotechnology industry median of 3.95. Grace Therapeutics' overall GF Score™ is 29/100 with 2 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 Grace Therapeutics (FRA:L8S), the current Current Ratio is 11.47 as of Jun. 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.
Grace Therapeutics Inc is a late-stage biopharma company with drug candidates addressing rare and orphan diseases. Its development pipeline consists of the following product candidates: GTx-104, a novel injectable formulation of nimodipine for the treatment of a rare disease, aneurysmal subarachnoid hemorrhage (aSAH); GTx-102, targeted for the treatment of ataxia-telangiectasia (A-T) in a pediatric population; and GTx-101, a topical bio adhesive film-forming bupivacaine spray for Postherpetic Neuralgia (PHN), which can be persistent and often causes debilitating pain following infection by the shingles virus. The company has one reportable operating segment: the development and commercialization of pharmaceutical applications of its patents and licensed rights.
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