AMPH (Amphastar Pharmaceuticals) Cash Ratio: 1.78 (As of Mar. 2026) — 55% Above Median

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AMPH Amphastar Pharmaceuticals Inc AMPH
82 GF Score
Price $19.75
GF Value $48.94
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Amphastar Pharmaceuticals Cash Ratio?

Amphastar Pharmaceuticals AMPH -0.58% 82 Cash Ratio is 1.78 as of Mar. 2026, which is 55% above its 10-year median of 1.15. GuruFocus rates AMPH with a GF Score™ of 82/100 and a GF Value™ of $48.94 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 976 Drug Manufacturers companies, Amphastar Pharmaceuticals ranks better than 75.92% on this metric.

The Cash Ratio measures a company’s ability to meet its short-term obligations with cash and near-cash resources. It is calculated as a company's Cash, Cash Equivalents, Marketable Securities divides by its Total Current Liabilities. Amphastar Pharmaceuticals's Cash Ratio for the quarter that ended in Mar. 2026 was 1.78.

Amphastar Pharmaceuticals has a Cash Ratio of 1.78. It generally indicates that the company is able to cover all short-term debt and still have cash remaining.

The historical rank and industry rank for Amphastar Pharmaceuticals's Cash Ratio or its related term are showing as below:

AMPH' s Cash Ratio Range Over the Past 10 Years
Min: 0.58   Med: 1.15   Max: 1.85
Current: 1.78

During the past 13 years, Amphastar Pharmaceuticals's highest Cash Ratio was 1.85. The lowest was 0.58. And the median was 1.15.

AMPH's Cash Ratio is ranked better than
75.92% of 976 companies
in the Drug Manufacturers industry
Industry Median: 0.61 vs AMPH: 1.78

Amphastar Pharmaceuticals  (NAS:AMPH) Cash Ratio Explanation

The cash ratio is more conservative than other liquidity ratios, such as Quick Ratio and Current Ratio, because it only considers a company's most liquid resources. The numerator of cash ratio only considers Cash, Cash Equivalents and marketable securities. Other current assets, such as accounts receivable and inventories, are not included. The rationale is that these assets may require time to be transformed into cash, and the amount of money received is also uncertain.

The cash ratio shows a company’s ability to pay all current liabilities immediately without selling or liquidating other assets. Generally speaking, a higher cash ratio suggests the company has a stronger ability to cover its short-term debt. However, a high cash ratio could also indicate inefficient management: the company is inefficient in making full utilization of cash to invest protential profitable project. It may also suggest that the company is not confident about future profitability.

In general, the higher the cash ratio, the better the company's liquidity position.


Amphastar Pharmaceuticals Cash Ratio Related Terms


Amphastar Pharmaceuticals Cash Ratio Historical Data

* Premium members only.

The historical data trend for Amphastar Pharmaceuticals's Cash Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Amphastar Pharmaceuticals Cash Ratio Chart

Amphastar Pharmaceuticals Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cash Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.32 1.85 1.14 1.28 1.79

Amphastar Pharmaceuticals Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cash Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.19 1.31 1.35 1.79 1.78

AMPH vs ETON, PCRX, BIOA: Cash Ratio Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Amphastar Pharmaceuticals's Cash Ratio, along with its competitors' market caps and Cash Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Amphastar Pharmaceuticals Cash Ratio vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Amphastar Pharmaceuticals's Cash Ratio distribution charts can be found below:

* The bar in red indicates where Amphastar Pharmaceuticals's Cash Ratio falls into.


AMPH
82GF Score
Amphastar Pharmaceuticals Inc AMPH
Cash Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Amphastar Pharmaceuticals Cash Ratio Calculation

The Cash Ratio measures a company's ability to meet its short-term obligations with its cash and near-cash resources.

Amphastar Pharmaceuticals's Cash Ratio for the fiscal year that ended in Dec. 2025 is calculated as:

Cash Ratio (A: Dec. 2025 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=282.812/158.156
=1.79

Amphastar Pharmaceuticals's Cash Ratio for the quarter that ended in Mar. 2026 is calculated as:

Cash Ratio (Q: Mar. 2026 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=291.951/164.478
=1.78

