Medlab Clinical Limited

Medlab Clinical Limitedverified

MDC.AX

Price:

$6.6

Market Cap:

$15.07M

Medlab Clinical Limited, a biotechnology company, researches, develops, and pre-commercializes pharmaceutical and nutraceutical products in Australia. Its drug candidate includes NanaBis, a buccal spray from cannabis oil extract for oncology and pain management; and NanoCBD, a buccal spray from hemp oil extract for mental health. The company also develops NanoCelle, a patented sub-micron drug delivery platform that allows passive diffusion of active pharmaceutical ingredients directly into the bloodstream through oral-buccal, sublingual, intranasal, and transdermal or topical delivery. In addition, it offers virtual clinic services. The company was founded in 2012 and is headquartered in Bot...[Read more]

Industry

Biotechnology

IPO Date

2015-07-14

Stock Exchange

ASX

Ticker

MDC.AX

The Current Ratio as of November 2025 (TTM) for Medlab Clinical Limited (MDC.AX) is 0.12

According to Medlab Clinical Limited’s latest financial reports and current stock price. The company's current Current Ratio is 0.12. This represents a change of -87.56% compared to the average of 0.93 of the last 4 quarters.

Medlab Clinical Limited (MDC.AX) Historical Current Ratio (quarterly & annually)

How has MDC.AX Current Ratio performed in the past?

The mean historical Current Ratio of Medlab Clinical Limited over the last ten years is 6.34. The current 0.12 Current Ratio has changed 82.56% with respect to the historical average. Over the past ten years (40 quarters), MDC.AX's Current Ratio was at its highest in in the December 2014 quarter at 31.30. The Current Ratio was at its lowest in in the December 2014 quarter at 0.

Quarterly (TTM)
Annual

Average

6.34

Median

3.28

Minimum

0.12

Maximum

31.30

Medlab Clinical Limited (MDC.AX) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Medlab Clinical 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 = 207.78%

Maximum Annual Current Ratio = 31.30

Minimum Annual Increase = -93.08%

Minimum Annual Current Ratio = 0.12

Quarterly (TTM)
Annual
YearCurrent RatioChange
20240.12-93.08%
20231.67-47.96%
20223.21-19.71%
20214.0022.76%
20203.26-14.92%
20193.83-62.20%
201810.13207.78%
20173.2927.58%
20162.58-91.75%

Medlab Clinical Limited (MDC.AX) Average Current Ratio

How has MDC.AX Current Ratio performed in the past?

The current Current Ratio of Medlab Clinical Limited (MDC.AX) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

1.67

5-year avg

2.45

10-year avg

6.34

Medlab Clinical Limited (MDC.AX) Current Ratio vs. Peers

How is MDC.AX’s Current Ratio compared to its peers?

Medlab Clinical Limited’s Current Ratio is less than Bionomics Limited (2.72), less than Incannex Healthcare Limited (2.86), less than Kazia Therapeutics Limited (0.21), less than Asian American Medical Group Limited (0.52), less than 1st Group Limited (0.83), less than AusCann Group Holdings Ltd (49.47), less than MGC Pharmaceuticals Limited (0.19), less than Rhinomed Limited (0.27), less than Living Cell Technologies Limited (17.89), less than CardieX Limited (1.56),

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