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. Telomir Pharmaceuticals's current ratio for the quarter that ended in Dec. 2024 was 1.94.
Telomir Pharmaceuticals has a current ratio of 1.94. It generally indicates good short-term financial strength.
The historical rank and industry rank for Telomir Pharmaceuticals's Current Ratio or its related term are showing as below:
TELO'
s Current Ratio Range Over the Past 10 Years
Min: 0.05 Med: 0.33 Max: 1.94
Current: 1.94
During the past 4 years, Telomir Pharmaceuticals's highest Current Ratio was 1.94. The lowest was 0.05. And the median was 0.33.
TELO's Current Ratio is ranked worse than 67.85% of 1496
companies
in the Biotechnology industry
Industry Median: 3.65
vs TELO: 1.94
Telomir Pharmaceuticals Current Ratio Historical Data
* 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.
Competitive Comparison of Telomir Pharmaceuticals's Current Ratio
For the Biotechnology subindustry, Telomir 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.
Telomir Pharmaceuticals's Current Ratio Distribution in the Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Telomir Pharmaceuticals's Current Ratio distribution charts can be found below:
* The bar in red indicates where Telomir Pharmaceuticals'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.
Telomir Pharmaceuticals (NAS:TELO) 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.
Telomir Pharmaceuticals Current Ratio Related Terms
Thank you for viewing the detailed overview of Telomir Pharmaceuticals's Current Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Telomir Pharmaceuticals Inc is a pioneering preclinical-stage pharmaceutical company which leads the advancement of age-reversal science. The Company is focused on developing Telomir-1, a novel small molecule designed to lengthen and protect telomeres-the protective DNA end caps of chromosomes that are crucial to cellular aging. As humans and animals age, telomeres naturally shorten, with metal reactivity accelerating this process, increasing the risk of degenerative and age-related diseases. By addressing the underlying causes of aging at the cellular level, Telomir aims to tackle the root of these conditions rather than simply treating their symptoms. Telomir is conducting ongoing preclinical research into Progeria, diabetes, cancer, Alzheimer's disease, osteoarthritis, and others.
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