AFT Pharmaceuticals (NZSE:AFT) Current Ratio: 2.24 (As of Mar. 2026) — Near Median


NZSE:AFT AFT Pharmaceuticals Ltd NZSE:AFT
95 GF Score
Price NZ$3.91
GF Value NZ$4.18
Valuation Fairly Valued
! 4 Warning Signs
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What is AFT Pharmaceuticals Current Ratio?

AFT Pharmaceuticals NZSE:AFT 95 Current Ratio is 2.24 as of Mar. 2026, which is 4% below its 10-year median of 2.34. GuruFocus rates NZSE:AFT with a GF Score™ of 95/100 and a GF Value™ of NZ$4.18 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,000 Drug Manufacturers companies, AFT Pharmaceuticals ranks better than 55.6% 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. AFT Pharmaceuticals's current ratio for the quarter that ended in Mar. 2026 was 2.24.

AFT Pharmaceuticals has a current ratio of 2.24. It generally indicates good short-term financial strength.

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

NZSE:AFT' s Current Ratio Range Over the Past 10 Years
Min: 0.88   Med: 2.34   Max: 3.53
Current: 2.24

During the past 11 years, AFT Pharmaceuticals's highest Current Ratio was 3.53. The lowest was 0.88. And the median was 2.34.

NZSE:AFT's Current Ratio is ranked better than
55.6% of 1000 companies
in the Drug Manufacturers industry
Industry Median: 2 vs NZSE:AFT: 2.24

AFT Pharmaceuticals  (NZSE:AFT) 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.


AFT Pharmaceuticals Current Ratio Related Terms


AFT Pharmaceuticals Current Ratio Historical Data

* Premium members only.

The historical data trend for AFT Pharmaceuticals'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.

AFT Pharmaceuticals Current Ratio Chart

AFT Pharmaceuticals Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.67 2.38 2.30 2.50 2.24

AFT Pharmaceuticals Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 2.30 2.72 2.50 1.51 2.24

NZSE:AFT vs ZTS, UTHR, VTRS: Current Ratio Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, AFT Pharmaceuticals'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.


AFT Pharmaceuticals Current Ratio vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, AFT Pharmaceuticals's Current Ratio distribution charts can be found below:

* The bar in red indicates where AFT Pharmaceuticals's Current Ratio falls into.


NZSE:AFT
95GF Score
AFT Pharmaceuticals Ltd NZSE:AFT
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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AFT Pharmaceuticals 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.

AFT Pharmaceuticals's Current Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Current Ratio (A: Mar. 2026 )=Total Current Assets (A: Mar. 2026 )/Total Current Liabilities (A: Mar. 2026 )
=148.543/66.347
=2.24

AFT Pharmaceuticals'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 )
=148.543/66.347
=2.24

* 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 2.24 mean?
AFT Pharmaceuticals (NZSE:AFT) has a Current Ratio of 2.24 as of Mar. 2026. This is near median its historical median of 2.34. Over the past decade, AFT Pharmaceuticals' Current Ratio has ranged from 0.88 to 3.53. According to the industry distribution chart, AFT Pharmaceuticals ranks #444 out of 1000 companies in the Drug Manufacturers industry, placing it in the top 44.4%.
Is AFT Pharmaceuticals' Current Ratio too high?
AFT Pharmaceuticals' current Current Ratio of 2.24 is near median its 10-year median of 2.34. Over the past 10 years, this metric has ranged from a low of 0.88 to a high of 3.53. The Drug Manufacturers industry median Current Ratio is 2.00. AFT Pharmaceuticals' value of 2.24 is 12% above this industry median. Based on the distribution chart, AFT Pharmaceuticals ranks #444 out of 1000 companies in the Drug Manufacturers industry, which is above the industry midpoint. Overall, AFT Pharmaceuticals has a GF Score™ of 95/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does AFT Pharmaceuticals' Current Ratio compare to ZTS and UTHR?
According to the Drug Manufacturers industry distribution chart, AFT Pharmaceuticals ranks #444 out of 1000 companies for Current Ratio. This puts AFT Pharmaceuticals in the upper half of its industry. The industry median Current Ratio is 2.00. AFT Pharmaceuticals' value of 2.24 is 12% above this benchmark. Historically, AFT Pharmaceuticals' own Current Ratio has ranged from 0.88 to 3.53 over the past decade. While the company's 10-year median is 2.34 vs. the industry median of 2.00, AFT Pharmaceuticals 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 Drug Manufacturers company?
The median Current Ratio among Drug Manufacturers companies is 2.00, based on 1,000 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. AFT Pharmaceuticals's current Current Ratio of 2.24 is 12% 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 Drug Manufacturers industry, the median Current Ratio is 2.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AFT Pharmaceuticals's current Current Ratio is 2.24, which is near median its own 10-year median of 2.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AFT Pharmaceuticals stock overvalued right now?
Based on GuruFocus' analysis, AFT Pharmaceuticals (NZSE:AFT) is currently considered Fairly Valued. The stock's GF Value™ is NZ$4.18, compared to a current price of NZ$3.91 — trading 6.5% below its estimated fair value. The current Current Ratio is 2.24, which is near median its 10-year median of 2.34 and 12% above the Drug Manufacturers industry median of 2.00. AFT Pharmaceuticals' overall GF Score™ is 95/100 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 AFT Pharmaceuticals (NZSE:AFT), the current Current Ratio is 2.24 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.

Is AFT Pharmaceuticals (NZSE:AFT) Overvalued in 2026?

Based on GuruFocus' analysis, AFT Pharmaceuticals stock appears to be undervalued. The current stock price of NZ$3.91 is trading 6.5% below its estimated GF Value™ of NZ$4.18. GuruFocus considers AFT Pharmaceuticals to be Fairly Valued.

Key valuation signals for NZSE:AFT:

  • Current Ratio: 2.24 (near median its 10-year median of 2.34)
  • GF Value™: NZ$4.18 vs. price of NZ$3.91 (6.5% below fair value)
  • GF Score™: 95/100 with 4 warning signs
  • Industry Position: 12% above the Drug Manufacturers median (#444 of 1000)

No single metric tells the full story. See the NZSE:AFT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AFT Pharmaceuticals Business Description

Other Exchanges AFP:Australia
Address 129 Hurstmere Road, Level 1, Takapuna, Auckland, NTL, NZL, 0622
AFT Pharmaceuticals Ltd is a pharmaceutical distributor and developer of pharmaceutical intellectual property. Some of the products of the organization are Maxigesic dose forms, Capsaicin creams, Crystaderm, Kiwisoothe, Micolette, and others. The group has four operating segments based on geographical location being Australia, New Zealand, Asia, and the Rest of the world. It generates the majority of the revenue from Australia, which includes the sales and distribution activity relating to the Australian market.
95GF Score

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

NZ$3.91
Price
NZ$4.18
GF Value