MapLight TherapeuticsMPLT +3.09%14 Current Ratio is 22.91 as of Mar. 2026, which is 203% above its 10-year median of 7.57. GuruFocus rates MPLT with a GF Score™ of 14/100. The stock has 4 warning signs investors should review. Among 1,412 Biotechnology companies, MapLight Therapeutics ranks better than 94.33% 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. MapLight Therapeutics's current ratio for the quarter that ended in Mar. 2026 was 22.91.
MapLight Therapeutics has a current ratio of 22.91. 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 MapLight Therapeutics's Current Ratio or its related term are showing as below:
MPLT'
s Current Ratio Range Over the Past 10 Years
Min: 2.54 Med: 7.57 Max: 22.91
Current: 22.91
During the past 4 years, MapLight Therapeutics's highest Current Ratio was 22.91. The lowest was 2.54. And the median was 7.57.
MPLT's Current Ratio is ranked better than 94.33% of 1412
companies
in the Biotechnology industry
Industry Median: 3.9
vs MPLT: 22.91
MapLight Therapeutics (NAS:MPLT) 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.
MapLight Therapeutics Current Ratio Related Terms
MapLight Therapeutics Current Ratio Historical Data
* Premium members only.
The historical data trend for MapLight 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.
MPLT vs COAG, CAPR, NVAX: Current Ratio Comparison
For the Biotechnology subindustry, MapLight 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.
MapLight Therapeutics Current Ratio vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, MapLight Therapeutics's Current Ratio distribution charts can be found below:
* The bar in red indicates where MapLight 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.
MapLight Therapeutics (MPLT) has a Current Ratio of 22.91 as of Mar. 2026. This is 203% above median its historical median of 7.57. Over the past decade, MapLight Therapeutics' Current Ratio has ranged from 2.54 to 22.91. According to the industry distribution chart, MapLight Therapeutics ranks #80 out of 1412 companies in the Biotechnology industry, placing it in the top 5.7%.
Is MapLight Therapeutics' Current Ratio too high?
MapLight Therapeutics' current Current Ratio of 22.91 is 203% above median its 10-year median of 7.57. Over the past 10 years, this metric has ranged from a low of 2.54 to a high of 22.91. The Biotechnology industry median Current Ratio is 3.90. MapLight Therapeutics' value of 22.91 is 487.4% above this industry median. Based on the distribution chart, MapLight Therapeutics ranks #80 out of 1412 companies in the Biotechnology industry, which is in the top quartile — a strong position relative to peers. Overall, MapLight Therapeutics has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does MapLight Therapeutics' Current Ratio compare to COAG and CAPR?
According to the Biotechnology industry distribution chart, MapLight Therapeutics ranks #80 out of 1412 companies for Current Ratio. This places MapLight Therapeutics in the top 6% of its industry — outperforming the majority of peers. The industry median Current Ratio is 3.90. MapLight Therapeutics' value of 22.91 is 487.4% above this benchmark. Historically, MapLight Therapeutics' own Current Ratio has ranged from 2.54 to 22.91 over the past decade. While the company's 10-year median is 7.57 vs. the industry median of 3.90, MapLight 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 3.90, based on 1,412 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. MapLight Therapeutics's current Current Ratio of 22.91 is 487.4% 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 3.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MapLight Therapeutics's current Current Ratio is 22.91, which is 203% above median its own 10-year median of 7.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MapLight Therapeutics stock overvalued right now?
MapLight Therapeutics (MPLT) has a current Current Ratio of 22.91. The current Current Ratio is 22.91, which is 203% above median its 10-year median of 7.57 and 487.4% above the Biotechnology industry median of 3.90. MapLight Therapeutics' overall GF Score™ is 14/100 with 4 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 MapLight Therapeutics (MPLT), the current Current Ratio is 22.91 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.
MapLight Therapeutics Inc is a clinical-stage biopharmaceutical company focused on developing treatments for central nervous system disorders. Its discovery platform identifies neural circuits causally linked to disease and targets them for therapeutic modulation, aiming to improve efficacy, safety, tolerability, and ease of use. The company was founded by leaders in psychiatry and neuroscience research to address the lack of circuit-specific pharmacotherapies. Its product candidate, ML-007C-MA, is a fixed-dose combination of an M1/M4 muscarinic agonist and a peripherally acting anticholinergic, being developed for schizophrenia and Alzheimer's disease psychosis, designed to activate central receptors while mitigating peripheral side effects.
14GF Score
Get the complete analysis for MPLT
Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MPLT has been successfully added to your 
