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. BeOne Medicines's current ratio for the quarter that ended in Mar. 2025 was 1.96.
BeOne Medicines has a current ratio of 1.96. It generally indicates good short-term financial strength.
The historical rank and industry rank for BeOne Medicines's Current Ratio or its related term are showing as below:
ONC'
s Current Ratio Range Over the Past 10 Years
Min: 1.8 Med: 4.88 Max: 15.91
Current: 1.96
During the past 12 years, BeOne Medicines's highest Current Ratio was 15.91. The lowest was 1.80. And the median was 4.88.
ONC's Current Ratio is ranked worse than 67.52% of 1478
companies
in the Biotechnology industry
Industry Median: 3.69
vs ONC: 1.96
BeOne Medicines Current Ratio Historical Data
The historical data trend for BeOne Medicines'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.
Competitive Comparison of BeOne Medicines's Current Ratio
For the Biotechnology subindustry, BeOne Medicines'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.
BeOne Medicines's Current Ratio Distribution in the Biotechnology Industry
For the Biotechnology industry and Healthcare sector, BeOne Medicines's Current Ratio distribution charts can be found below:
* The bar in red indicates where BeOne Medicines'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.
BeOne Medicines (NAS:ONC) 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.
BeOne Medicines Current Ratio Related Terms
Thank you for viewing the detailed overview of BeOne Medicines's Current Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Founded in 2010 in Beijing and having listed on the Hong Kong exchange in 2018, BeiGene is a commercial-stage biotechnology company with global sales. It focuses on oncology therapeutics and differentiates itself from other companies with a contract research organization-free, or CRO-free strategy. BeiGene runs global clinical trials with its own team. As of 2024, its core drug is Brukinsa, a small molecule drug for various blood cancers that makes up more than 60% of BeiGene's revenue.
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