CONCORDBIO.BO
Price:
$1404.05
Market Cap:
$147.34B
Concord Biotech Limited, a biopharma company, engages in the research and development, manufacturing, marketing, and sale of pharmaceutical products in India and internationally. It provides fermentation based active pharmaceutical ingredients in immunosuppressants, anti-bacterial, oncology, antifungal, and other therapeutic areas. The company also offers tacrolimus, mycophenolate mofetil, mycophenolate sodium, cyclosporine, sirolimus, and pimecrolimus for immunosuppressants therapeutic segment; temsirolimus, everolimus, romidepsin, mitomycin, midostaurin, and dactinomycin for oncology therapeutic segment; mupirocin, mupirocin calcium, vancomycin hydrochloride, and teicoplanin for anti-bacte...[Read more]
Industry
Biotechnology
IPO Date
2023-08-18
Stock Exchange
BSE
Ticker
CONCORDBIO.BO
According to Concord Biotech Limited’s latest financial reports and current stock price. The company's current Current Ratio is 6.97. This represents a change of 112.18% compared to the average of 3.28 of the last 4 quarters.
The mean historical Current Ratio of Concord Biotech Limited over the last ten years is 4.41. The current 6.97 Current Ratio has changed 15.69% with respect to the historical average. Over the past ten years (40 quarters), CONCORDBIO.BO's Current Ratio was at its highest in in the September 2025 quarter at 6.97. The Current Ratio was at its lowest in in the June 2022 quarter at 0.
Average
4.41
Median
4.91
Minimum
0.40
Maximum
6.30
Discovering the peaks and valleys of Concord Biotech Limited 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 = 1.35%
Maximum Annual Current Ratio = 6.30
Minimum Annual Increase = -28.99%
Minimum Annual Current Ratio = 0.40
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 6.17 | -2.17% |
| 2024 | 6.30 | 66.21% |
| 2023 | 3.79 | -6.97% |
| 2022 | 4.08 | -28.99% |
| 2021 | 5.74 | 1.35% |
The current Current Ratio of Concord Biotech Limited (CONCORDBIO.BO) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
5.42
5-year avg
5.22
10-year avg
4.41
Concord Biotech Limited’s Current Ratio is greater than Blue Jet Healthcare Limited (4.11), greater than Blue Jet Healthcare Limited (4.11), less than Caplin Point Laboratories Limited (8.17), greater than Jubilant Ingrevia Limited (1.35), greater than NATCO Pharma Limited (0), greater than NATCO Pharma Limited (0), greater than Granules India Limited (1.28), greater than Granules India Limited (1.28), greater than Rainbow Children's Medicare Limited (0), greater than Rainbow Children's Medicare Limited (0),
| Company | Current Ratio | Market cap |
|---|---|---|
| 4.11 | $94.40B | |
| 4.11 | $94.47B | |
| 8.17 | $149.24B | |
| 1.35 | $108.57B | |
| 0 | $167.22B | |
| 0 | $167.22B | |
| 1.28 | $136.10B | |
| 1.28 | $136.05B | |
| 0 | $137.19B | |
| 0 | $137.21B |
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