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Immatics NVIMTX -2.21%59 Cash Ratio is 8.21 as of Mar. 2026, which is 157% above its 10-year median of 3.19. GuruFocus rates IMTX with a GF Score™ of 59/100 and a GF Value™ of $3.38 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,381 Biotechnology companies, Immatics NV ranks better than 75.38% on this metric.
Immatics NV has a Cash Ratio of 8.21. 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 Immatics NV's Cash Ratio or its related term are showing as below:
IMTX'
s Cash Ratio Range Over the Past 10 Years
Min: 0.98 Med: 3.19 Max: 10.91
Current: 8.21
During the past 8 years, Immatics NV's highest Cash Ratio was 10.91. The lowest was 0.98. And the median was 3.19.
IMTX's Cash Ratio is ranked better than 75.38% of 1381
companies
in the Biotechnology industry
Industry Median: 2.95
vs IMTX: 8.21
Immatics NV (NAS:IMTX) 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.
Immatics NV Cash Ratio Related Terms
Immatics NV Cash Ratio Historical Data
* Premium members only.
The historical data trend for Immatics NV'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.
For the Biotechnology subindustry, Immatics NV'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.
Immatics NV Cash Ratio vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Immatics NV's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Immatics NV's Cash Ratio falls into.
* 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.
Immatics NV (IMTX) has a Cash Ratio of 8.21 as of Mar. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Immatics NV and its competitors. This is 157% above median its historical median of 3.19. Over the past decade, Immatics NV's Cash Ratio has ranged from 0.98 to 10.91. According to the industry distribution chart, Immatics NV ranks #340 out of 1381 companies in the Biotechnology industry, placing it in the top 24.6%.
Is Immatics NV's Cash Ratio too high?
Immatics NV's current Cash Ratio of 8.21 is 157% above median its 10-year median of 3.19. Over the past 10 years, this metric has ranged from a low of 0.98 to a high of 10.91. The Biotechnology industry median Cash Ratio is 2.95. Immatics NV's value of 8.21 is 178.3% above this industry median. Based on the distribution chart, Immatics NV ranks #340 out of 1381 companies in the Biotechnology industry, which is in the top quartile — a strong position relative to peers. Overall, Immatics NV has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Immatics NV's Cash Ratio compare to TRAX and AVLN?
According to the Biotechnology industry distribution chart, Immatics NV ranks #340 out of 1381 companies for Cash Ratio. This places Immatics NV in the top 25% of its industry — outperforming the majority of peers. The industry median Cash Ratio is 2.95. Immatics NV's value of 8.21 is 178.3% above this benchmark. Historically, Immatics NV's own Cash Ratio has ranged from 0.98 to 10.91 over the past decade. While the company's 10-year median is 3.19 vs. the industry median of 2.95, Immatics NV 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 Biotechnology company?
The median Cash Ratio among Biotechnology companies is 2.95, based on 1,381 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. Immatics NV's current Cash Ratio of 8.21 is 178.3% 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 Immatics NV and its competitors. For the Biotechnology industry, the median Cash Ratio is 2.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Immatics NV's current Cash Ratio is 8.21, which is 157% above median its own 10-year median of 3.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Immatics NV stock overvalued right now?
Based on GuruFocus' analysis, Immatics NV (IMTX) is currently considered Significantly Overvalued. The stock's GF Value™ is $3.38, compared to a current price of $9.08 — trading 168.6% above its estimated fair value. The current Cash Ratio is 8.21, which is 157% above median its 10-year median of 3.19 and 178.3% above the Biotechnology industry median of 2.95. Immatics NV's overall GF Score™ is 59/100 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 Immatics NV (IMTX), the current Cash Ratio is 8.21 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 Immatics NV (IMTX) Overvalued in 2026?
Based on GuruFocus' analysis, Immatics NV stock appears to be overvalued.
The current stock price of $9.08 is trading 168.6% above its estimated GF Value™ of $3.38.
GuruFocus considers Immatics NV to be Significantly Overvalued.
Key valuation signals for IMTX:
Cash Ratio: 8.21 (157% above median its 10-year median of 3.19)
GF Value™: $3.38 vs. price of $9.08 (168.6% above fair value)
Industry Position: 178.3% above the Biotechnology median (#340 of 1381)
No single metric tells the full story. See the IMTX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Immatics NV is a clinical-stage biotechnology company engaged in the research and development of T-cell redirecting immunotherapies for the treatment of cancer patients. The company earns revenue through strategic collaboration agreements with third-party pharmaceutical and biotechnology companies. The company derives its maximum revenue from United States.
59GF Score
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