VBIO
Price:
$0.825
Market Cap:
$40.79M
Vitality Biopharma, Inc. specializes in creating cannabinoid-based pharmaceuticals, primarily focusing on addressing inflammatory disorders within the United States. Its current pipeline includes tetrahydrocannabinol glycoside, identified as VBX-100, an orally administered cannabinoid prodrug engineered to combat inflammatory bowel disease (IBD) and irritable bowel syndromes (IBS). Established in 2007, the company originally operated as Stevia First Corp. before officially rebranding as Vitality Biopharma, Inc. in July 2016. Its corporate headquarters are situated in Los Angeles, California.
Industry
Biotechnology
IPO Date
2008-08-25
Stock Exchange
OTC
Ticker
VBIO
According to Malachite Innovations, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.57. This represents a change of 19.11% compared to the average of 0.48 of the last 4 quarters.
The mean historical Current Ratio of Malachite Innovations, Inc. over the last ten years is 4.17. The current 0.57 Current Ratio has changed 1.27% with respect to the historical average. Over the past ten years (40 quarters), VBIO's Current Ratio was at its highest in in the March 2021 quarter at 26.54. The Current Ratio was at its lowest in in the March 2022 quarter at 0.05.
Average
4.17
Median
1.34
Minimum
0.21
Maximum
26.54
Discovering the peaks and valleys of Malachite Innovations, 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 = 1.32%
Maximum Annual Current Ratio = 26.54
Minimum Annual Increase = -96.54%
Minimum Annual Current Ratio = 0.21
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 0.74 | -38.51% |
| 2024 | 1.21 | 11.76% |
| 2023 | 1.08 | 18.17% |
| 2022 | 0.92 | -96.54% |
| 2021 | 26.54 | 1.32% |
| 2020 | 1.87 | -67.36% |
| 2019 | 5.74 | 200.34% |
| 2018 | 1.91 | 30.26% |
| 2017 | 1.47 | 610.89% |
| 2016 | 0.21 | -31.16% |
The current Current Ratio of Malachite Innovations, Inc. (VBIO) 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
1.01
5-year avg
6.10
10-year avg
4.17
Malachite Innovations, Inc.’s Current Ratio is less than Organicell Regenerative Medicine, Inc. (0.70), less than OptiBiotix Health Plc (4.27), greater than Kadimastem Ltd (0.02), less than OKYO Pharma Limited (0.58), greater than Vinergy Capital Inc. (0.05), greater than Sorrento Therapeutics, Inc. (0.29), less than American Hemp Ventures, Inc. (0), less than Antisense Therapeutics Limited (6.29), less than TPCO Holding Corp. (3.22), less than Biofrontera AG (1.20),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.70 | $19.97M | |
| 4.27 | $20.06M | |
| 0.02 | $9.50M | |
| 0.58 | $22.73M | |
| 0.05 | $20.57M | |
| 0.29 | $16.54M | |
| 0 | $16.47M | |
| 6.29 | $19.64M | |
| 3.22 | $20.12M | |
| 1.20 | $19.35M |
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