As of June 13, 2025, Miravant Medical Technologies (MRVT) reports a Current Ratio of 3.45.
Current Ratio assesses a company's ability to pay short-term debts by comparing liquid assets to liabilities, with higher ratios signaling better financial health.
Historical Trend of Miravant Medical Technologies's Current Ratio
Over recent years, Miravant Medical Technologies's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2004-12-31 | 3.45 |
| 2003-12-31 | 0.67 |
| 2002-12-31 | 0.18 |
| 2001-12-31 | 3.56 |
| 2000-12-31 | 6.88 |
This slight upward trend highlights how Miravant Medical Technologies manages its short-term assets and liabilities over time.
Comparing Miravant Medical Technologies's Current Ratio to Peers
To better understand Miravant Medical Technologies's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Miravant Medical Technologies (MRVT) | 3.45 |
| Vert Infrastructure Ltd (VVV.CN) | 53.37 |
| Eviana Health Corp (EHC.CN) | 6.60 |
| China Industrial Group Inc (CIND) | 3.31 |
| Alliance Growers Corp (ACG.CN) | 1.71 |
| Liberty Defense Holdings Ltd (SCAN.V) | 0.60 |
Compared to its competitors, Miravant Medical Technologies's Current Ratio is among the highest compared to peers, indicating strong short-term financial flexibility but potentially excess cash that could be invested.