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Lantern PharmaLTRN -0.34%33 Current Ratio is 1.87 as of Mar. 2026, which is 85% below its 10-year median of 12.38. GuruFocus rates LTRN with a GF Score™ of 33/100. The stock has 2 warning signs investors should review. Among 1,411 Biotechnology companies, Lantern Pharma ranks worse than 70.45% 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. Lantern Pharma's current ratio for the quarter that ended in Mar. 2026 was 1.87.
Lantern Pharma has a current ratio of 1.87. It generally indicates good short-term financial strength.
The historical rank and industry rank for Lantern Pharma's Current Ratio or its related term are showing as below:
LTRN'
s Current Ratio Range Over the Past 10 Years
Min: 0.68 Med: 12.38 Max: 124.04
Current: 1.87
During the past 8 years, Lantern Pharma's highest Current Ratio was 124.04. The lowest was 0.68. And the median was 12.38.
LTRN's Current Ratio is ranked worse than 70.45% of 1411
companies
in the Biotechnology industry
Industry Median: 3.88
vs LTRN: 1.87
Lantern Pharma (NAS:LTRN) 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.
Lantern Pharma Current Ratio Related Terms
Lantern Pharma Current Ratio Historical Data
* Premium members only.
The historical data trend for Lantern Pharma'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 Biotechnology subindustry, Lantern Pharma'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.
Lantern Pharma Current Ratio vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Lantern Pharma's Current Ratio distribution charts can be found below:
* The bar in red indicates where Lantern Pharma'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.
Lantern Pharma (LTRN) has a Current Ratio of 1.87 as of Mar. 2026. This is 85% below median its historical median of 12.38. Over the past decade, Lantern Pharma's Current Ratio has ranged from 0.68 to 124.04. According to the industry distribution chart, Lantern Pharma ranks #994 out of 1411 companies in the Biotechnology industry, placing it in the top 70.4%.
Is Lantern Pharma's Current Ratio too high?
Lantern Pharma's current Current Ratio of 1.87 is 85% below median its 10-year median of 12.38. Over the past 10 years, this metric has ranged from a low of 0.68 to a high of 124.04. The Biotechnology industry median Current Ratio is 3.88. Lantern Pharma's value of 1.87 is 51.8% below this industry median. Based on the distribution chart, Lantern Pharma ranks #994 out of 1411 companies in the Biotechnology industry, which is below the industry midpoint. Overall, Lantern Pharma has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Lantern Pharma's Current Ratio compare to PDSB and AURX?
According to the Biotechnology industry distribution chart, Lantern Pharma ranks #994 out of 1411 companies for Current Ratio. This places Lantern Pharma in the lower half of its industry. The industry median Current Ratio is 3.88. Lantern Pharma's value of 1.87 is 51.8% below this benchmark. Historically, Lantern Pharma's own Current Ratio has ranged from 0.68 to 124.04 over the past decade. While the company's 10-year median is 12.38 vs. the industry median of 3.88, Lantern Pharma 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 3.88, based on 1,411 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. Lantern Pharma's current Current Ratio of 1.87 is 51.8% 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 3.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lantern Pharma's current Current Ratio is 1.87, which is 85% below median its own 10-year median of 12.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lantern Pharma stock overvalued right now?
Lantern Pharma (LTRN) has a current Current Ratio of 1.87. The current Current Ratio is 1.87, which is 85% below median its 10-year median of 12.38 and 51.8% below the Biotechnology industry median of 3.88. Lantern Pharma's overall GF Score™ is 33/100 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 Lantern Pharma (LTRN), the current Current Ratio is 1.87 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.
Lantern Pharma Inc is a biopharmaceutical company focused on developing oncology drug candidates using its artificial intelligence platform. The company utilizes its proprietary RADR platform to identify, develop, and advance small molecule therapies and antibody-drug conjugates, with a pipeline that includes three lead small molecule drug candidates (LP-300, LP-184, and LP-284) targeting solid tumors and blood cancers. It also advances programs through its subsidiary focused on central nervous system and brain cancers.
33GF Score
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