Virax Biolabs Group Limited

Virax Biolabs Group Limited - Current Ratioverified

VRAX

Price:

$0.173

Market Cap:

$751.16K

Virax Biolabs Group Limited is a biotechnology firm that specializes in the sale, distribution, and promotion of diagnostic testing kits, medical technology, and personal protective equipment (PPE). Its offerings are designed to aid in the prophylaxis, identification, diagnosis, and management of risks associated with viral illnesses within the immunology sector. Under its ViraxClear brand, the company provides a range of diagnostic tools, including rapid antibody IgG/IgM assays, antigen tests, polymerase chain reaction (PCR) rapid tests, and neutralizing antibody assessments. Additionally, it supplies medical technology and PPE products, such as employee safety gear marketed under the Virax...[Read more]

Industry

Biotechnology

IPO Date

2022-07-21

Stock Exchange

NASDAQ

Ticker

VRAX

The Current Ratio as of June 2026 (TTM) for Virax Biolabs Group Limited (VRAX) is 11.35

According to Virax Biolabs Group Limited’s latest financial reports and current stock price. The company's current Current Ratio is 11.35. This represents a change of -19.11% compared to the average of 14.04 of the last 4 quarters.

Virax Biolabs Group Limited (VRAX) Historical Current Ratio (quarterly & annually)

How has VRAX Current Ratio performed in the past?

The mean historical Current Ratio of Virax Biolabs Group Limited over the last ten years is 7.32. The current 11.35 Current Ratio has changed 15.41% with respect to the historical average. Over the past ten years (40 quarters), VRAX's Current Ratio was at its highest in in the March 2024 quarter at 25.94. The Current Ratio was at its lowest in in the September 2019 quarter at 0.

Quarterly (TTM)
Annual

Average

7.32

Median

3.66

Minimum

0.02

Maximum

25.94

Virax Biolabs Group Limited (VRAX) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Virax Biolabs Group 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 = 27.02%

Maximum Annual Current Ratio = 25.94

Minimum Annual Increase = -71.98%

Minimum Annual Current Ratio = 0.02

Quarterly (TTM)
Annual
YearCurrent RatioChange
20257.27-71.98%
202425.94144.61%
202310.6127.02%
20220.04-13.98%
20210.05148.91%

Virax Biolabs Group Limited (VRAX) Average Current Ratio

How has VRAX Current Ratio performed in the past?

The current Current Ratio of Virax Biolabs Group Limited (VRAX) is less than than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

14.61

5-year avg

8.78

10-year avg

7.32

Virax Biolabs Group Limited (VRAX) Current Ratio vs. Peers

How is VRAX’s Current Ratio compared to its peers?

Virax Biolabs Group Limited’s Current Ratio is greater than Windtree Therapeutics, Inc. (0.33), greater than NewcelX Ltd. (2.77), greater than Moolec Science S.A. (0.13), greater than Dermata Therapeutics, Inc. (7.09), greater than GT Biopharma, Inc. (3.69), greater than Avenue Therapeutics, Inc. (1.90), greater than NKGen Biotech, Inc. Common Stock (0.05), greater than Artelo Biosciences, Inc. (1.79), greater than XORTX Therapeutics Inc. (0.43), greater than PMGC Holdings Inc. (1.45),

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