MBIO (Mustang Bio) Current Ratio: 2.12 (As of Mar. 2026) — 70% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MBIO Mustang Bio Inc MBIO
30 GF Score
Price $0.67
! 2 Warning Signs
View Full Analysis

What is Mustang Bio Current Ratio?

Mustang Bio MBIO +1.49% 30 Current Ratio is 2.12 as of Mar. 2026, which is 70% below its 10-year median of 6.97. GuruFocus rates MBIO with a GF Score™ of 30/100. The stock has 2 warning signs investors should review. Among 1,411 Biotechnology companies, Mustang Bio ranks worse than 67.04% 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. Mustang Bio's current ratio for the quarter that ended in Mar. 2026 was 2.12.

Mustang Bio has a current ratio of 2.12. It generally indicates good short-term financial strength.

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

MBIO' s Current Ratio Range Over the Past 10 Years
Min: 0.4   Med: 6.97   Max: 92.51
Current: 2.12

During the past 11 years, Mustang Bio's highest Current Ratio was 92.51. The lowest was 0.40. And the median was 6.97.

MBIO's Current Ratio is ranked worse than
67.04% of 1411 companies
in the Biotechnology industry
Industry Median: 3.88 vs MBIO: 2.12

Mustang Bio  (NAS:MBIO) 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.


Mustang Bio Current Ratio Related Terms


Mustang Bio Current Ratio Historical Data

* Premium members only.

The historical data trend for Mustang Bio'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.

Mustang Bio Current Ratio Chart

Mustang Bio Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.33 5.22 0.74 0.68 2.22

Mustang Bio Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.34 1.30 2.05 2.22 2.12

MBIO vs ELAB, DRMA, PCSA: Current Ratio Comparison

For the Biotechnology subindustry, Mustang Bio'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.


Mustang Bio Current Ratio vs Biotechnology Industry

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

* The bar in red indicates where Mustang Bio's Current Ratio falls into.


MBIO
30GF Score
Mustang Bio Inc MBIO
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mustang Bio 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.

Mustang Bio's Current Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Current Ratio (A: Dec. 2025 )=Total Current Assets (A: Dec. 2025 )/Total Current Liabilities (A: Dec. 2025 )
=17.593/7.914
=2.22

Mustang Bio's Current Ratio for the quarter that ended in Mar. 2026 is calculated as

Current Ratio (Q: Mar. 2026 )=Total Current Assets (Q: Mar. 2026 )/Total Current Liabilities (Q: Mar. 2026 )
=16.582/7.836
=2.12

* 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 2.12 mean?
Mustang Bio (MBIO) has a Current Ratio of 2.12 as of Mar. 2026. This is 70% below median its historical median of 6.97. Over the past decade, Mustang Bio's Current Ratio has ranged from 0.40 to 92.51. According to the industry distribution chart, Mustang Bio ranks #946 out of 1411 companies in the Biotechnology industry, placing it in the top 67%.
Is Mustang Bio's Current Ratio too high?
Mustang Bio's current Current Ratio of 2.12 is 70% below median its 10-year median of 6.97. Over the past 10 years, this metric has ranged from a low of 0.40 to a high of 92.51. The Biotechnology industry median Current Ratio is 3.88. Mustang Bio's value of 2.12 is 45.4% below this industry median. Based on the distribution chart, Mustang Bio ranks #946 out of 1411 companies in the Biotechnology industry, which is below the industry midpoint. Overall, Mustang Bio has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Mustang Bio's Current Ratio compare to ELAB and DRMA?
According to the Biotechnology industry distribution chart, Mustang Bio ranks #946 out of 1411 companies for Current Ratio. This places Mustang Bio in the lower half of its industry. The industry median Current Ratio is 3.88. Mustang Bio's value of 2.12 is 45.4% below this benchmark. Historically, Mustang Bio's own Current Ratio has ranged from 0.40 to 92.51 over the past decade. While the company's 10-year median is 6.97 vs. the industry median of 3.88, Mustang Bio 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. Mustang Bio's current Current Ratio of 2.12 is 45.4% 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. Mustang Bio's current Current Ratio is 2.12, which is 70% below median its own 10-year median of 6.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mustang Bio stock overvalued right now?
Mustang Bio (MBIO) has a current Current Ratio of 2.12. The current Current Ratio is 2.12, which is 70% below median its 10-year median of 6.97 and 45.4% below the Biotechnology industry median of 3.88. Mustang Bio's overall GF Score™ is 30/100 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 Mustang Bio (MBIO), the current Current Ratio is 2.12 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.

Mustang Bio Business Description

Address 95 Sawyer Road, Suite 110, Waltham, MA, USA, 02453
Mustang Bio Inc is a clinical-stage biopharmaceutical company focused on translating today's medical breakthroughs into potential cures for difficult-to-treat cancers. It acquires rights to these technologies by licensing or otherwise acquiring an ownership interest in the technologies, funding their research and development, and eventually either out-licensing or bringing the technologies to market. Its pipeline is currently focused on the core areas of gene therapies for rare genetic disorders, chimeric antigen receptor (CAR) engineered T cell (CAR T) therapies for hematologic malignancies, and CAR T therapies for solid tumors.
30GF Score

Get the complete analysis for MBIO

Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.67
Price