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7.24Current Ratio
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Market
89
Sector
77
Industry
66
History
10
$ 1.82Close
$ 0.55 - $ 2.38 52-Week Range
Ticker Information

Ticker

CNTB

Company Name

CONNECT BIOPHARMA HOLDINGS LTD

Sector

Healthcare

Industry

Biotechnology

Exchange

NASDAQ

CONNECT BIOPHARMA HOLDINGS LTD - Current Ratio Chart Analysis (TTM)

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CNTB - Current Ratio Historical data
DateCurrent AssetsCurrent RatioCurrent Liabilities
6/30/2025$ 77.76M7.24$ 10.74M
3/31/2025$ 87.75M10.25$ 8.56M
12/31/2024$ 96.96M11.46$ 8.46M
6/30/2024$ 115.9M12.04$ 9.62M
12/31/2023$ 120.97M4.99$ 24.26M
6/30/2023$ 136.78M9.26$ 14.78M
12/31/2022$ 148.64M9.97$ 14.91M
6/30/2022$ 181.84M9.58$ 18.99M
12/31/2021$ 240.32M15.3$ 15.71M
6/30/2021$ 287.42M23.15$ 12.42M
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Key Performance Insights, Last 5 Years

  • CONNECT BIOPHARMA HOLDINGS LTD's latest trailing twelve months (TTM) Current Ratio stands at 27.81.
  • Over the past 5 years, CONNECT BIOPHARMA HOLDINGS LTD's average Current Ratio has been 12.82.
  • The median Current Ratio for CONNECT BIOPHARMA HOLDINGS LTD during this period was 10.25
  • CONNECT BIOPHARMA HOLDINGS LTD reached its highest Current Ratio over the past 5 years at 27.81.
  • The lowest Current Ratio recorded by CONNECT BIOPHARMA HOLDINGS LTD in the same timeframe 4.99

CONNECT BIOPHARMA HOLDINGS LTD's Current Ratio vs. competitors

We picked the following companies as peers based on multiple factors, including sector, industry, market capitalization and revenue

Current Ratio Benchmarks
CompanyCurrent Ratio
ORMP : ORAMED PHARMACEUTICALS INC 26.81OTLK : OUTLOOK THERAPEUTICS INC 0.67OBIO : ORCHESTRA BIOMED HOLDINGS INC 2.1NTRB : NUTRIBAND INC 4.78BTAI : BIOXCEL THERAPEUTICS INC 0.76AVR : ANTERIS TECHNOLOGIES GLOBAL CORP 2.41PYXS : PYXIS ONCOLOGY INC 5.65AVTX : AVALO THERAPEUTICS INC 12.44DTIL : PRECISION BIOSCIENCES INC 5.18LGVN : LONGEVERON INC 3.43

Definition of Current Ratio

[Calculation] The current ratio is a liquidity indicator that describes the company’s ability to pay short-term obligations due within one year. Calculated by dividing current assets [AssetsC] by current liabilities [LiabilitiesC].
AssetsC / LiabilitesC
(=) Current Ratio
Current Ratio for CONNECT BIOPHARMA HOLDINGS LTD is calculated as follows: AssetsC [ $ 144.78M ] / LiabilitesC [ $ 5.21M ]
(=) Current Ratio [ 27.81 ]

CNTB - Current Ratio, Last 5 years

4.99

Minimum

Dec 31, 2023

27.81

Maximum

Dec 31, 2020

12.82

Average

10.25

Median

Current Ratio Benchmark Analysis

The chart above depicts the distribution of Current Ratio for companies in the Total Stock Market. The average Current Ratio of the companies is 2.02 with a standard deviation of 1.44.
The following table provides additional summary stats:
Current Ratio in the Market:
filtered constituents3.19K
min0
max6.79
average2.02
median1.62
std1.44