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Cash Ratio →
What does a Cash Ratio of 1.78 mean?
Amphastar Pharmaceuticals (AMPH) has a Cash Ratio of 1.78 as of Mar. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Amphastar Pharmaceuticals and its competitors. This is 55% above median its historical median of 1.15. Over the past decade, Amphastar Pharmaceuticals' Cash Ratio has ranged from 0.58 to 1.85. According to the industry distribution chart, Amphastar Pharmaceuticals ranks #235 out of 976 companies in the Drug Manufacturers industry, placing it in the top 24.1%.
Is Amphastar Pharmaceuticals' Cash Ratio too high?
Amphastar Pharmaceuticals' current Cash Ratio of 1.78 is 55% above median its 10-year median of 1.15. Over the past 10 years, this metric has ranged from a low of 0.58 to a high of 1.85. The Drug Manufacturers industry median Cash Ratio is 0.61. Amphastar Pharmaceuticals' value of 1.78 is 191.8% above this industry median. Based on the distribution chart, Amphastar Pharmaceuticals ranks #235 out of 976 companies in the Drug Manufacturers industry, which is in the top quartile — a strong position relative to peers. Overall, Amphastar Pharmaceuticals has a GF Score™ of 82/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Amphastar Pharmaceuticals' Cash Ratio compare to ETON and PCRX?
According to the Drug Manufacturers industry distribution chart, Amphastar Pharmaceuticals ranks #235 out of 976 companies for Cash Ratio. This places Amphastar Pharmaceuticals in the top 24% of its industry — outperforming the majority of peers. The industry median Cash Ratio is 0.61. Amphastar Pharmaceuticals' value of 1.78 is 191.8% above this benchmark. Historically, Amphastar Pharmaceuticals' own Cash Ratio has ranged from 0.58 to 1.85 over the past decade. While the company's 10-year median is 1.15 vs. the industry median of 0.61, Amphastar Pharmaceuticals has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Ratio for a Drug Manufacturers company?
The median Cash Ratio among Drug Manufacturers companies is 0.61, based on 976 companies in the industry. Companies in the top quartile (top 25%) have a Cash Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cash Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Amphastar Pharmaceuticals's current Cash Ratio of 1.78 is 191.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Ratio mean?
A high Cash Ratio can signal that a stock is expensive relative to its fundamentals. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Amphastar Pharmaceuticals and its competitors. For the Drug Manufacturers industry, the median Cash Ratio is 0.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Amphastar Pharmaceuticals's current Cash Ratio is 1.78, which is 55% above median its own 10-year median of 1.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Amphastar Pharmaceuticals stock overvalued right now?
Based on GuruFocus' analysis, Amphastar Pharmaceuticals (AMPH) is currently considered Significantly Undervalued. The stock's GF Value™ is $48.94, compared to a current price of $19.75 — trading 59.7% below its estimated fair value. The current Cash Ratio is 1.78, which is 55% above median its 10-year median of 1.15 and 191.8% above the Drug Manufacturers industry median of 0.61. Amphastar Pharmaceuticals' overall GF Score™ is 82/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Ratio calculated?
Cash Ratio is calculated from a company's financial statements. For Amphastar Pharmaceuticals (AMPH), the current Cash Ratio is 1.78 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Amphastar Pharmaceuticals (AMPH) Overvalued in 2026?

Based on GuruFocus' analysis, Amphastar Pharmaceuticals stock appears to be undervalued. The current stock price of $19.75 is trading 59.7% below its estimated GF Value™ of $48.94. GuruFocus considers Amphastar Pharmaceuticals to be Significantly Undervalued.

Key valuation signals for AMPH:

  • Cash Ratio: 1.78 (55% above median its 10-year median of 1.15)
  • GF Value™: $48.94 vs. price of $19.75 (59.7% below fair value)
  • GF Score™: 82/100 with 4 warning signs
  • Industry Position: 191.8% above the Drug Manufacturers median (#235 of 976)

No single metric tells the full story. See the AMPH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Amphastar Pharmaceuticals Business Description

Other Exchanges 29A:Germany
Address 11570 6th Street, Rancho Cucamonga, CA, USA, 91730
Amphastar Pharmaceuticals Inc is a bio-pharmaceutical company focusing on developing, manufacturing, marketing, and selling technically challenging generic and proprietary injectable, inhalation, and intranasal products, as well as insulin active pharmaceutical ingredient (or insulin API products. The company's finished products are used in hospital or urgent care clinical settings and are contracted and distributed through group purchasing organizations and drug wholesalers. The company has one reportable segment: pharmaceutical products. Geographically, the business presence of the firm is seen in the United States, China, and France, of which the U.S. accounts for the majority of the revenue.
82GF Score

Get the complete analysis for AMPH

Cash Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$19.75
Price
$48.94
GF Value