GLABF (Gemina Laboratories) Current Ratio: 0.01 (As of Oct. 2025) — 96% Below Median


What is Gemina Laboratories Current Ratio?

Gemina Laboratories GLABF -27.59% Current Ratio is 0.01 as of Oct. 2025, which is 96% below its 10-year median of 0.28. The stock has 2 warning signs investors should review.

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. Gemina Laboratories's current ratio for the quarter that ended in Oct. 2025 was 0.01.

Gemina Laboratories has a current ratio of 0.01. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Gemina Laboratories has good long-term prospects, it may be able to borrow against those prospects to meet current obligations.

The historical rank and industry rank for Gemina Laboratories's Current Ratio or its related term are showing as below:

GLABF' s Current Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.28   Max: 4.41
Current: 0.01

During the past 5 years, Gemina Laboratories's highest Current Ratio was 4.41. The lowest was 0.01. And the median was 0.28.

GLABF's Current Ratio is not ranked
in the Biotechnology industry.
Industry Median: 3.885 vs GLABF: 0.01

Gemina Laboratories  (OTCPK:GLABF) 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.


Gemina Laboratories Current Ratio Related Terms


Gemina Laboratories Current Ratio Historical Data

* Premium members only.

The historical data trend for Gemina Laboratories'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.

Gemina Laboratories Current Ratio Chart

Gemina Laboratories Annual Data
Trend Jan21 Jan22 Jan23 Jan24 Jan25
Current Ratio
1.05 2.94 0.32 0.03 0.02

Gemina Laboratories Quarterly Data
Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.03 0.02 0.02 0.01 0.01

GLABF vs VRTX, REGN, ALNY: Current Ratio Comparison

For the Biotechnology subindustry, Gemina Laboratories'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.


Gemina Laboratories Current Ratio vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Gemina Laboratories's Current Ratio distribution charts can be found below:

* The bar in red indicates where Gemina Laboratories's Current Ratio falls into.



Gemina Laboratories Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Gemina Laboratories's Current Ratio for the fiscal year that ended in Jan. 2025 is calculated as

Current Ratio (A: Jan. 2025 )=Total Current Assets (A: Jan. 2025 )/Total Current Liabilities (A: Jan. 2025 )
=0.074/3.96
=0.02

Gemina Laboratories's Current Ratio for the quarter that ended in Oct. 2025 is calculated as

Current Ratio (Q: Oct. 2025 )=Total Current Assets (Q: Oct. 2025 )/Total Current Liabilities (Q: Oct. 2025 )
=0.039/4.47
=0.01

* 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.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 0.01 mean?
Gemina Laboratories (GLABF) has a Current Ratio of 0.01 as of Oct. 2025. This is 96% below median its historical median of 0.28. Over the past decade, Gemina Laboratories' Current Ratio has ranged from 0.01 to 4.41.
Is Gemina Laboratories' Current Ratio too high?
Gemina Laboratories' current Current Ratio of 0.01 is 96% below median its 10-year median of 0.28. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 4.41. The Biotechnology industry median Current Ratio is 3.89. Gemina Laboratories' value of 0.01 is 99.7% below this industry median.
How does Gemina Laboratories' Current Ratio compare to VRTX and REGN?
Gemina Laboratories' Current Ratio of 0.01 can be compared against companies in the Biotechnology industry. The industry median Current Ratio is 3.89. Gemina Laboratories' value of 0.01 is 99.7% below this benchmark. Historically, Gemina Laboratories' own Current Ratio has ranged from 0.01 to 4.41 over the past decade. While the company's 10-year median is 0.28 vs. the industry median of 3.89, Gemina Laboratories 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 Biotechnology company?
The median Current Ratio among Biotechnology companies is 3.89, based on 1,416 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. Gemina Laboratories's current Current Ratio of 0.01 is 99.7% 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 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. Gemina Laboratories's current Current Ratio is 0.01, which is 96% below median its own 10-year median of 0.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gemina Laboratories stock overvalued right now?
Gemina Laboratories (GLABF) has a current Current Ratio of 0.01. The current Current Ratio is 0.01, which is 96% below median its 10-year median of 0.28 and 99.7% below the Biotechnology industry median of 3.89. 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 Gemina Laboratories (GLABF), the current Current Ratio is 0.01 as of Oct. 2025. 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.

Gemina Laboratories Business Description

Address 3600 Gilmore Mall, Suite 302, Burnaby, BC, CAN, V5G 4R8
Gemina Laboratories Ltd is a biotechnology company that operates in the In Vitro Diagnostics (IVD) and human wellness monitoring market under the name Gemina Labs. The company endeavors to develop novel surface functionalization chemistries for the detection of pathogens and biomarkers.