VINC has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
VINC has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
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. Vincerx Pharma's current ratio for the quarter that ended in Mar. 2024 was 0.72.
Vincerx Pharma has a current ratio of 0.72. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Vincerx Pharma has good long-term prospects, it may be able to borrow against those prospects to meet current obligations.
The historical rank and industry rank for Vincerx Pharma's Current Ratio or its related term are showing as below:
During the past 5 years, Vincerx Pharma's highest Current Ratio was 8.51. The lowest was 0.72. And the median was 4.51.
The historical data trend for Vincerx Pharma'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.
Vincerx Pharma Annual Data | |||||||||||
Trend | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | ||||||
Current Ratio | - | 1.67 | 8.04 | 6.11 | 2.63 |
Vincerx Pharma Quarterly Data | |||||||||||||||||
Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | |
Current Ratio | Get a 7-Day Free Trial | 4.11 | 3.47 | 2.58 | 2.63 | 0.72 |
For the Biotechnology subindustry, Vincerx Pharma'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.
For the Biotechnology industry and Healthcare sector, Vincerx Pharma's Current Ratio distribution charts can be found below:
* The bar in red indicates where Vincerx Pharma's Current Ratio falls into.
The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.
Vincerx Pharma's Current Ratio for the fiscal year that ended in Dec. 2023 is calculated as
Current Ratio (A: Dec. 2023 ) | = | Total Current Assets (A: Dec. 2023 ) | / | Total Current Liabilities (A: Dec. 2023 ) |
= | 14.733 | / | 5.605 | |
= | 2.63 |
Vincerx Pharma's Current Ratio for the quarter that ended in Mar. 2024 is calculated as
Current Ratio (Q: Mar. 2024 ) | = | Total Current Assets (Q: Mar. 2024 ) | / | Total Current Liabilities (Q: Mar. 2024 ) |
= | 7.677 | / | 10.634 | |
= | 0.72 |
* 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.
Vincerx Pharma (NAS:VINC) 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.
Thank you for viewing the detailed overview of Vincerx Pharma's Current Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Alexander A. Seelenberger | officer: Chief Financial Officer | 4500 GREAT AMERICA PKWY, STE. 100 #29, SANTA CLARA CA 95054 |
Raquel E. Izumi | director, 10 percent owner, officer: Chief Operations Officer | 4500 GREAT AMERICA PKWY, STE. 100 #29, SANTA CLARA CA 95054 |
Ahmed Md Hamdy | director, 10 percent owner, officer: President and CEO | 995 EAST ARQUES AVENUE, SUNNYVALE CA 94085 |
Tom C Thomas | officer: See Remarks | 180 LOMA ALTRO, C/O MOCON INC, LOS GATOS CA 95030 |
Christopher P. Lowe | director | 2511 N LOOP 1604,, SUITE 204, SAN ANTONIO TX 78258 |
Laura I. Bushnell | director | 4500 GREAT AMERICA PKWY, STE. 100 #29, SANTA CLARA CA 95054 |
Rubric Capital Management Lp | 10 percent owner | 155 EAST 44TH ST, SUITE 1630, NEW YORK NY 10017 |
David Efraim Rosen | 10 percent owner | 155 EAST 44TH ST., SUITE 1630, NEW YORK NY 10017 |
Sooin Hwang | officer: Chief Business Officer | 260 SHERIDAN AVENUE, SUITE 400, PALO ALTO CA 94306 |
Xiaoming Zhang | officer: Chief Technology Officer | 260 SHERIDAN AVE, SUITE 400, PALO ALTO CA 94306 |
Ruth E. Stevens | director | 260 SHERIDAN AVENUE, SUITE 400, PALO ALTO CA 94306 |
Garban Hermes De Jesus | officer: Chief Medical Officer | 4500 GREAT AMERICA PKWY, STE. 100 #29, SANTA CLARA CA 95054 |
John C. Byrd | 10 percent owner | 4500 GREAT AMERICA PKWY, STE. 100 #29, SANTA CLARA CA 95054 |
Brian Druker | director | ONE AMGEN CENTER DRIVE, THOUSAND OAKS CA 91320-1799 |
John H. Lee | director | 4500 GREAT AMERICA PKWY, STE. 100 #29, SANTA CLARA CA 95054 |
From GuruFocus
By Value_Insider Value_Insider • 12-13-2022
By Marketwired • 08-22-2023
By GuruFocusNews GuruFocusNews • 06-21-2022
By GlobeNewswire • 01-07-2024
By GuruFocusNews GuruFocusNews • 07-01-2022
By GlobeNewswire GlobeNewswire • 12-11-2022
By GuruFocusNews GuruFocusNews • 07-10-2022
By Marketwired • 10-06-2023
By PurpleRose PurpleRose • 07-11-2022
By Marketwired • 09-19-2023
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.