Microbix Biosystems Inc.

Microbix Biosystems Inc.verified

MBX.TO

Price:

$0.345

Market Cap:

$47.07M

Microbix Biosystems Inc., a life science company, develops and commercializes proprietary biological and technological solutions for human health and wellbeing in North America, Europe, and internationally. It manufactures a range of critical biological materials for the diagnostics industry, notably antigens for immunoassays and its laboratory quality assessment and proficiency (QAPs) that support clinical lab proficiency testing, assay development and validation, or clinical lab workflows. The company also applies its biological expertise and infrastructure to develop other proprietary products, primarily viral transport medium (DxTM) to stabilize patient samples for lab-based testing and ...[Read more]

Industry

Biotechnology

IPO Date

1996-08-13

Stock Exchange

TSX

Ticker

MBX.TO

The Current Ratio as of September 2024 (TTM) for Microbix Biosystems Inc. (MBX.TO) is 6.62

According to Microbix Biosystems Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 6.62. This represents a change of -1.66% compared to the average of 6.73 of the last 4 quarters.

Microbix Biosystems Inc. (MBX.TO) Historical Current Ratio (quarterly & annually)

How has MBX.TO Current Ratio performed in the past?

The mean historical Current Ratio of Microbix Biosystems Inc. over the last ten years is 2.69. The current 6.62 Current Ratio has changed 24.53% with respect to the historical average. Over the past ten years (40 quarters), MBX.TO's Current Ratio was at its highest in in the December 2023 quarter at 8.53. The Current Ratio was at its lowest in in the June 2017 quarter at 0.94.

Quarterly (TTM)
Annual

Average

2.69

Median

1.52

Minimum

0.95

Maximum

8.45

Microbix Biosystems Inc. (MBX.TO) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Microbix Biosystems Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 131.57%

Maximum Annual Current Ratio = 8.45

Minimum Annual Increase = -39.36%

Minimum Annual Current Ratio = 0.95

Quarterly (TTM)
Annual
YearCurrent RatioChange
20235.13-39.36%
20228.45129.98%
20213.68131.57%
20201.5917.26%
20191.35-7.14%
20181.4654.18%
20170.95-12.32%
20161.08-22.94%
20151.40-21.51%
20141.78-0.39%

Microbix Biosystems Inc. (MBX.TO) Average Current Ratio

How has MBX.TO Current Ratio performed in the past?

The current Current Ratio of Microbix Biosystems Inc. (MBX.TO) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

5.75

5-year avg

4.04

10-year avg

2.69

Microbix Biosystems Inc. (MBX.TO) Current Ratio vs. Peers

How is MBX.TO’s Current Ratio compared to its peers?

Microbix Biosystems Inc.’s Current Ratio is greater than Helix BioPharma Corp. (0.74), greater than Oncolytics Biotech Inc. (4.99), greater than Resverlogix Corp. (0.11), greater than Theratechnologies Inc. (1.10), greater than Spectral Medical Inc. (0.60),

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