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What is Many Bright Ideas Technologies Current Ratio?
Many Bright Ideas TechnologiesMBGNF Current Ratio is 0.04 as of Mar. 2026, which is 64% below its 10-year median of 0.11. The stock has 1 warning sign investors should review. Among 213 Medical Diagnostics & Research companies, Many Bright Ideas Technologies ranks worse than 100.47% on this metric.
Many Bright Ideas Technologies has a current ratio of 0.04. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Many Bright Ideas Technologies 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 Many Bright Ideas Technologies's Current Ratio or its related term are showing as below:
MBGNF'
s Current Ratio Range Over the Past 10 Years
Min: 0.01 Med: 0.11 Max: 0.95
Current: 0.04
During the past 13 years, Many Bright Ideas Technologies's highest Current Ratio was 0.95. The lowest was 0.01. And the median was 0.11.
MBGNF's Current Ratio is ranked worse than 100% of 213
companies
in the Medical Diagnostics & Research industry
Industry Median: 2.1
vs MBGNF: 0.04
Many Bright Ideas Technologies (OTCPK:MBGNF) 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.
Many Bright Ideas Technologies Current Ratio Related Terms
Many Bright Ideas Technologies Current Ratio Historical Data
* 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.
Many Bright Ideas Technologies Current Ratio Chart
For the Diagnostics & Research subindustry, Many Bright Ideas Technologies'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.
Many Bright Ideas Technologies Current Ratio vs Medical Diagnostics & Research Industry
For the Medical Diagnostics & Research industry and Healthcare sector, Many Bright Ideas Technologies's Current Ratio distribution charts can be found below:
* The bar in red indicates where Many Bright Ideas Technologies'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.
Many Bright Ideas Technologies (MBGNF) has a Current Ratio of 0.04 as of Mar. 2026. This is 64% below median its historical median of 0.11. Over the past decade, Many Bright Ideas Technologies' Current Ratio has ranged from 0.01 to 0.95. According to the industry distribution chart, Many Bright Ideas Technologies ranks #214 out of 213 companies in the Medical Diagnostics & Research industry.
Is Many Bright Ideas Technologies' Current Ratio too high?
Many Bright Ideas Technologies' current Current Ratio of 0.04 is 64% below median its 10-year median of 0.11. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.95. The Medical Diagnostics & Research industry median Current Ratio is 2.10. Many Bright Ideas Technologies' value of 0.04 is 98.1% below this industry median. Based on the distribution chart, Many Bright Ideas Technologies ranks #214 out of 213 companies in the Medical Diagnostics & Research industry, which is in the bottom quartile relative to peers.
How does Many Bright Ideas Technologies' Current Ratio compare to TMO and DHR?
According to the Medical Diagnostics & Research industry distribution chart, Many Bright Ideas Technologies ranks #214 out of 213 companies for Current Ratio. This places Many Bright Ideas Technologies in the lower half of its industry. The industry median Current Ratio is 2.10. Many Bright Ideas Technologies' value of 0.04 is 98.1% below this benchmark. Historically, Many Bright Ideas Technologies' own Current Ratio has ranged from 0.01 to 0.95 over the past decade. While the company's 10-year median is 0.11 vs. the industry median of 2.10, Many Bright Ideas Technologies 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 213 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. Many Bright Ideas Technologies's current Current Ratio of 0.04 is 98.1% 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. Many Bright Ideas Technologies's current Current Ratio is 0.04, which is 64% below median its own 10-year median of 0.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Many Bright Ideas Technologies stock overvalued right now?
Many Bright Ideas Technologies (MBGNF) has a current Current Ratio of 0.04. The current Current Ratio is 0.04, which is 64% below median its 10-year median of 0.11 and 98.1% below the Medical Diagnostics & Research industry median of 2.10. 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 Many Bright Ideas Technologies (MBGNF), the current Current Ratio is 0.04 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.
Many Bright Ideas Technologies Business Description
Many Bright Ideas Technologies Inc is a Canada-based life science company. It focused on the development and commercialization of genomic-based clinical laboratory diagnostic tests. The company is engaged in managing the license and rights to GeneFx Lung, which is a proprietary gene expression-based test for identifying those patients with early-stage non-small-cell lung cancer.
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