IRD (Opus Genetics) Cash Ratio: 6.42 (As of Mar. 2026) — Near Median

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IRD Opus Genetics Inc IRD
24 GF Score
Price $3.56
GF Value $0.36
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Opus Genetics Cash Ratio?

Opus Genetics IRD -6.44% 24 Cash Ratio is 6.42 as of Mar. 2026, which is 6% above its 10-year median of 6.03. GuruFocus rates IRD with a GF Score™ of 24/100 and a GF Value™ of $0.36 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,386 Biotechnology companies, Opus Genetics ranks better than 69.62% 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. Opus Genetics's Cash Ratio for the quarter that ended in Mar. 2026 was 6.42.

Opus Genetics has a Cash Ratio of 6.42. 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 Opus Genetics's Cash Ratio or its related term are showing as below:

IRD' s Cash Ratio Range Over the Past 10 Years
Min: 0.16   Med: 6.03   Max: 15.5
Current: 6.42

During the past 7 years, Opus Genetics's highest Cash Ratio was 15.50. The lowest was 0.16. And the median was 6.03.

IRD's Cash Ratio is ranked better than
69.62% of 1386 companies
in the Biotechnology industry
Industry Median: 2.93 vs IRD: 6.42

Opus Genetics  (NAS:IRD) 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.


Opus Genetics Cash Ratio Related Terms


Opus Genetics Cash Ratio Historical Data

* Premium members only.

The historical data trend for Opus Genetics'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.

Opus Genetics Cash Ratio Chart

Opus Genetics Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cash Ratio
Get a 7-Day Free Trial 6.42 15.50 12.50 2.68 5.80

Opus Genetics 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 1.72 1.61 1.06 5.80 6.42

IRD vs PALI, VSTM, GALT: Cash Ratio Comparison

For the Biotechnology subindustry, Opus Genetics'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.


Opus Genetics Cash Ratio vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Opus Genetics's Cash Ratio distribution charts can be found below:

* The bar in red indicates where Opus Genetics's Cash Ratio falls into.


IRD
24GF Score
Opus Genetics Inc IRD
Cash Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Opus Genetics Cash Ratio Calculation

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

Opus Genetics'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
=45.091/7.781
=5.80

Opus Genetics'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
=59.959/9.34
=6.42

* 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 6.42 mean?
Opus Genetics (IRD) has a Cash Ratio of 6.42 as of Mar. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Opus Genetics and its competitors. This is near median its historical median of 6.03. Over the past decade, Opus Genetics' Cash Ratio has ranged from 0.16 to 15.50. According to the industry distribution chart, Opus Genetics ranks #421 out of 1386 companies in the Biotechnology industry, placing it in the top 30.4%.
Is Opus Genetics' Cash Ratio too high?
Opus Genetics' current Cash Ratio of 6.42 is near median its 10-year median of 6.03. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 15.50. The Biotechnology industry median Cash Ratio is 2.93. Opus Genetics' value of 6.42 is 119.1% above this industry median. Based on the distribution chart, Opus Genetics ranks #421 out of 1386 companies in the Biotechnology industry, which is above the industry midpoint. Overall, Opus Genetics has a GF Score™ of 24/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Opus Genetics' Cash Ratio compare to PALI and VSTM?
According to the Biotechnology industry distribution chart, Opus Genetics ranks #421 out of 1386 companies for Cash Ratio. This puts Opus Genetics in the upper half of its industry. The industry median Cash Ratio is 2.93. Opus Genetics' value of 6.42 is 119.1% above this benchmark. Historically, Opus Genetics' own Cash Ratio has ranged from 0.16 to 15.50 over the past decade. While the company's 10-year median is 6.03 vs. the industry median of 2.93, Opus Genetics 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 2.93, based on 1,386 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. Opus Genetics's current Cash Ratio of 6.42 is 119.1% 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 Opus Genetics and its competitors. For the Biotechnology industry, the median Cash Ratio is 2.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Opus Genetics's current Cash Ratio is 6.42, which is near median its own 10-year median of 6.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Opus Genetics stock overvalued right now?
Based on GuruFocus' analysis, Opus Genetics (IRD) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.36, compared to a current price of $3.56 — trading 888.9% above its estimated fair value. The current Cash Ratio is 6.42, which is near median its 10-year median of 6.03 and 119.1% above the Biotechnology industry median of 2.93. Opus Genetics' overall GF Score™ is 24/100 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 Opus Genetics (IRD), the current Cash Ratio is 6.42 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 Opus Genetics (IRD) Overvalued in 2026?

Based on GuruFocus' analysis, Opus Genetics stock appears to be overvalued. The current stock price of $3.56 is trading 888.9% above its estimated GF Value™ of $0.36. GuruFocus considers Opus Genetics to be Significantly Overvalued.

Key valuation signals for IRD:

  • Cash Ratio: 6.42 (near median its 10-year median of 6.03)
  • GF Value™: $0.36 vs. price of $3.56 (888.9% above fair value)
  • GF Score™: 24/100 with 4 warning signs
  • Industry Position: 119.1% above the Biotechnology median (#421 of 1386)

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


Opus Genetics Business Description

Other Exchanges R3X1:Germany
Address 8 Davis Drive, Suite 220, Durham, NC, USA, 27713
Opus Genetics Inc is a clinical-stage ophthalmic biopharmaceutical company developing therapies to treat patients with inherited retinal diseases (IRDs) and therapies to treat patients with other retinal and refractive disorders. The pipeline includes seven adeno-associated virus (AAV)-based programs, led by OPGx-LCA5 for LCA5-related mutations and OPGx-BEST1 for BEST1-related retinal degeneration, with additional candidates targeting RHO, CNGB1, RDH12, NMNAT1, and MERTK. The company operates in one operating segment, which is the business of developing products related to vision performance and health.
24GF Score

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

$3.56
Price
$0.36
GF Value