Mustang Bio, Inc. Current Ratio

Current Ratio of MBIO for past 10 years: annual, quarterly and twelve month trailing (TTM) including Current Ratio growth rates and interactive chart. The current ratio is a liquidity ratio that measures whether a firm has enough resources to meet its short-term obligations. It is calculated as current assets divided by current liabilities. A ratio below 1 indicates potential trouble for a company, as it doesn't have enough current assets to pay for its short-term liabilities. A ratio above 2 is usually considered healthy.

Highlights and Quick Summary

  • Current Ratio for the quarter ending June 29, 2021 was 20.65 (a 3.83% increase compared to previous quarter)
  • Year-over-year quarterly Current Ratio increased by 108.3%
  • Annual Current Ratio for 2020 was 10.46 (a 28.9% increase from previous year)
  • Annual Current Ratio for 2019 was 8.12 (a 29.77% increase from previous year)
  • Annual Current Ratio for 2018 was 6.25 (a -63.2% decrease from previous year)
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Historical Current Ratio of Mustang Bio, Inc.

Most recent Current Ratioof MBIO including historical data for past 10 years.

Interactive Chart of Current Ratio of Mustang Bio, Inc.

Mustang Bio, Inc. Current Ratio for the past 10 Years (both Annual and Quarterly)

Year Q1 Q2 Q3 Q4 Fiscal Year
2021 20.65 19.89
2020 10.46 9.91 5.85 5.75 10.46
2019 8.12 11.82 13.1 5.64 8.12
2018 6.25 10.32 13.09 10.45 6.25
2017 16.99 24.26 15.51 92.51 16.99
2016 8.53 2.28 8.53
2015 0.0

Business Profile of Mustang Bio, Inc.

Sector: Healthcare
Industry: Biotechnology
Mustang Bio, Inc., a clinical-stage biopharmaceutical company, focuses on translating medical breakthroughs in cell and gene therapies into potential cures for hematologic cancers, solid tumors, and rare genetic diseases. Its pipeline focuses on gene therapy programs for rare genetic disorders, chimeric antigen receptor (CAR) engineered T cell (CAR T) therapies for hematologic malignancies, and CAR T therapies for solid tumors. The company develops MB-107 and MB-207, a gene therapy program for X-linked severe combined immunodeficiency, a rare genetic immune system condition in which affected patients do not live beyond infancy without treatment. The company also develops MB-102 CAR T therapies for blastic plasmacytoid dendritic cell neoplasm, acute myeloid leukemia, and myelodysplastic syndrome; MB-106 CAR T cell program for B cell non-hodgkin lymphoma and chronic lymphocytic leukemia; MB-104 CAR T for multiple myeloma and light chain amyloidosis; MB-101 CAR T cell program for glioblastoma; MB-103 CAR T for glioblastoma multiforme (GBM) and metastatic breast cancer to brain; MB-105 CAR T for prostate and pancreatic cancers; and MB-108, a next-generation oncolytic herpes simplex virus. It has license agreements with Nationwide Children's Hospital, SIRION Biotech GmbH, and Minaris Regenerative Medicine GmbH. The company was incorporated in 2015 and is headquartered in Worcester, Massachusetts.