Ovid TherapeuticsOVID -1.28%48 Current Ratio is 10.17 as of Mar. 2026, which is 6% above its 10-year median of 9.56. GuruFocus rates OVID with a GF Score™ of 48/100 and a GF Value™ of $8.46 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,412 Biotechnology companies, Ovid Therapeutics ranks better than 78.12% 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. Ovid Therapeutics's current ratio for the quarter that ended in Mar. 2026 was 10.17.
Ovid Therapeutics has a current ratio of 10.17. 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 Ovid Therapeutics's Current Ratio or its related term are showing as below:
OVID'
s Current Ratio Range Over the Past 10 Years
Min: 3.02 Med: 9.56 Max: 21.02
Current: 10.17
During the past 11 years, Ovid Therapeutics's highest Current Ratio was 21.02. The lowest was 3.02. And the median was 9.56.
OVID's Current Ratio is ranked better than 78.12% of 1412
companies
in the Biotechnology industry
Industry Median: 3.9
vs OVID: 10.17
Ovid Therapeutics (NAS:OVID) 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.
Ovid Therapeutics Current Ratio Related Terms
Ovid Therapeutics Current Ratio Historical Data
* Premium members only.
The historical data trend for Ovid 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.
OVID vs ARTV, CCCC, RZLT: Current Ratio Comparison
For the Biotechnology subindustry, Ovid 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.
Ovid Therapeutics Current Ratio vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Ovid Therapeutics's Current Ratio distribution charts can be found below:
* The bar in red indicates where Ovid 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.
Ovid Therapeutics (OVID) has a Current Ratio of 10.17 as of Mar. 2026. This is near median its historical median of 9.56. Over the past decade, Ovid Therapeutics' Current Ratio has ranged from 3.02 to 21.02. According to the industry distribution chart, Ovid Therapeutics ranks #309 out of 1412 companies in the Biotechnology industry, placing it in the top 21.9%.
Is Ovid Therapeutics' Current Ratio too high?
Ovid Therapeutics' current Current Ratio of 10.17 is near median its 10-year median of 9.56. Over the past 10 years, this metric has ranged from a low of 3.02 to a high of 21.02. The Biotechnology industry median Current Ratio is 3.90. Ovid Therapeutics' value of 10.17 is 160.8% above this industry median. Based on the distribution chart, Ovid Therapeutics ranks #309 out of 1412 companies in the Biotechnology industry, which is in the top quartile — a strong position relative to peers. Overall, Ovid Therapeutics has a GF Score™ of 48/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ovid Therapeutics' Current Ratio compare to ARTV and CCCC?
According to the Biotechnology industry distribution chart, Ovid Therapeutics ranks #309 out of 1412 companies for Current Ratio. This places Ovid Therapeutics in the top 22% of its industry — outperforming the majority of peers. The industry median Current Ratio is 3.90. Ovid Therapeutics' value of 10.17 is 160.8% above this benchmark. Historically, Ovid Therapeutics' own Current Ratio has ranged from 3.02 to 21.02 over the past decade. While the company's 10-year median is 9.56 vs. the industry median of 3.90, Ovid 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. Ovid Therapeutics's current Current Ratio of 10.17 is 160.8% 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. Ovid Therapeutics's current Current Ratio is 10.17, which is near median its own 10-year median of 9.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ovid Therapeutics stock overvalued right now?
Based on GuruFocus' analysis, Ovid Therapeutics (OVID) is currently considered Possible Value Trap. The stock's GF Value™ is $8.46, compared to a current price of $2.69 — trading 68.2% below its estimated fair value. The current Current Ratio is 10.17, which is near median its 10-year median of 9.56 and 160.8% above the Biotechnology industry median of 3.90. Ovid Therapeutics' overall GF Score™ is 48/100 with 6 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 Ovid Therapeutics (OVID), the current Current Ratio is 10.17 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 Ovid Therapeutics (OVID) Overvalued in 2026?
Based on GuruFocus' analysis, Ovid Therapeutics stock appears to be undervalued.
The current stock price of $2.69 is trading 68.2% below its estimated GF Value™ of $8.46.
GuruFocus considers Ovid Therapeutics to be Possible Value Trap.
Key valuation signals for OVID:
Current Ratio: 10.17 (near median its 10-year median of 9.56)
GF Value™: $8.46 vs. price of $2.69 (68.2% below fair value)
Industry Position: 160.8% above the Biotechnology median (#309 of 1412)
No single metric tells the full story. See the OVID stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ovid Therapeutics Inc is a biopharmaceutical company that is dedicated to reducing seizures and meaningfully improving the lives of people affected by rare epilepsies and seizure-related neurological disorders. The company has built a differentiated pipeline of medicines with potential first-in-class drug mechanisms of action to treat seizures. This pipeline has produced two epilepsy programs with potential first-in-class mechanisms of action, and one epilepsy program with a potential best-in-class mechanism of action.
48GF Score
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