ProMIS NeurosciencesPMN +22.42%30 Current Ratio is 9.92 as of Mar. 2026, which is 467% above its 10-year median of 1.75. GuruFocus rates PMN with a GF Score™ of 30/100. The stock has 2 warning signs investors should review. Among 1,412 Biotechnology companies, ProMIS Neurosciences ranks better than 77.41% 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. ProMIS Neurosciences's current ratio for the quarter that ended in Mar. 2026 was 9.92.
ProMIS Neurosciences has a current ratio of 9.92. 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 ProMIS Neurosciences's Current Ratio or its related term are showing as below:
PMN'
s Current Ratio Range Over the Past 10 Years
Min: 0.17 Med: 1.75 Max: 19.07
Current: 9.92
During the past 13 years, ProMIS Neurosciences's highest Current Ratio was 19.07. The lowest was 0.17. And the median was 1.75.
PMN's Current Ratio is ranked better than 77.41% of 1412
companies
in the Biotechnology industry
Industry Median: 3.89
vs PMN: 9.92
ProMIS Neurosciences (NAS:PMN) 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.
ProMIS Neurosciences Current Ratio Related Terms
ProMIS Neurosciences Current Ratio Historical Data
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The historical data trend for ProMIS Neurosciences'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.
For the Biotechnology subindustry, ProMIS Neurosciences'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.
ProMIS Neurosciences Current Ratio vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, ProMIS Neurosciences's Current Ratio distribution charts can be found below:
* The bar in red indicates where ProMIS Neurosciences'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.
ProMIS Neurosciences (PMN) has a Current Ratio of 9.92 as of Mar. 2026. This is 467% above median its historical median of 1.75. Over the past decade, ProMIS Neurosciences' Current Ratio has ranged from 0.17 to 19.07. According to the industry distribution chart, ProMIS Neurosciences ranks #319 out of 1412 companies in the Biotechnology industry, placing it in the top 22.6%.
Is ProMIS Neurosciences' Current Ratio too high?
ProMIS Neurosciences' current Current Ratio of 9.92 is 467% above median its 10-year median of 1.75. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 19.07. The Biotechnology industry median Current Ratio is 3.89. ProMIS Neurosciences' value of 9.92 is 155% above this industry median. Based on the distribution chart, ProMIS Neurosciences ranks #319 out of 1412 companies in the Biotechnology industry, which is in the top quartile — a strong position relative to peers. Overall, ProMIS Neurosciences has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does ProMIS Neurosciences' Current Ratio compare to BMEA and ANIX?
According to the Biotechnology industry distribution chart, ProMIS Neurosciences ranks #319 out of 1412 companies for Current Ratio. This places ProMIS Neurosciences in the top 23% of its industry — outperforming the majority of peers. The industry median Current Ratio is 3.89. ProMIS Neurosciences' value of 9.92 is 155% above this benchmark. Historically, ProMIS Neurosciences' own Current Ratio has ranged from 0.17 to 19.07 over the past decade. While the company's 10-year median is 1.75 vs. the industry median of 3.89, ProMIS Neurosciences 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 3.89, 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. ProMIS Neurosciences's current Current Ratio of 9.92 is 155% 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 3.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ProMIS Neurosciences's current Current Ratio is 9.92, which is 467% above median its own 10-year median of 1.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ProMIS Neurosciences stock overvalued right now?
ProMIS Neurosciences (PMN) has a current Current Ratio of 9.92. The current Current Ratio is 9.92, which is 467% above median its 10-year median of 1.75 and 155% above the Biotechnology industry median of 3.89. ProMIS Neurosciences' 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 ProMIS Neurosciences (PMN), the current Current Ratio is 9.92 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.
ProMIS Neurosciences Inc is a clinical-stage biotechnology company focused on generating and developing antibody therapeutics selectively targeting toxic misfolded proteins in neurodegenerative diseases such as Alzheimers disease (AD), amyotrophic lateral sclerosis (ALS), and multiple system atrophy (MSA). The company applies its thermodynamic, computational discovery platform, ProMIS, and Collective Coordinates to predict novel targets known as Disease Specific Epitopes on the molecular surface of misfolded proteins. Compnies product candidates are PMN310, PMN267, and PMN442. Lead product candidate is PMN310, a monoclonal antibody designed to treat AD by selectively targeting toxic, misfolded oligomers of amyloid-beta. PMN267 is companies second lead product candidate targeting ALS.
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