CPRXNEUTRAL

Quick Ratio

6.70x

Higher than 93% of Healthcare sector peers

Updated 189h ago

Sector Performance

93th percentile

CPRX

6.70x

Sector Median

1.31x

Sector Avg

2.65x

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Deep Analysis

Catalyst Pharmaceuticals' quick ratio of 6.70x means the company has $6.70 in highly liquid assets (like cash and receivables) for every $1 of short-term liabilities, indicating a strong ability to cover immediate obligations.

This far exceeds the healthcare sector median of 1.46x, placing Catalyst in the 90th percentile among sector peers. The year-over-year change and quarter-over-quarter change are both listed as N/A, and no trend data is available for the last eight quarters, so no directional shift can be assessed. With a very high level but no trend information, the metric suggests low short-term liquidity risk but provides no insight into whether that strength is improving or eroding. This high quick ratio supports the overall NEUTRAL verdict: while strong liquidity is a positive factor, the lack of trend data and the neutral rating imply that other metrics or broader considerations balance this strength.

Frequently Asked Questions

What does the Quick Ratio tell investors about CPRX?

A strict liquidity test. Values below 1.0 suggest a company may struggle to cover short-term obligations without selling inventory.

How is the Quick Ratio calculated?

Quick Ratio is calculated as: (Cash + Receivables) / Current Liabilities.

How does CPRX's Quick Ratio compare to its sector?

CPRX's Quick Ratio of 6.70x compares to a Healthcare sector median of 1.31x, placing it in the 93th percentile.

Who are CPRX's closest peers by Quick Ratio?

The closest Healthcare peers by Quick Ratio include: BIO (1.02x), BAX (1.01x), BSX (1.00x), BMY (0.91x), DGX (0.91x).

The Formula

(Cash + Receivables) / Current Liabilities

Why It Matters

A strict liquidity test. Values below 1.0 suggest a company may struggle to cover short-term obligations without selling inventory.

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CPRX

6.70x

Sector Median

1.31x

Sector Avg

2.65x

How CPRX's Quick Ratio compares to sector peers.

Not financial advice. Research tool only. Data may be delayed.